Lead Actuarial Analyst - Life Insurance

Placements24; Cape Town; Presencial; ZAR 1 500 000 - 2 100 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Medical insurance

Retirement savings plan

Professional development

Relocation assistance

Career progression

Resumo da oferta

Placements24 seeks a Lead Actuarial Analyst in Cape Town to head pricing, reserving and financial modeling for the life insurance division. You will lead a team of actuaries, drive innovative actuarial methodologies and provide insights to senior management for strategic decisions.

The ideal candidate has 7+ years in life actuarial roles, fully qualified (FIA/FSA or equivalents), with strong skills in Prophet/AXIS and programming in R/Python. IFRS 17 and Solvency II knowledge is highly desirable.

Qualificações

• Minimum 7 years actuarial experience in life insurance.
• Fully qualified actuary (FIA/FSA or equivalent).
• Experience in pricing, reserving and financial modeling.
• Strong proficiency in Prophet and AXIS; programming in R and Python.
• Excellent analytical, statistical and communication abilities.
• Leadership and team management experience.

Responsabilidades

• Lead and mentor a team of actuarial professionals, overseeing project delivery and professional development.
• Develop, implement, and validate pricing models for life insurance products.
• Conduct regular reserving calculations and analyses.
• Perform financial projections and sensitivity testing for economic scenarios.
• Collaborate with product development, marketing and finance to support business objectives.
• Present actuarial findings to senior management and regulatory bodies.

Conhecimentos

Leadership

Analytical skills

Communication

Problem solving

Formação académica

FIA/FSA or equivalent

Ferramentas

Prophet

AXIS

R

Python

Descrição da oferta de emprego

About the Role

Our client is seeking an accomplished Lead Actuarial Analyst to spearhead critical functions within their life insurance division, based in the vibrant city of Cape Town, Western Cape . This senior position offers the chance to apply advanced actuarial techniques to pricing, reserving, and financial modeling. You will lead a team of actuaries, drive innovation in actuarial methodologies, and provide essential insights to senior management for strategic decision-making. The ideal candidate possesses a strong quantitative background, a deep understanding of life insurance products, and a passion for problem-solving in a complex financial landscape. This is a unique opportunity to make a significant impact at a reputable insurance firm located in Cape Town .

Key Responsibilities

• Lead and mentor a team of actuarial professionals, overseeing project delivery and professional development.
• Develop, implement, and validate pricing models for new and existing life insurance products.
• Conduct regular reserving calculations and analyses, ensuring compliance with regulatory standards.
• Perform financial projections and sensitivity testing to assess the impact of various economic scenarios.
• Collaborate with product development, marketing, and finance teams to support business objectives.
• Contribute to the company's strategic planning by providing data-driven actuarial insights.
• Stay abreast of industry best practices, regulatory changes, and emerging actuarial techniques.
• Prepare and present actuarial reports and findings to senior management and regulatory bodies.

Requirements

• A minimum of 7 years of experience in actuarial roles within the life insurance industry.
• Fully qualified actuary (e.g., FIA, FSA, or equivalent).
• Demonstrated experience in pricing, reserving, and financial modeling.
• Strong proficiency in actuarial software (e.g., Prophet, AXIS) and programming languages (e.g., R, Python).
• Excellent analytical, statistical, and problem-solving abilities.
• Proven leadership and team management skills.
• Exceptional communication and presentation skills, with the ability to explain complex concepts clearly.
• Solid understanding of IFRS 17 and Solvency II principles is highly desirable.

Benefits

• An attractive annual salary package of up to ZAR .
• Significant performance-based incentives and bonuses.
• Comprehensive private medical insurance and retirement savings plan.
• Support for ongoing professional development and actuarial exam completion.
• A stimulating work environment in beautiful Cape Town .
• Opportunities for career progression within a leading financial services group.
• Relocation assistance may be available for exceptional candidates.