Life & Annuity Senior Actuary - Financial Analysis

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Acumen Group
Cape Town
ZAR 600 000 - 1 000 000
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Yesterday
Job description

Job title : Life & Annuity Senior Actuary - Financial Analysis

Job Location : Western Cape, Cape Town

Deadline : May 22, 2025

About the job

  • Our client is seeking a highly skilled and fully qualified Life & Annuity Actuary to play a key role in financial analysis and reporting. This position will serve as a vital link between the finance and actuarial teams, ensuring the production of key financial figures and communicating results to the board and other senior stakeholders. The ideal candidate will have a strong background in financial analysis, reporting, and an in-depth understanding of life and / or annuity products.

Responsibilities will include but are not limited to :

  • Act as an intermediary between the finance and actuarial teams, ensuring seamless communication and collaboration.
  • Produce, analyze, and interpret key financial figures and actuarial results for senior management and the board.
  • Support financial reporting, capital management, and regulatory requirements.
  • Develop insights into financial performance and profitability trends within the life and annuity business.
  • Ensure compliance with local and international financial reporting standards.
  • Provide strategic recommendations based on financial analysis to support business decisions.
  • Collaborate with key stakeholders, including risk, finance, and product development teams, to enhance business performance.

Qualifications :

  • Fully qualified actuary (FASSA, FIA, or equivalent).
  • Strong experience in financial analysis and actuarial reporting within the life and annuity insurance sector.
  • Solid understanding of life and annuity products, reserving, and capital management.
  • Proficiency in actuarial analysis, financial reporting standards (GAAP preferred), and risk analysis.
  • Excellent communication and presentation skills, with the ability to convey complex financial results to non-actuarial stakeholders.
  • Strong problem-solving skills and a strategic mindset.
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