Head of Actuarial Risk & Modeling (Hybrid)

Rand Mutual Assurance; Gauteng; Hybrid; ZAR 200 000 - 300 000; Full time

Job summary

An established insurance company based in South Africa is seeking a Head : Actuarial Risk Management. This role is crucial for leading actuarial frameworks and risk functions while ensuring compliance with industry standards. Candidates should have a strong actuarial background, including a relevant degree and significant experience in risk management and team leadership. The position offers competitive compensation and flexible work arrangements within a supportive and collaborative environment.

Benefits

Competitive salary package

Personal and professional development opportunities

Flexible work arrangements

Qualifications

• Minimum 8-10 years of actuarial experience in an insurance environment.
• At least 5 years of management experience leading actuarial teams.
• Demonstrated experience in actuarial risk management and reserving.

Responsibilities

• Develop and implement actuarial risk management frameworks.
• Lead the development and validation of actuarial models.
• Prepare and present comprehensive actuarial risk reports.

Skills

Actuarial risk management

Capital modeling

Data analysis

Team leadership

Education

NQF Level 8 : Honour's degree in Actuarial Science, Mathematics, Statistics or related field

Member of Actuarial Society of South Africa

Actuarial Fellowship

ASSA Life Insurance Practicing Certificate

Job description

An established insurance company based in South Africa is seeking a Head : Actuarial Risk Management. This role is crucial for leading actuarial frameworks and risk functions while ensuring compliance with industry standards. Candidates should have a strong actuarial background, including a relevant degree and significant experience in risk management and team leadership. The position offers competitive compensation and flexible work arrangements within a supportive and collaborative environment.