Sandton: Actuarial Executive – General Insurance posted by Omega HR Solutions

I am recruiting on behalf of a specialist actuarial advisory environment for an Actuarial Executive with deep General Insurance expertise. This role is suited to a technically strong actuary who enjoys complex modelling, client-facing work, and shaping actuarial outcomes at a strategic level.

Role Overview

You will deliver high-impact actuarial services across reserving, pricing, capital modelling, and IFRS 17, while providing insight-driven advice to General Insurance clients and supporting senior leadership on complex engagements.

Key Responsibilities

• Manage actuarial projects across short-term insurance, including reserving, pricing, and capital modelling.

• Review technical provisions including IBNR, UPR, AURR, and stochastic risk adjustment calculations using R/Python.

• Support and review IFRS 17 implementation and reporting for General Insurance clients.

• Provide HAF support and technical input.

• Perform capital modelling, including economic capital model reviews, challenger model development, and quantitative validation under SAM/RBC.

• Conduct reinsurance reviews and stochastic optimisation, including geospatial modelling.

• Support product pricing and design using GLMs, GAMs, and advanced statistical techniques.

• Build projection models for ORSA, FCR, and business planning.

• Produce high-quality actuarial reports with clear commercial insight and value-add.

• Perform market studies and actuarial research.

• Maintain and strengthen long-term client relationships.

• Support Associate Directors on delivery and technical oversight.

Requirements

• Bachelors Degree in Actuarial Science, Statistics, Mathematics, or similar.

• Qualified or near-qualified Actuary.

• Minimum 7 years experience in General Insurance actuarial work (pricing, reserving, or capital modelling).

• Strong experience with SAM, ORSA, solvency calculations, and valuations.

• Advanced proficiency in R; Python experience advantageous.

• Experience managing projects and mentoring others is beneficial.

• Strong analytical judgement, client focus, and commercial awareness.