Lead Actuarial Manager, Non-Life Reserving & Capital

The Recruitment Council; Midrand; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading financial services provider in South Africa seeks an experienced Actuarial Manager to oversee reserving and regulatory capital management. The role requires managing a team and ensuring compliance with SAM and IFRS standards. Candidates must have a Bachelor of Science in Actuarial Science and over 5 years of actuarial experience, with a focus on short-term insurance. This influential position offers a chance to drive strategic decision-making in a dynamic environment.

Qualifications

• 5+ years of overall actuarial experience.
• 3+ years of experience specifically in Short-Term insurance.
• 3+ years in reserving, SAM, and IFRS reporting.
• 1+ years of resource management and planning experience.

Responsibilities

• Manage and oversee SAM calculations and reporting.
• Oversee end-to-end reserving processes.
• Drive IFRS 17 implementation and reporting.
• Present insights to senior management and stakeholders.
• Support Risk team in ERM framework development.
• Lead and mentor a team of actuarial analysts.

Skills

Modeling key metrics

Continuous improvement

Process automation

Education

Bachelor of Science in Actuarial Science

Tools

ResQ software

Job description

A leading financial services provider in South Africa seeks an experienced Actuarial Manager to oversee reserving and regulatory capital management. The role requires managing a team and ensuring compliance with SAM and IFRS standards. Candidates must have a Bachelor of Science in Actuarial Science and over 5 years of actuarial experience, with a focus on short-term insurance. This influential position offers a chance to drive strategic decision-making in a dynamic environment.