Head of Research and Development

Network Finance.; Randburg; On-site; ZAR 1,800,000 - 2,400,000; Full time

Job summary

Network Finance is seeking a Head of Research and Development Actuary to lead a team of actuaries and researchers in developing innovative models and tools for pricing, risk assessment and forecasting.

The role requires a Bachelor’s degree in Actuarial Science and a qualified actuary with 10+ years of experience in insurance or reinsurance, plus proficiency in R/Python/SAS for data analysis and modeling.

Qualifications

• Bachelor’s degree in Actuarial Science or related field.
• Qualified actuary (FSA/FCAS) or equivalent.
• 10+ years experience in insurance or reinsurance with focus on R&D.
• Proficiency in programming (R/Python/SAS) for data analysis and modeling.

Responsibilities

• Lead and manage a team of actuaries and researchers in development of cutting-edge actuarial models, tools and techniques.
• Drive research initiatives to enhance predictive modeling, risk assessment, and pricing strategies.
• Collaborate with cross-functional teams including product development, underwriting, and data science to integrate research findings into business strategies.

Skills

Actuarial science

R/Python/SAS

Leadership

Cross-functional collaboration

Education

Bachelor’s degree in Actuarial Science

Advanced degree (FSA/FCAS/PhD) preferred

Tools

R

Python

SAS

Job description

Head of Research and Development Actuary

Reference: NFP013983-SHb-1

We are seeking a highly skilled and experienced individual to join our team as the Head of Research and Development Actuary. In this role, you will lead our Research and Development (R&D) team, driving innovation and excellence in actuarial methodologies and practices.

Duties & Responsibilities

Responsibilities:

• Lead and manage a team of actuaries and researchers in the development of cutting-edge actuarial models, tools, and techniques.
• Drive research initiatives to enhance predictive modeling, risk assessment, and pricing strategies.
• Collaborate closely with cross-functional teams including product development, underwriting, and data science to integrate research findings into business strategies.

Requirements:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field. Advanced degree (e.g., FSA, FCAS, PhD) preferred.
• Qualified actuary
• 10+ years experience within the insurance or reinsurance industry, with a focus on research and development.
• Proficiency in programming languages such as R, Python, or SAS for data analysis and modeling.

If you are interested in this opportunity, please apply directly.

For more information, contact:
Shaunaline Baatjies
Specialist Recruiter: Network Finance Alpha
[e-mail]