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Johannesburg: Actuarial Analyst

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Job Description

Actuarial & Technical Responsibilities: Perform reserving calculations and regulatory capital reporting for Guardrisk Life Limited Maintain allocated cell client models for IFRS 4 and IFRS 17 reserves Maintain allocated client models for SAM SCR and Technical Provisions Participate in the ORSA process for allocated clients Assist with capital management and regulatory compliance Client & Stakeholder Engagement: Engage directly with clients on balance sheet management matters Assist in regulatory return preparation and respond to regulatory queries Engage with internal and external stakeholders on accountable areas Projects, Systems & Process Improvement: Contribute to BSM Life software development and process automation initiatives Support IFRS 17 implementation as part of a multi-disciplinary project team Exposure primarily to South African clients, with involvement in Mauritian life operations Skills & Experience: Strong analytical and numerical skills Knowledge of life insurance reserving and capital frameworks IFRS 4, IFRS 17, SAM and ORSA exposure Stakeholder and client communication skills Attention to detail and strong problem-solving ability Ability to work collaboratively within cross-functional teams Qualifications: Bachelors Degree in Actuarial Science (Required) Newly qualified actuary or making strong progress toward Fellowship Minimum 36 years actuarial experience, preferably within life insurance Contact Kayla Reddy:

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About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

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When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.

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



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