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South Africa: Director Of Actuarial Services

Director Of Actuarial Services

Posted on 2025-01-30

Location

Job Summary

Calling all actuarial trailblazers A leading Pan-African Bank in Kenya is searching for a visionary Director of Actuarial Services to lead strategy, drive innovation, and revolutionize non-life insurance products. What Youll Do: Lead actuarial strategies aligned with business goals. Drive innovation in non-life product pricing and profitability. Ensure compliance with regulations like IFRS and Solvency II. Develop cutting-edge actuarial models for pricing, reserving, and risk. Mentor a team of actuarial professionals to deliver excellence. Who You Are: Fellowship/Associate of a recognized actuarial body (FIA, FSA, ASA). 10 years of actuarial experience with a focus on non-life insurance and 5 years in leadership . Proficient in tools like Prophet, SAS, R, or Python. A strategic thinker with a proven track record of delivering impact. Why Join Us?: Lead transformative projects. Collaborate with top talent across Africa. Shape the future of actuarial services in a thriving market. â?¨ This is your chance to make an impact â?¨ How to Apply: If you meet the above requirements, please send your resume DIRECTLY

Director Of Actuarial Services position available in ZA, South Africa. This job position was posted by . The job has been posted on 2025-01-30 in the Accounting Finance category

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Posted in Jobs in South Africa, Jobs in ZA

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South Africa: Director Of Actuarial Services

Director Of Actuarial Services

Posted on 2025-01-23

Location

Job Summary

We are partnering with a prominent Pan-African Bank based in Kenya to identify a visionary and experienced Director of Actuarial Services to spearhead their actuarial function. In this pivotal role, the successful candidate will lead the development and implementation of actuarial strategies, champion data-driven decision-making, and ensure adherence to regulatory and financial reporting standards. This opportunity offers a unique chance to shape business strategies, influence critical financial decisions, and provide leadership in areas such as risk assessment, pricing, and profitability analysis. What Youll Be Driving: Strategic Leadership: Develop and execute actuarial strategies aligned with the organization`s business objectives. Provide expert insights to senior management on risk, pricing, and profitability. Lead actuarial input in strategic planning, mergers & acquisitions, and business expansion initiatives. Actuarial Modeling & Analysis: Oversee the development and enhancement of actuarial models for pricing, reserving, and risk management. Monitor financial risks, loss ratios, and market trends to inform business strategies. Conduct scenario testing, sensitivity analysis, and capital modeling. Risk Management & Compliance: Ensure adherence to industry regulations and standards (e.g., IFRS, Solvency II, local regulatory requirements). Collaborate with regulatory bodies and auditors to ensure compliance and reporting accuracy. Establish sound actuarial controls and governance frameworks. Product Development & Pricing: Lead the design and pricing of insurance products to optimize profitability and competitiveness. Collaborate with product, underwriting, and marketing teams to drive innovation and market penetration. Provide actuarial insights into product performance and customer value propositions. Financial Reporting & Valuation: Oversee the preparation of actuarial reports and financial statements. Drive accurate valuation of liabilities and ensure effective management of reserves. Support financial planning, budgeting, and forecasting processes. Team Leadership & Development: Manage and mentor a team of actuarial professionals, fostering a culture of excellence and continuous learning. Develop talent pipelines and provide guidance on professional actuarial qualifications. Collaborate cross-functionally to enhance overall business acumen within the organization. Who You Are & What You Bring: Bachelor`s Degree in Actuarial Science, Mathematics, Statistics, or a related field; a Masters Degree is an advantage. Fellowship or Associate membership of a recognized actuarial body (e.g., FIA, FSA, ASA). Minimum of 10 years of actuarial experience , with at least 5 years in a leadership role within insurance, reinsurance, or financial services. Strong expertise in actuarial modelling tools and software (e.g., Prophet, SAS, R, Python). In-depth knowledge of regulatory frameworks, risk management principles, and financial reporting standards. Excellent leadership, communication, and stakeholder management skills. Proven track record in leading complex actuarial projects and driving business impact. Why This Role Rocks: This is your chance to be at the forefront of shaping the future of banking within Africa Collaborate with a global team, influence strategic decisions, and leave an indelible impact. Ready to challenge conventions and redefine whats possible? Apply now and join a culture where innovation knows no bounds ð???

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Director Of Actuarial Services

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Posted in Jobs in South Africa, Jobs in ZA

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