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Johannesburg North: Reporting Actuary (Life) posted by Network Finance

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Job Description

About the Role

Network Finance is seeking a highly skilled and experienced Reporting Actuary (Life) to join our team in Johannesburg North. The successful candidate will be responsible for performing actuarial reporting under IFRS 9 and IFRS 17, ensuring accuracy and compliance. They will also collaborate with international teams to align methodology, reporting standards, and best practice processes.

Key Responsibilities

  • Perform actuarial reporting under IFRS 9 and IFRS 17, ensuring accuracy and compliance.
  • Conduct assumption setting, assumption reviews, and detailed actuarial calculations.
  • Build, refine, and maintain actuarial models used for reporting, reserving, and forecasting.
  • Calculate life insurance reserving figures and support regulatory and financial submissions.
  • Collaborate with international teams to align methodology, reporting standards, and best practice processes.
  • Provide technical insights, analysis, and commentary to senior actuarial stakeholders.

Requirements

  • Nearly qualified actuary with 7–8 actuarial exams completed.
  • 4 years’ actuarial experience, preferably in life insurance reporting, valuation, or reserving.
  • Experience in IFRS 9, IFRS 17, and life actuarial reporting cycles.
  • International exposure strongly advantageous.

Qualifications

  • Formal education/certifications: None mentioned.

Salary & Benefits

  • Salary not specified.

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.

View Job  Midrand: Senior Financial Accountant

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.

View Job  Pretoria: Sales Representative posted by Staff Solutions

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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