Senior Actuary: AI-Driven Risk & Valuation Leader

Absa Group; Johannesburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Restaurant discounts

Health and wellness programs

Job summary

Absa Group, a leading African financial services group, seeks a Senior Corporate Actuary to drive experience investigations, assumption setting, and risk management. You will lead complex actuarial valuation work, mentor actuarial students, and collaborate with executives to deliver strategic insights.

Experience with ML/AI capabilities will be advantageous. The role emphasizes robust controls across the insurance value chain, cross-functional collaboration, and the development of advanced

Qualifications

• Bachelor's Degree: Actuarial Science (Required)
• Qualified Fellow Actuary
• 7+ years’ experience in corporate actuarial life office valuations
• Experience with machine learning and AI is beneficial

Responsibilities

• Drive delivery of experience investigations and assumption setting, including 1st line quality assurance
• Drive improvements in investigation techniques including statistical tests and data quality
• Drive implementation of modern tools and AI capabilities where appropriate
• Research macro environment and international trends relevant to risk
• Develop robust management information for business actions
• Collaborate with and deliver requirements for senior stakeholders including CFOs and Exco

Skills

Statistical analysis

Machine learning

Data quality

Team leadership

Education

Bachelor's Degree: Actuarial Science

Qualified Fellow Actuary

Tools

Statistical software

AI capabilities

Job description

Absa Group, a leading African financial services group, seeks a Senior Corporate Actuary to drive experience investigations, assumption setting, and risk management. You will lead complex actuarial valuation work, mentor actuarial students, and collaborate with executives to deliver strategic insights.

Experience with ML/AI capabilities will be advantageous. The role emphasizes robust controls across the insurance value chain, cross-functional collaboration, and the development of advanced