Johannesburg North: Head of Actuarial posted by Network Finance
Posted on 2025-07-27 00:00:00
| Employer | Network Finance |
|---|---|
| Category | Other IT/Computer |
| Location | Gauteng / Johannesburg North |
Job Summary
Key Responsibilities:
- Lead actuarial modelling for SAM-compliant technical provisions and capital models.
- Oversee Prophet model development, maintenance, and enhancements for life insurance clients.
- Deliver quantitative projections for annual ORSA and regular SCR analysis.
- Engage with auditors and prepare internal and external capital reporting.
- Develop financial insights for product development and reinsurance structuring.
- Drive automation of capital modelling infrastructure and consistent processes across the business.
- Collaborate with internal and external stakeholders to manage and align client needs.
- Lead, mentor, and develop an actuarial team to foster a culture of learning and continuous improvement.
Requirements:
- Fellow or Associate Actuary specializing in Life (fully qualified actuary preferred).
- Minimum 6 years of relevant work experience, with at least 3 years in a management role.
- Advanced understanding of SCR components of a Life insurer under Prudential Standards.
- Strong knowledge of Insurance Act, Prudential Standards, and IFRS17.
- Expertise in discounted cash flow models, reserving methods, and Prophet coding and model development.
- Cell captive experience will be an advantage.
Why consider this role?
You will play a key role in ensuring financial stability while driving actuarial best practices and mentoring a skilled team, within an environment that supports innovation and robust technical delivery.
How to Apply:
If you meet the above requirements, please send your resume DIRECTLY to: *****@*****.co.za
For more finance jobs, please visit our website: www.********.co.za
If there is no reply within two weeks, please assume that your application for the vacancy was unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
We also invite you to reach out to us to discuss your next finance career opportunity!
Click Go Apply to apply online!
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