Actuarial Executive

Recruiter:

PRR Recruitment

Job Ref:

4091910842

Date posted:

Friday, January 16, 2026

Location:

Sandton, South Africa

SUMMARY:
-

POSITION INFO:

Responsibilities:
• Managing projects, producing reports, performing reviews and analysing results in all areas of short-term actuarial services.
• Reviewing technical provisions - IBNR, UPR, AURR, including stochastic risk adjustment calculations in R/Python.
• Assisting clients with their IFRS 17 reporting requirements.
• Providing HAF support.
• Capital modelling, including reviews of economic capital models, building challenger models, and quantitative validation of the SAM/RBC standard formula.
• Reinsurance reviews and stochastic optimisation, including geospatial modelling.
• Product pricing and design, including reviews, working with GLMs, GAMs, etc.
• Projection models for ORSA/FCR and business plans.
• Providing technical advice to General Insurance clients.
• Ensuring that reports include insight/value-add for clients.
• Supporting the Associate Directors.
• Performing market studies and research.
• Maintaining and improving client relationships

Requirements:
• Bachelor’s degree in actuarial science, Statistics, Mathematics, etc.
• At least seven years’ experience in General Insurance, pricing or reserving and capital modelling.
• Qualified or near qualified actuary.
• Experience in managing projects and people (advantageous).
• Experience with SAM, ORSAs, valuations and solvency calculations will be beneficial.
• Strong proficiency in statistical modelling techniques and programming languages such as R, would be advantageous.
• Strong work ethic and highly motivated.
• Effective communication and

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