Senior ALM & Quantitative Risk Analyst

Old Mutual Limited; Johannesburg; On-site; ZAR 1,200,000 - 1,400,000; Full time

Job summary

Old Mutual Limited in Johannesburg is seeking an experienced ALM professional to lead asset and liability management efforts within Treasury & Financial Markets. The role emphasizes quantitative analytics, hedging strategy development and risk reporting across multiple stakeholders.

Ideal candidates hold a Masters or higher in finance/actuarial fields, with 6+ years in ALM or actuarial finance for insurance, and strong communication. Closing date 19 November 2026.

Qualifications

• Post-graduate degree in finance, actuarial or quantitative analytics.
• Professional qualifications (FASSA, FIA, CFA, CERA, FRM) advantageous.
• 6+ years ALM/actuarial finance experience in insurance, focus on asset-liability management.
• Experience in life insurance valuations/products and financial markets.
• Ability to work with light supervision.
• Strong communication skills to explain complex concepts.
• Ability to take accountability for complex tasks.
• Ability to manage 3–6 month projects and deliver results.
• Adaptable to changing work requirements.
• Pragmatic, solution-focused with risk/cost trade-offs.
• Broad skill set: actuarial, quantitative finance, regulations, commercial acumen.
• Experience collaborating with seniors, subordinates, consultants.
• Excellent input, buy-in and approvals management.

Responsibilities

• Drive ALM processes with accuracy and timely delivery.
• Develop tools for quantitative risk analysis and performance interpretation.
• Analyze quantitative financial data for risk decision making.
• Consolidate results for diverse stakeholders.
• Develop and monitor ALM hedging strategies.
• Assist with new product investments and risk management.
• Engage in ad-hoc strategic ALM projects.

Skills

Action Planning

Analytics Software

Budget Management

BI Analysis

Computer Literacy

Data Analysis

Data Compilation

Data Controls

Data Interpretations

Data Modeling

Evaluating Information

Numerical Aptitude

Report Review

Solution Analysis

Statistical Analysis Techniques

Education

NQF Level 9 – Masters

Job description

Old Mutual Limited in Johannesburg is seeking an experienced ALM professional to lead asset and liability management efforts within Treasury & Financial Markets. The role emphasizes quantitative analytics, hedging strategy development and risk reporting across multiple stakeholders.

Ideal candidates hold a Masters or higher in finance/actuarial fields, with 6+ years in ALM or actuarial finance for insurance, and strong communication. Closing date 19 November 2026.