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Johannesburg: Reporting Actuary Life

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Job Description

About the Role

We are seeking an experienced Reporting Actuary to join our team in Johannesburg, responsible for ensuring accuracy and compliance in actuarial reporting under IFRS 9 and IFRS 17. The successful candidate will have a strong background in life insurance reporting, valuation, or reserving, with international exposure being advantageous.

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

  • Education: Nearly qualified actuary with 78 actuarial exams completed.
  • Experience: 4 years actuarial experience, preferably in life insurance reporting, valuation, or reserving.
  • Experience in IFRS 9, IFRS 17, and life actuarial reporting cycles.

Qualifications

  • Formal education/certifications not specified.

Salary & Benefits

  • Salary details not specified.

How to Apply

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

About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

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When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.

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



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