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Johannesburg North: Head of Actuarial posted by Network Finance

Johannesburg North: Head of Actuarial posted by Network Finance

Posted on 2025-06-28 00:00:00

Job Summary

An opportunity to lead an actuarial team responsible for analytical analysis and capital modelling to ensure financial stability and lead SAM-compliant technical provisions modelling within a dynamic life insurance environment.

Key Responsibilities:

  • Lead actuarial modelling for SAM-compliant technical provisions and capital models.
  • Oversee Prophet model development, maintenance, and enhancements for life insurance clients.
  • Deliver quantitative projections for annual ORSA and regular SCR analysis.
  • Engage with auditors and prepare internal and external capital reporting.
  • Develop financial insights for product development and reinsurance structuring.
  • Drive automation of capital modelling infrastructure and consistent processes across the business.
  • Collaborate with internal and external stakeholders to manage and align client needs.
  • Lead, mentor, and develop an actuarial team to foster a culture of learning and continuous improvement.

Requirements:

  • Fellow or Associate Actuary specializing in Life (fully qualified actuary preferred).
  • Minimum 6 years of relevant work experience, with at least 3 years in a management role.
  • Advanced understanding of SCR components of a Life insurer under Prudential Standards.
  • Strong knowledge of Insurance Act, Prudential Standards, and IFRS17.
  • Expertise in discounted cash flow models, reserving methods, and Prophet coding and model development.
  • Cell captive experience will be an advantage.

Why consider this role?

You will play a key role in ensuring financial stability while driving actuarial best practices and mentoring a skilled team within an environment that supports innovation and robust technical delivery.

How to Apply:
If you meet the above requirements, please send your resume DIRECTLY to: *****@*****.co.za

For more finance jobs, please visit our website: www.********.co.za
If there is no reply within two weeks, please assume that your application for the vacancy was unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
We also invite you to reach out to us to discuss your next finance career opportunity!

View Job  Cape Town: Business Development Manager posted by Goldman Tech

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