Head of Corporate Actuarial

AtripleA recruitment & temps; South Africa; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading recruitment agency is looking for an Actuarial Specialist to oversee reserving and capital functions across short-term and life insurance sectors in South Africa and Botswana. The role includes developing strategies, performing analyses, and supporting actuarial qualifications for students. Ideal candidates should have strong knowledge in actuarial science and experience with data analytics and capital modelling. Join us to provide top-tier service to our internal stakeholders while enhancing operational efficiency.

Qualifications

• Experienced in reserving and capital functions across insurance sectors.
• Ability to support and assist students pursuing actuarial qualifications.
• Proficient in data quality and regulatory requirements.

Responsibilities

• Accountable for the corporate actuarial department's strategy.
• Perform actuarial analyses, including premium projections.
• Support business decisions related to reserving and risk management.

Skills

Actuarial analysis

Capital modelling

Data analytics

Reinsurance analysis

Education

Actuarial qualification

Job description

Responsible for the reserving and capital functions across the group: short term-, and life insurance; South Africa and Botswana.

General

• Accountable for the strategy and operating model of the corporate actuarial department.
• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
• Assist students within the company to pursue local actuarial qualification.

Reserving Specific

• Reserving, reinsurance analysis, or market-facing business units in support of business objectives, and annual IFRS audit.
• With appropriate review and guidance from Management coordinate, prepare, and perform actuarial analyses including and premium projections, consultation on actuarial models, and risk-based capital issues.
• Support finance, market-facing business units, claims, risk, capital management, and other functions on reserving, and strategic business decisions.

Capital Specific

• Capital modelling, data quality, regulatory returns and audits.
• With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including collection of information from various stakeholders across the business.

Business Support Specific

• Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
• Perform data analytics and/or reinsurance analysis.

Relationships

Internal

• Actuarial business partners
• Underwriting
• Claims
• Finance (FAR and PPM)
• Senior management / executives

External

• Head Actuarial Function
• Auditors (external and internal)
• Underwriting management agency (UMA) partners
• Network of contacts within the actuarial profession