Senior Financial Software Engineer (Actuarial Modernization Lead)

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

## Senior Financial Software Engineer (Actuarial Modernization Lead)Apply: Hybrid: Johannesburg: Pinelands: Full time: Posted Today: JR-85288**Let's Write Africa's Story Together!**Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.**Job Description**Old Mutual Corporate is currently looking for an experienced professional to help drive the modernisation of our actuarial environment. You’ll work across Actuarial, IT and Data to simplify modelling, valuation and reporting processes by leveraging automation, modern technology and scalable data solutions. This role is ideal for someone who enjoys translating complex business challenges into practical technology solutions and wants to play a key role in shaping the future of actuarial processes within financial services.# **Responsibilities:*** Lead the reimagination of our 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 actuarial 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* Liaise with stakeholders across the group as well as external parties to source solutions and develop best practice methodology**Key Result Areas / Outputs:*** Reduction in actuarial reporting cycle times.* Increased automation of valuation and reporting processes.* Simplified and standardised reporting architecture.* Enhanced process governance and auditability.* Measurable reduction in key-person dependencies.* Implementation of scalable actuarial data and reporting solutions* Translate business problems into practical, scalable, and maintainable technical solutions.* Own solutions from concept and requirements through to development, testing, implementation, and support.* Continuously improve operational processes, automation solutions, and processing infrastructure.**Minimum Qualifications, Skills and Experience required:****Skills and Experience*** Experience as a Situated Software Engineer, converting expert technical requirements into enterprise grade software solutions* Experience with managing Group IT requirements as a Situated IT Software Engineer. Additional benefit if this experience is in Old Mutual* Financial services experience, with a preference for life company experience* 6+ years of experience**Qualifications*** Relevant degrees, including actuarial, engineering, computer science or similar. Post graduate quantitative finance qualification will be a strong advantagen/**Skills**Action Planning, Analytics Software, Budget Management, Business Intelligence (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**Competencies**Business Insight### ### Cultivates Innovation### ### Manages Complexity### ### Optimizes Work Processes### ### Situational Adaptability### ### Strategic Mindset### ### ### ### **Education**NQF Level 9 – Masters**Closing Date**19 November 2026 , 23:59***The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.***