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Johannesburg: Actuarial Manager posted by The Recruitment Council

Johannesburg: Actuarial Manager posted by The Recruitment Council

Posted on 2025-05-01 00:00:00

Employer The Recruitment Council
Category Other Professions
Location Gauteng  / Johannesburg

Job Summary

Actuarial Manager A leading financial services company is seeking an experienced Actuarial Manager to join their team. The ideal candidate will be responsible for managing a team of Actuarial Analysts within the Short-Term Insurance (STI) Actuarial team, driving business objectives through the development and monitoring of actuarial solutions that support business growth. Key Responsibilities: Business Requirements: Analyzing business needs and identifying root causes, documenting clear business requirements, and developing solutions to meet organizational goals. Team Leadership: Providing mentorship and coaching to team members, fostering skill development, promoting process automation, and enhancing team performance through collaboration. Stakeholder Engagement: Engaging with both internal and external stakeholders, delivering clear and concise feedback, and ensuring effective communication on project progress. Data Collection & Analysis: Collecting, verifying, and analyzing data from various sources to ensure completeness and accuracy for actuarial modeling. Actuarial Modeling: Leading the development, implementation, and monitoring of actuarial models to ensure they align with business objectives and are fit for purpose. Model Deployment and Testing: Managing the deployment and testing of actuarial models, conducting impact and sensitivity analysis to assess pricing strategies and profitability. Insights & Reporting: Preparing and presenting data-driven reports, providing valuable insights, and offering actionable recommendations to stakeholders. Innovation & Improvement: Identifying areas for improvement in business practices, staying up to date with actuarial techniques, and promoting continuous development within the team. Performance Management: Setting and tracking team performance objectives, ensuring alignment with business goals, and managing performance to meet targets. Compliance: Ensuring adherence to policies, regulatory standards, and maintaining integrity and professionalism within the team. Qualifications & Experience: Education: A Bachelor”s or Honours degree in Actuarial Science or a related field. Experience: Minimum of 3 years of actuarial experience in the Short-Term Insurance sector, with at least 1 year of managerial experience. Skills: Advanced actuarial modeling, data analysis, and financial software skills. Strong leadership abilities and experience managing teams. Excellent communication and stakeholder management skills. This is a fantastic opportunity for a qualified Actuarial Manager looking to take on a leadership role and make a significant impact within a leading financial services organization. If you are ready to drive innovation and lead a high-performing team, this could be the role for you!

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