Senior Actuarial Manager

FEM; Johannesburg; Vor Ort; ZAR 1.000.000 - 1.400.000; Vollzeit

Zusammenfassung

FEM, a leading insurer, seeks a Senior Actuarial Manager to lead and expand the in-house actuarial function. You will deliver valuations, reporting, modelling and BI insights while supporting strategic objectives and stakeholder engagement.

The role emphasizes leadership, data integrity, regulatory liaison, and the continuous improvement of actuarial processes. Based at FEM’s Johannesburg head office with regional offices in Cape Town, Durban and Johannesburg.

Qualifikationen

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or related field.
• Fellow of a recognised actuarial institute (FASSA or equivalent).
• 5–8 years of relevant experience in the insurance industry.
• Experience in actuarial valuations, modelling, SAM and IFRS 17 reporting.
• Experience leading actuarial teams.

Aufgaben

• Oversee actuarial valuations and financial/regulatory reporting.
• Lead actuarial modelling, assumption setting and experience investigations.
• Provide actuarial insights, decision support and BI reporting.
• Manage and develop actuarial talent and data integrity.
• Contribute to strategic initiatives, risk management and business planning.

Ausbildung

Bachelor’s degree in Actuarial Science, Mathematics, Statistics or related discipline

Fellow of a recognised actuarial institute (FASSA or equivalent)

Tools

SQL

Python

SAS

VBA

Actuarial software

Data visualization tools

Jobbeschreibung

FEM is looking to appoint a Senior Actuarial Manager within the Actuarial division. The successful candidate will be responsible for managing, supporting and expanding the in-house actuarial function while ensuring the effective delivery of actuarial operations, reporting processes and strategic business objectives. The incumbent will work closely with the Chief Actuarial Executive and key stakeholders across the business to provide actuarial expertise, analytical insights and decision support to drive organisational performance.

Furthermore, the incumbent will oversee actuarial valuations, financial and regulatory reporting, actuarial modelling, experience investigations, assumption setting and business intelligence reporting. The role requires strong leadership capabilities to manage and develop actuarial talent, maintain the integrity of actuarial data and reporting, engage with regulatory bodies and auditors, and ensure the continuous enhancement of actuarial processes and systems. The successful candidate will also contribute to strategic initiatives, risk management activities, reinsurance processes and business planning to support FEM’s long-term objectives.

The minimum requirements for the position are a relevant bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related discipline, together with qualification as a Fellow of a recognised actuarial institute (FASSA or equivalent) and five to eight years’ relevant experience in the insurance industry, ideally post qualification. Candidates should have strong experience in actuarial valuations, actuarial modelling, SAM and IFRS 17 reporting, actuarial systems and team leadership. Experience within the COID environment will be advantageous. Knowledge of actuarial software, SQL, Python, SAS, VBA, analytics and data visualisation tools will also be advantageous.

The ideal candidate will demonstrate strong strategic and structured thinking, critical analysis, sound judgement, stakeholder engagement skills, commercial awareness, excellent communication abilities, attention to detail, professionalism and a commitment to continuous improvement. The ability to influence stakeholders, provide leadership and deliver high-quality actuarial outputs within regulated environments will be essential for success in this role.

We have offices regionally in Cape Town, Durban and Johannesburg. This position will be based at our Head Office in Johannesburg.

FEM offers the successful candidate a competitive total cost to company remuneration package and excellent benefits.

Applications may not be considered if the minimum criteria of the position are not met. People with disabilities are welcome to apply. FEM promotes the principles of Employment Equity, and any appointment is at FEM's sole discretion.