Short-Term Actuarial Manager

Network Recruitment; Midrand; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading consulting firm in Midrand is seeking an experienced Actuarial Manager to lead a high-performing team in short-term insurance. You will drive insights and innovation while overseeing the development of actuarial models. The ideal candidate has at least 3 years of actuarial experience in Short-Term Insurance and is either qualified or working towards qualification as an Actuary. This position offers an opportunity to shape the future of the actuarial practice while ensuring regulatory compliance and business growth.

Qualifications

• 3+ years' actuarial experience in Short-Term Insurance.
• 1+ years' experience leading teams or managing resources.
• Progress toward or qualified Actuary.

Responsibilities

• Translate business needs into actuarial models and insights.
• Lead and mentor a team of Actuarial Analysts.
• Collaborate with internal and external stakeholders.
• Develop, implement, and monitor actuarial models.
• Oversee pricing changes and perform sensitivity analyses.
• Drive innovation and process improvements.
• Prepare and present reporting and analytics.
• Ensure compliance with regulatory requirements.

Skills

Strong technical and analytical ability

Modelling expertise

Data management

Stakeholder engagement

Advanced Microsoft Office

Actuarial/statistical software

Education

Bachelors / Honours degree in Actuarial Science

Job description

Actuarial Manager – Non-Life Insurance | Consulting Environment | Johannesburg

Ready to take the next step in your actuarial career? We’re looking for an Actuarial Manager to lead a high-performing team in short-term insurance, driving insights, innovation, and impactful business solutions.

Join a market-leading financial services group that’s home to some of South Africa’s most trusted insurance brands. With a reputation for customer-focused innovation and service excellence, this is a company that thrives on technology, collaboration, and pushing boundaries.

As the Actuarial Manager, you’ll oversee a team of analysts within the Short-Term Insurance (STI) Actuarial division. You’ll play a critical role in modelling, monitoring, and refining actuarial solutions that directly support business growth and profitability.

Key Responsibilities

• Translate business needs into actuarial models and insights that drive strategy.
• Lead and mentor a team of Actuarial Analysts, building technical and professional capability.
• Collaborate with internal and external stakeholders, delivering clear and impactful insights.
• Develop, implement, and monitor actuarial models and ensure they remain fit for purpose.
• Oversee pricing changes and perform sensitivity analyses to guide profitability and policy growth.
• Drive innovation, process improvements, and efficiencies across actuarial practices.
• Prepare and present reporting and analytics that influence executive-level decision‑making.
• Ensure compliance with regulatory requirements and actuarial standards.

Job Experience and Skills Required

• Education: Bachelors / Honours degree in Actuarial Science. Progress toward or qualified Actuary.
• Experience: 3+ years’ actuarial experience in Short-Term Insurance.
• Management: 1+ years’ experience leading teams or managing resources.
• Skills: Strong technical and analytical ability, modelling expertise, data management, stakeholder engagement, and advanced Microsoft Office & actuarial/statistical software.

Apply now!