Senior Insurance Actuary - Sandton

Placements24; Sandton; Vor Ort; ZAR 1.800.000 - 3.200.000; Vollzeit

Benefits dieser Stelle

Competitive salary

Medical aid

Retirement fund

Professional growth

Strategic exposure

Sandton office

Zusammenfassung

Placements24 invites a Senior Insurance Actuary in Sandton, Gauteng to lead complex actuarial modelling, pricing, reserving and capital management for our client in the SA market.

The role requires a fully qualified actuary with 8+ years of SA insurance experience, and proficiency in Prophet, R, Python and Excel; in-office role from Sandton.

You will shape strategic decisions, mentor juniors, and collaborate with finance, risk and underwriting to drive profitability.

Qualifikationen

• Fully qualified actuary with SA market experience
• 8+ years actuarial experience in insurance
• Proficient in Prophet, R, Python and Excel
• Strong communication and leadership skills

Aufgaben

• Develop pricing, reserving, and capital management models
• Analyze financial data to assess risk and forecast outcomes
• Set pricing for insurance products to ensure profitability
• Perform reserving calculations and IFRS 17 compliance
• Mentor junior actuarial staff and collaborate with departments

Kenntnisse

Actuarial expertise

Leadership

Analytical thinking

Communication

Ausbildung

Fellow of the Actuarial Society of South Africa (FASSA) or equivalent

Tools

Prophet

R

Python

Excel

Jobbeschreibung

About the Role

Our client, a leading insurance provider, is seeking a highly accomplished Senior Insurance Actuary to join their esteemed team in Sandton, Gauteng. This is a critical, in-office role requiring advanced actuarial expertise to drive strategic decision-making, risk assessment, and financial forecasting. You will be responsible for complex actuarial modeling, pricing, reserving, and capital management functions, ensuring the financial soundness and profitability of the company's insurance products. The ideal candidate will be a fully qualified actuary with extensive experience in the South African insurance market, possessing exceptional analytical, quantitative, and leadership skills. This role offers the opportunity to make a significant impact on the company's strategic direction and financial performance.

Key Responsibilities

• Develop, implement, and maintain sophisticated actuarial models for pricing, reserving, and capital management.
• Conduct thorough analysis of financial data to assess risk, identify trends, and forecast future outcomes.
• Set pricing for new and existing insurance products, ensuring profitability and competitiveness.
• Perform reserving calculations and ensure compliance with regulatory requirements (e.g., IFRS 17).
• Contribute to asset-liability management (ALM) strategies.
• Provide actuarial insights and recommendations to senior management and various business units.
• Mentor and guide junior actuarial staff.
• Stay abreast of changes in regulations, accounting standards, and industry best practices.
• Collaborate with other departments, including finance, risk, and underwriting, to support business objectives.
• Present complex actuarial findings in a clear and concise manner to both technical and non-technical audiences.

Requirements

• Fully qualified actuary (Fellow of the Actuarial Society of South Africa or equivalent international designation).
• Minimum of 8 years of relevant actuarial experience within the insurance industry, preferably in South Africa.
• Deep understanding of actuarial principles, statistical modeling, and financial mathematics.
• Expertise in life insurance, short-term insurance, or a related field.
• Proficiency in actuarial software (e.g., Prophet, R, Python) and advanced Excel.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication, presentation, and leadership abilities.
• Proven ability to manage complex projects and deliver results under pressure.
• Must be able to work full-time from our Sandton, Gauteng office.
• Integrity and a strong ethical compass.

Benefits

• Highly competitive salary and comprehensive bonus package.
• Excellent medical aid, retirement fund, and risk benefit provisions.
• Significant opportunities for professional growth and influence within the company.
• Exposure to high-level strategic decision-making.
• Prime office location in Sandton with modern facilities.
• Support for continuous professional development.
• Stimulating and challenging work environment.