Job Description
About the Role
A leading Insurance Company is seeking an Actuarial Systems Specialist to join their team based in Johannesburg. The successful candidate will be responsible for ensuring the accuracy and reliability of both the products and systems from an actuarial perspective.
Key Responsibilities
- Provide professional input and support to the Group.
- Support model development and analysis across a number of actuarial initiatives that impact functions such as liability and capital valuations, embedded value and business planning.
- Modify data processes (DCS or SQL) to maintain system integrations with model changes.
- Oversee and control the systems environment.
- Enhancement of control environment.
- Give Valuation system support to various stakeholders.
- Development and testing of new products in the Actuarial system.
Requirements
- Performance Management
- Ability to gather a wide range of information, filter and then use in making sound and balanced decisions.
- Deep knowledge and experience systems thinking.
- High levels of energy, drive, creativity, and commitment.
- Attention to detail.
- Ability to work on a wide range of deliverables at once.
- People Management
- Strong Communication Skills
- Conflict Management
- Experience designing and managing databases highly advantageous.
Qualifications
- Bachelor’s degree in Actuarial Sciences (Essential)
Salary & Benefits
Not mentioned in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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