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South Africa: Director – Actuarial Services

Director – Actuarial Services

Posted on 2025-02-08

Location

Job Summary

Our client, a leading Pan-African Bank in Kenya, is seeking an experienced and strategic Director of Actuarial Services to lead their actuarial function. The successful candidate will be responsible for overseeing actuarial strategies, driving data-driven decision-making, and ensuring compliance with regulatory and financial reporting requirements. This is an exciting opportunity to shape business strategies, influence key financial decisions, and provide leadership in 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 risks, 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 the accurate valuation of liabilities and ensure the 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???

Director – Actuarial Services position available in ZA, South Africa. This job position was posted by . The job has been posted on 2025-02-08 in the Accounting Finance category

Click Go Apply to apply online!

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South Africa: Director – Actuarial Services

Director – Actuarial Services

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Posted in Jobs in South Africa, Jobs in ZA

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South Africa: Director – Actuarial Services

Director – Actuarial Services

Posted on 2025-02-02

Location

Job Summary

What Youll Drive: â? Develop and execute actuarial strategies aligned with business goals. â? Oversee pricing, reserving, and risk management models to optimize profitability. â? Ensure full compliance with IFRS, Solvency II, and local regulations. â? Provide leadership with expert insights on financial risks and market trends. â? Build and mentor a high-performing actuarial team. Your Profile: â??️ Bachelors in Actuarial Science, Mathematics, or related field (Masters preferred). â??️ Fellow or Associate of a recognized actuarial body. â??️ 10 years actuarial experience, including 5 years in leadership. â??️ Strong expertise in actuarial modeling tools (Prophet, Python, SAS). â??️ Exceptional strategic, analytical, and leadership abilities. Why Join? ð??? Lead innovation in a major financial institution. ð?? Work in a high-growth, dynamic environment with top industry professionals. ð??? Influence key business decisions and drive meaningful change. ð??© Apply Now Send your CV to

Director – Actuarial Services position available in ZA, South Africa. This job position was posted by . The job has been posted on 2025-02-02 in the Accounting Finance category

Click Go Apply to apply online!


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South Africa: Director – Actuarial Services

Director – Actuarial Services

Posted on 2025-01-23

Location

Job Summary

Our client, a leading Pan-African Bank in Kenya, is seeking an experienced and strategic Director of Actuarial Services to lead their actuarial function. The successful candidate will be responsible for overseeing actuarial strategies, driving data-driven decision-making, and ensuring compliance with regulatory and financial reporting requirements. This is an exciting opportunity to shape business strategies, influence key financial decisions, and provide leadership in 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 Have: 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 modeling 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???

Director – Actuarial Services position available in ZA, South Africa. This job position was posted by . The job has been posted on 2025-01-23 in the Accounting Finance category

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