Job Description
The role offers exposure across statutory reporting, forecasting, and actuarial investigations while working closely with Finance, Risk, and broader business stakeholders.
Responsibilities:
- Perform monthly and quarterly actuarial valuations
- Support IFRS 17 reporting and related calculations
- Assist with statutory and embedded value reporting
- Conduct reserving and liability calculations
- Perform experience investigations and forecasting analysis
- Develop, maintain, and improve actuarial models and reporting tools
- Extract, analyse, and validate data using SQL
- Prepare reports for regulatory and internal stakeholders
- Collaborate with Finance, Risk, and Product teams on reporting requirements
- Ensure compliance with actuarial governance and reporting standards
Job Experience and Skills Required:
- Education:
- Actuarial Degree
- Experience:
- Minimum 4 years’ actuarial experience within life insurance
- Strong valuations experience
- IFRS 17 reporting exposure essential
- Experience within financial reporting and reserving
- Progress toward actuarial qualification advantageous
- Skills:
- Minimum 8 actuarial exams completed
- Strong SQL experience
- Excellent analytical and problem-solving ability
- Strong communication and stakeholder engagement skills
- Ability to work independently and within a collaborative team
For more exciting Actuarial and Analytics vacancies, please visit:
Network Recruitment International – Finance Jobs
I also specialise in recruiting in the following:
- Actuarial: Life, Short-Term, Health, Pensions, and Quantitative
- Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)
- Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts
- Pricing: Specialists in Insurance and Financial Products
- AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists
- Quantitative: Experts across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
For more information, contact:
Zahrah Gani
Specialist Recruitment Consultant
? Connect with me on LinkedIn
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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