Actuarial Analyst â Balance Sheet Management (Non-Life)

Recruiter:

Network Recruitment

Job Ref:

NFP015708/MNG

Date posted:

Tuesday, April 29, 2025

Location:

Johannesburg, South Africa

SUMMARY:

Actuarial Analyst – Balance Sheet Management (Non-Life)

POSITION INFO:
Are you ready to apply your actuarial skills in a role that bridges technical and strategic impact? A dynamic opportunity is open for an Actuarial Analyst to join a high-performing Balance Sheet Management team, focusing on the non-life insurance space.
This is a space where numbers guide strategy—and where your analytical mindset will shape key decisions on capital, risk, and compliance. If you're progressing steadily toward Fellowship and eager to work at the intersection of regulation, modelling, and performance, this role was designed with you in mind.

What You’ll Be Doing:

Enhance and maintain models for IFRS reserving, capital adequacy, and solvency (SCR, SAM, Technical Provisions)
Play a key role in capital projections for ORSA and dividend planning
Deliver on regulatory reporting timelines—monthly, quarterly, and annually
Work closely with internal teams and external partners to ensure actuarial accuracy
Support the development and automation of actuarial tools, driving process improvements
Contribute to IFRS 17 modelling for both LRC and LIC components
Get involved in capital optimization strategies that go beyond compliance into smart business

What You Bring:

A degree in Actuarial Science
Minimum 3 years’ actuarial experience in the non-life insurance sector
Steady progress toward FASSA qualification
Advanced Excel proficiency and comfort working across MS Office
Strong SQL knowledge, with solid experience in model building
Confident programming skills (intermediate to advanced level)
In-depth understanding of SCR components under local prudential standards
Bonus points if you’ve worked in cell captives or handled non-life valuations
Familiarity with IFRS 4, IFRS 17, the Insurance Act, and other key regulations

This is your opportunity to bring your non-life actuarial expertise to a role where it truly drives value for the business, for clients, and for the evolving insurance landscape.
If you’re ready to contribute to something meaningful while growing your skills and impact—let’s talk.

How to Apply:

If you meet the above requirements, please send your resume DIRECTLY to:

For more finance jobs, please visit our website: />If there is no reply within two weeks, please assume that your application for the vacancy was unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
We also invite you to reach out to us to discuss your next finance career opportunity!

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Actuarial Analyst â Balance Sheet Management (Non-Life)

Actuarial Analyst – Balance Sheet Management (Non-Life)

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