Remote Lead Actuary

Placements24; Centurion; Híbrido; ZAR 1.800.000 - 2.400.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Fully remote work

Executive-level benefits package

Significant performance bonus

Comprehensive health insurance

Retirement fund contributions

Continuous learning opportunities

Access to advanced actuarial software

Descripción de la vacante

Placements24 is seeking a Lead Actuary to head actuarial functions for a major insurer in a fully remote capacity, based from Centurion, Gauteng. This senior role requires strategic leadership, expert pricing, reserving, and modelling oversight, with mentoring for a team of actuaries.

You will drive financial health, ensure regulatory compliance (Solvency II, IFRS 17), and provide insights to executive leadership while leveraging advanced actuarial tools and programming in Prophet, GGY AXIS,

Formación

• Fellow of the Actuarial Society of SA (FASSA) or equivalent.
• Minimum 10 years actuarial experience in insurance.
• Experience leading actuarial teams and managing complex projects.
• Advanced proficiency in Prophet or GGY AXIS and programming (Python/R/SQL).
• Strong regulatory knowledge and communication skills.

Responsabilidades

• Lead the actuarial team in pricing model development and validation.
• Oversee reserves calculation for outstanding claims and compliance.
• Develop financial models for risk, capital, and strategic planning.
• Perform experience analyses (mortality, morbidity, lapse).
• Provide actuarial expertise to product development, marketing, and finance.
• Ensure adherence to Solvency II and IFRS 17.
• Mentor junior actuaries and present findings to senior management.
• Stay abreast of industry trends and actuarial technology.

Conocimientos

Leadership

Pricing

Reserving

Modeling

Communication

Remote team leadership

Educación

FASSA or international equivalent

Herramientas

Prophet

GGY AXIS

Python

R

SQL

Descripción del empleo

About the Role

Our client, a distinguished leader in the insurance sector, is seeking an accomplished Lead Actuary to spearhead their actuarial functions within a fully remote capacity. Operating from Centurion, Gauteng, this senior position involves leading a team of actuaries in the development, implementation, and ongoing management of pricing, reserving, and modeling strategies. You will be pivotal in driving strategic initiatives, ensuring the financial health and solvency of the company, and providing critical insights to executive leadership. This remote-first role demands a highly analytical, strategic thinker with extensive experience in actuarial science and a proven ability to lead and mentor effectively. Join our client in shaping robust financial frameworks from the comfort of your home office.

Key Responsibilities

• Lead the actuarial team in developing and validating pricing models for new and existing insurance products.
• Oversee the calculation of reserves for outstanding claims, ensuring adequacy and compliance with regulatory requirements.
• Develop and maintain sophisticated financial models for risk assessment, capital management, and strategic planning.
• Perform experience analyses, including mortality, morbidity, and lapse studies.
• Provide actuarial expertise and support to various departments, including product development, marketing, and finance.
• Ensure compliance with all relevant actuarial standards of practice and regulatory frameworks (e.g., Solvency II, IFRS 17).
• Mentor and develop junior actuaries, fostering a high-performance culture.
• Present complex actuarial findings and recommendations to senior management and stakeholders.
• Stay abreast of industry trends, emerging risks, and technological advancements in actuarial science.

Requirements

• Fellow of the Actuarial Society of South Africa (FASSA) or equivalent international qualification is essential.
• A minimum of 10 years of progressive experience in actuarial roles within the insurance industry.
• Demonstrated experience in leading actuarial teams and managing complex projects.
• Expertise in pricing, reserving, capital modeling, and financial projections for long-term or short-term insurance.
• Advanced proficiency in actuarial software (e.g., Prophet, GGY AXIS) and programming languages (e.g., Python, R, SQL).
• Strong understanding of regulatory environments and compliance requirements.
• Exceptional analytical, problem-solving, and strategic thinking abilities.
• Excellent communication and presentation skills, with the ability to convey technical concepts clearly.
• Proven ability to work independently and lead a remote team effectively.

Benefits

• Highly competitive salary and executive-level benefits package.
• Fully remote work arrangement with flexibility and autonomy.
• Significant bonus potential tied to company performance and strategic achievements.
• Comprehensive health insurance coverage.
• Generous contributions to retirement funds.
• Opportunities for continuous learning and professional growth.
• Access to advanced actuarial software and tools.
• Supportive virtual work environment with regular team interactions.