Senior Actuarial Modernization Engineer – Hybrid Role

Old Mutual Limited; Johannesburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Job summary

Old Mutual Limited is seeking an experienced Senior Financial Software Engineer to lead the actuarial modernization initiative. The role spans Actuarial, IT, and Data to simplify modelling, valuation and reporting through automation and scalable data solutions.

You will shape the future of actuarial processes in financial services by delivering modern, maintainable solutions, driving governance, and partnering with data and enterprise teams across the group.

Qualifications

• Experience as a Situated Software Engineer converting expert technical requirements into enterprise-grade software solutions.
• Experience managing Group IT requirements as a Situated IT Software Engineer (advantageous if in Old Mutual).
• Financial services experience, with a preference for life company experience.
• 6+ years of experience in relevant roles.

Responsibilities

• Lead the reimagination of actuarial reporting value chain and build a sustainable, future-fit actuarial environment.
• Develop and execute the actuarial modernisation roadmap aligned to business and actuarial strategy.
• Influence modernisation priorities through engagement with senior management and governance forums.
• Identify opportunities to simplify and optimise actuarial modelling, valuation and reporting processes.
• Lead initiatives that reduce operational complexity, manual intervention and risk across actuarial processes.
• Test and develop modern actuarial technologies, platforms and automation capabilities.
• Champion best practice architecture, reusability and standardisation.
• Partner with enterprise data teams to align actuarial solutions with broader data strategy.
• Drive integration between actuarial models, data platforms and reporting environments.
• Ensure embedment of new solutions via training and knowledge share with production teams.

Skills

Situated Software Engineer

Enterprise software

Analytics Software

Budget Management

Business Intelligence (BI) Analysis

Data Analysis

Data Compilation

Data Controls

Data Interpretations

Data Modeling

Numerical Aptitude

Report Review

Solution Analysis

Statistical Analysis Techniques

Education

Masters (NQF Level 9)

Job description

Old Mutual Limited is seeking an experienced Senior Financial Software Engineer to lead the actuarial modernization initiative. The role spans Actuarial, IT, and Data to simplify modelling, valuation and reporting through automation and scalable data solutions.

You will shape the future of actuarial processes in financial services by delivering modern, maintainable solutions, driving governance, and partnering with data and enterprise teams across the group.