Head of Life Clients Solutions (Senior Actuary)

NedBank; Johannesburg; On-site; ZAR 700 000 - 900 000; Full time

Job summary

A leading financial institution in South Africa is seeking an experienced Actuarial Specialist to provide support and business solutions for Life Products. The ideal candidate will have over 8 years of experience in the actuarial field. You will develop and manage the Life Product Roadmap, ensuring compliance and optimal outcomes. This role requires strong data analysis and governance skills, as well as effective team management in a hybrid working model.

Qualifications

• 8+ years of experience in Actuarial Field focusing on Life Products / Client Solutions.
• Strong focus on product risk and governance ensuring compliance with frameworks.

Responsibilities

• Develop and deliver the Life Product Roadmap.
• Manage the end-to-end product lifecycle.
• Conduct monthly KPI/KRI reporting with insightful commentary.
• Support the achievement of the business strategy and objectives.

Skills

Business writing skills

Data analysis

Governance, Risk and Controls

Insurance

Banking knowledge

Education

Advanced Diplomas/National 1st Degrees

FASSA

Job description

Job Classification

• Job Requisition: 143779
• TA Specialist: Refilwe Falatsi
• Closing Date: 6 February 2026
• Location: 135 Rivonia Campus, Sandton
• Cluster: Personal and Private Banking | Nedbank Insurance | Operations
• Please Note: Preference will be given to applicants from Underrepresented Groups

Career Stream

Actuarial

FAIS Affected

Job Purpose

To provide actuarial support and business solutions to internal and external stakeholders of Nedbank Insurance, in line with Nedbank's Client Value Proposition

Job Responsibilities

• Develop and deliver the Life Product Roadmap. Execution against well-defined plans. On time, to high quality, proactively and collaboratively.
• Manage the end-to-end product lifecycle. Managing product priorities and capacity to ensure optimal business outcomes.
• Product reporting: Monthly KPI / KRI reporting with high quality commentary and deeper dive into drivers of results. Regular product reporting bringing together performance and product actions. High quality, insightful Management Committee reporting that drives management actions and decision making.
• Board Committee reporting as per calendars and addressing matters arising
• Product reviews: deliver regular program of product reviews to assess performance, product competitiveness and product appropriateness for the target market. Identify product improvements / enhancement and determine products’ strategic direction.
• Monitor and manage product remediation activities.
• Act as a product SME and business partner to other areas of the business to collaboratively resolve issues and develop and implement business solutions.
• Strong focus on product risk and governance ensuring compliance with Nedbank’s frameworks and policies.
• Support the achievement of the business strategy, objectives and values.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities.
• Contribute to the Nedbank Culture building initiatives.
• Participate and support corporate responsibility initiatives for the achievement of business strategy.
• Seek opportunities to improve business processes, models and systems though agile thinking.
• Stay abreast of developments in field of expertise, ensuring personal and professional growth.
• Manage performance of direct reports and hold them accountable for performance.
• Identify relevant development needs and develop and implement plans to address these.
• Maintain a high performing team by agreeing clear goals and measures, regularly discussing and assessing performing and identifying development areas.
• Effectively manage a team hybrid working model with a clear in office rhythm and effective work cadence.
• Build depth of skills and knowledge in the team of managers by sharing knowledge and insight.

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

FASSA

Preferred Certifications

FASSA

Minimum Experience Level

8 years+ in Actuarial Field focusing on Life Products / Client Solutions

Technical / Professional Knowledge

• Business writing skills
• Business principles
• Business terms and definitions
• Governance, Risk and Controls
• Data analysis
• Relevant software and systems knowledge
• Banking knowledge
• Insurance

Behavioural Competencies

• Technical/Professional Knowledge and Skills
• Quality Orientation
• Technology Savvy
• Communication
• Continuous Improvement
• Monitoring Information

Please contact the Nedbank Recruiting Team at [phone]