Actuarial Executive – General Insurance

Recruiter:

Omega Human Capital

Job Ref:

144654101

Date posted:

Wednesday, February 25, 2026

Location:

Sandton, South Africa

SUMMARY:
-

POSITION INFO:

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

Bachelor’s 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.

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