South Africa: Head of Corporate Actuarial posted by AtripleA recruitment & temps

Responsible for the reserving and capital functions across the group: short term-, and life insurance; South Africa and Botswana.

General
• Accountable for the strategy and operating model of the corporate actuarial department.
• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
• Assist students within the company to pursue local actuarial qualification.

Reserving Specific
• Reserving, reinsurance analysis, or market-facing business units in support of business objectives, and annual IFRS audit.
• With appropriate review and guidance from Management coordinate, prepare, and perform actuarial analyses including and premium projections, consultation on actuarial models, and risk-based capital issues.
• Support finance, market-facing business units, claims, risk, capital management, and other functions on reserving, and strategic business decisions.

Capital Specific
• Capital modelling, data quality, regulatory returns and audits.
• With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including collection of information from various stakeholders across the business.

Business Support Specific
• Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
• Perform data analytics and/or reinsurance analysis.

Relationships:

Internal
• Actuarial business partners
• Underwriting
• Claims
• Finance (FAR and PPM)
• Senior management / executives

External
• Head Actuarial Function
• Auditors (external and internal)
• Underwriting management agency (UMA) partners
• Network of contacts within the actuarial profession