Actuarial Analyst – Balance Sheet Management (Non-Life)

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

• 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