Job Description
A leading international organization is looking for a Life Actuary – Reporting to join their actuarial reporting team. The role includes endtoend IFRS 9 & IFRS 17 reporting, assumption reviews, and model development.
Key Responsibilities:
- Produce actuarial reporting under IFRS 9 & IFRS 17
- Conduct assumption setting and actuarial calculations
- Build and maintain valuation and reserving models
- Support reserving, valuations, and regulatory submissions
- Collaborate with international teams on methodology and standards
- Provide actuarial insights and commentary to senior stakeholders
Job Experience and Skills Required
Education:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field
- Honours degree in Actuarial Science (or equivalent NQF 8) strongly preferred
- Nearly qualified actuary with 7–8 completed actuarial exams (ASSA/IFoA/SOA)
- Strong academic grounding in actuarial modelling, financial mathematics, and statistical methods
Experience:
- 4+ years actuarial experience in life reporting, valuation, or reserving
- Exposure to IFRS 9 & IFRS 17
- International experience beneficial
Technical Skills:
- Strong modelling ability (R, Python, Prophet, SQL, Excel/VBA)
- Understanding of actuarial methodologies and reserving frameworks
Soft Skills:
- Strong analytical capability and problemsolving skills
- Able to communicate complex concepts clearly
- Comfortable working under pressure and within tight deadlines
Apply now!
For more exciting Finance vacancies, please visit:
.za
I also specialize in recruiting:
- Actuarial (Life, ShortTerm, Pensions, Health, Quant)
- Data Science & Analytics
- Risk (Credit, Market, Model, Operational)
- Pricing (Insurance & Financial Products)
- Machine Learning & AI Specialists
- Quantitative roles in Banking, Insurance & FinTech
If you have not received a response within two weeks, please consider your application unsuccessful. Your profile will be kept on our database for future opportunities.
For more information, contact:
Kholo Mongalo
Recruitment Researcher – Actuarial & Analytics
Connect with me on LinkedIn:
.za
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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