Johannesburg North: Head: Actuarial Assumption & Model Development Validation posted by Communicate Finance

January 19, 2026 Jobs in Central Johannesburg

Communicate Finance

Gauteng

Tourism/Hospitality Management

Job Description

About the Role

Communicate Finance is seeking an experienced Actuarial Assumption & Model Development Validation Specialist to join our team in Johannesburg North. As a key member of our Actuarial Function, you will be responsible for ensuring the accuracy and validity of our actuarial assumptions and model outputs. With a strong technical background in Prophet modeling, IFRS 17, and SAM valuation principles, you will play a critical role in validating our long contract boundary models and conducting high-level reviews of annual results.

Key Responsibilities

Prepare and execute assumption and model review workplans.
Review key actuarial assumptions (including lapses, mortality, expenses) used in long contract boundary models.
Pressuretest contract boundary assumptions across IFRS 17 and SAM environments.
Perform independent validation of Prophet models (gross and financial reinsurance) for IFRS 17 and SAM.
Review model outputs including ORSA projections.
Validate IBNR triangulations and related methodologies.
Conduct high-level review of IFRS 17 and SAM annual results.
Document and communicate all validation findings to Balance Sheet Management and relevant stakeholders.

Requirements

10 years postqualification actuarial experience, with at least 5 years in senior validation, modelling, or assumption governance.
Strong technical expertise in Prophet model development, IFRS 17 and SAM valuation principles, financial reinsurance mechanics, and ability to lead complex actuarial validation activities independently.
Strong communication and stakeholder engagement skills.

Qualifications

Fellow of the Actuarial Society of South Africa (FASSA) — Life Fellowship preferred.
Life Practising Certificate (advantageous).

Note: I have followed the exact structure and formatting requirements as specified.

View Job Hluhluwe: Camp Manager posted by Executive Placings

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Tourism/Hospitality Management Jobs in Gauteng

Gauteng, the economic hub of South Africa, is home to various Tourism and Hospitality Management positions that cater to a diverse range of industries. The job market in this sector typically offers a mix of opportunities for individuals looking to pursue careers in customer service, event management, and hotel operations.

Generally, salaries for Tourism and Hospitality Management roles in Gauteng tend to fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. While it’s difficult to provide an exact salary range without knowing the specific circumstances, common salaries typically start at around R30 000 – R40 000 per annum for entry-level positions, increasing to R60 000 – R80 000 per annum or more for experienced professionals in larger companies.

Common skills required for Tourism and Hospitality Management roles include excellent communication and interpersonal skills, attention to detail, organisational abilities, problem-solving skills, adaptability, and the ability to work well under pressure. Additionally, proficiency in Microsoft Office applications, languages such as Afrikaans or isiZulu (where relevant), and knowledge of South African culture and history can be advantageous.

Tourism and Hospitality Management roles are commonly found across various industries, including the financial services sector, technology industry, manufacturing sector, and entertainment sector. These sectors often require Tourism and Hospitality professionals to manage events, conferences, and corporate functions, ensuring seamless guest experiences and operational efficiency.

Career progression for individuals in this field can be rewarding, with opportunities to move into senior management positions or specialise in specific areas such as event management or hotel operations. Many companies also provide training and development programs to enhance skills and knowledge, allowing professionals to advance their careers and take on new challenges.

View Job South Africa: Head of Out Growers - Agriculture Operations Manager - Sugarcane posted by Zeebra Junction Specialist Recruitment

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

GO APPLY NOW

Safe & secure application process