Date | 2025-01-22 |
---|---|
Job Title | Director Of Actuarial Services |
Employer | More Information |
Salary | |
Category | Accounting Finance |
Location |
ZA / South Africa |
Job Summary
What Youll Be Driving: Strategic Leadership: Develop and execute actuarial strategies aligned with the organization`s business objectives. Provide expert insights to senior management on risk, pricing, and profitability. Lead actuarial input in strategic planning, mergers & acquisitions, and business expansion initiatives. Actuarial Modeling & Analysis: Oversee the development and enhancement of actuarial models for pricing, reserving, and risk management. Monitor financial risks, loss ratios, and market trends to inform business strategies. Conduct scenario testing, sensitivity analysis, and capital modeling. Risk Management & Compliance: Ensure adherence to industry regulations and standards (e.g., IFRS, Solvency II, local regulatory requirements). Collaborate with regulatory bodies and auditors to ensure compliance and reporting accuracy. Establish sound actuarial controls and governance frameworks. Product Development & Pricing: Lead the design and pricing of insurance products to optimize profitability and competitiveness. Collaborate with product, underwriting, and marketing teams to drive innovation and market penetration. Provide actuarial insights into product performance and customer value propositions. Financial Reporting & Valuation: Oversee the preparation of actuarial reports and financial statements. Drive accurate valuation of liabilities and ensure effective management of reserves. Support financial planning, budgeting, and forecasting processes. Team Leadership & Development: Manage and mentor a team of actuarial professionals, fostering a culture of excellence and continuous learning. Develop talent pipelines and provide guidance on professional actuarial qualifications. Collaborate cross-functionally to enhance overall business acumen within the organization. Who You Are: Bachelor`s degree in Actuarial Science, Mathematics, Statistics, or a related field; a Masters degree is an advantage. Fellowship or Associate membership of a recognized actuarial body (e.g., FIA, FSA, ASA). Minimum of 10 years of actuarial experience , with at least 5 years in a leadership role within insurance, reinsurance, or financial services. Strong expertise in actuarial modelling tools and software (e.g., Prophet, SAS, R, Python). In-depth knowledge of regulatory frameworks, risk management principles, and financial reporting standards. Excellent leadership, communication, and stakeholder management skills. Proven track record in leading complex actuarial projects and driving business impact. Why This Role Rocks: This is your chance to be at the forefront of shaping the future of banking within Africa Collaborate with a global team, influence strategic decisions, and leave an indelible impact. Ready to challenge conventions and redefine whats possible? Apply now and join a culture where innovation knows no bounds ð???
Director Of Actuarial Services position available in ZA, South Africa. This job position was posted by . The job has been posted on 2025-01-22 in the Accounting Finance category
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