Cape Town City Centre: Reserving Actuary

January 3, 2026 Jobs in Cape Peninsula

Job Description

The business is known for its technical depth, actuarial expertise, and long-standing industry reputation. It maintains a collaborative environment where specialist teams work closely with international counterparts, contributing to high-quality analytical insights, robust financial reporting, and the development of advanced risk and valuation frameworks. Key Responsibilities: Supporting the delivery of quarterly and annual financial results across multiple reporting frameworks, including international accounting and regulatory standards. Contributing to statutory submissions under local risk-based capital regimes. Liaising with internal stakeholders and External Auditors during the audit cycle. Assisting with the ongoing enhancement of systems and models aligned to new accounting standards. Interrogating data and valuation outputs to provide insight into business performance. Developing and refining analytical tools to support management and compliance reporting. Producing timely management information and monitoring key business metrics. Partnering on cross-border projects involving new accounting standards, data architecture and related actuarial initiatives. Driving automation and improvements across models and internal processes. Reviewing valuation datasets for experience investigations and assumption development Job Experience and Skills Required: Education: Degree in Actuarial Science, Actuarial Mathematics, Statistics, or a related quantitative field Nearly or newly qualified Actuary Experience: Approximately 36 years experience in an actuarial, reserving, or financial reporting environment Exposure to reporting frameworks such as IFRS, US GAAP, or local regulatory capital regimes Experience working with large datasets and actuarial/statistical modelling Prior involvement in system enhancements, automation, or process improvement is advantageous Skills: Strong numerical, analytical, and problem-solving ability Proficiency in MS Office; SQL or database experience beneficial Competence in programming tools such as R or Python Actuarial modelling capability; experience with actuarial software is a plus Excellent communication and interpersonal skills Ability to work independently and manage deadlines Collaborative team player comfortable engaging with stakeholders at various levels Apply now! For more exciting Actuarial and Analytics vacancies, please visit:

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About Accounting / Finance Jobs in Cape Town Region

In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.

Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.

Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.

The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.

For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.

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This information provides general career guidance. Actual salaries and requirements vary by employer.

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