Executive Actuary

Recruiter:

Network Recruitment

Job Ref:

NFP014134/RDL

Date posted:

Sunday, May 12, 2024

Location:

Johannesburg, South Africa

Salary:

SUMMARY:

An exciting opportunity has arisen to join our esteemed client's vibrant team as an Executive Actuary, specializing in the Non-Life sector, at a leading insurance powerhouse situated in South Africa.

POSITION INFO:
Job Description:
Direct and oversee the Non-Life function by coordinating personnel, implementing procedures, and facilitating interactions to ensure the effective assessment and reporting of technical provisions and capital necessities for the company's non-life insurance operations across its territories.

Responsibilities:

Lead strategic initiatives aligning with company goals for sales growth and client satisfaction.
Provide executive guidance on financial and risk matters, supporting planning with analyses.
Establish uniform reporting frameworks and protocols across operations.
Offer strategic insights to optimize financial performance and capitalize on opportunities.
Contribute to strategic planning within the Non-Life division.
Develop and maintain robust actuarial valuation and capital modelling practices.
Ensure accuracy of technical provisions and regulatory capital assessments.
Oversee acquisition of policy data, accounting records, and asset information.
Cultivate trust-based relationships with stakeholders.
Uphold competitive edge through networking and benchmarking.
Collaborate on enhancements to service offerings based on client needs.
Lead team to foster a positive work environment and productivity.
Recruit and onboard professionals aligned with company values.
Manage team performance to meet business objectives.
Oversee financial management and risk mitigation.
Supervise budgeting, reporting, and collaboration with audit teams.
Improve cost efficiency and operational effectiveness.
Implement financial risk management methodologies and systems.

Education:

Qualified Actuary (FellowÂ Member of the Actuarial Society of South Africa (FASSA))
Bachelor's degree in Actuarial Science or relevant

Job Experience & Skills Required:

8 years of work experience (predominantly in the non-life space)
Management experience
Proficiency in Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and fundamental risk management principles
Familiarity with Enterprise Risk Management (ERM), Own Risk and Solvency Assessment (ORSA), and Solvency Assessment and Management (SAM) practices and principles

Apply now!Â
Â
For more Actuarial, Quantitative and Analytics jobs, please visit Â
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Similar jobs you might be interested in:

Head of Short-Term Corporate Actuarial
Location: Johannesburg
Salary:
We are looking for a dynamic and experienced individual to join our team as a Short-Term executive actuary.
17 days ago

Quantitative Analyst: Impairments
Location: Johannesburg
Salary: Annually
Here is the chance to lead an impairments team and add insight into the credit risk space.
10 days ago

Executive Assistant
Location: Boksburg
Salary:
Today

Divisional Operations Executive (Linbro Park)
Location: Johannesburg
Salary: Monthly
A vacancy has become available for the appointment of a Divisional Operations executive. The position is primarily based at the Head Office in Linbro Park however extensive travel to work sites will be required. Experience:At least 8 years successful experience on large infrastructure projects and or maintenance contracts At least 3 years experience in a senior operations management posi...
1 day ago

Sales Executive (Logistics)
Location: Johannesburg
Salary:
Sales executive (Logistics)The Sales executive will be responsible for developing overall business in the logistical market by effective and profitable management including negotiations with existing and potential high-profile customers.You will be required to build and maintain client relationships, assess client specific needs, promote and sell logistic services, and maintain sales goals and obj...
1 day ago

Financial Executive
Location: Johannesburg
Salary: 1400000 Annually
Join this company and play a pivotal role in shaping the financial future of a renowned hospitality leader. We look forward to receiving your application!
1 day ago

Executive Manager – Finance (EE)
Location: Johannesburg
Salary: R1.3 – R1.6 Million CTC (Neg)
The executive Manager – Finance forms part of the local executive management team and is responsible for the development of the financial well-being of the company in South Africa.
1 day ago

PA/ Executive Assistant - Contract
Location: Roodepoort
Salary: 200000 Annually
Our client in the Education field needs an immediately available, effective and capable PA to oversee customer relations and admin. 7 month contract with possibility of Perm.
2 days ago

CHIEF EXECUTIVE OFFICER, ESCAP SOC LTD
Location: Johannesburg
Salary:
ESCAP is a subsidiary of ESKOM. The ESCAP Chief executive Officer will be responsible to manage the Eskom Captive Insurance Company’s business affairs as well as act in the best interest of the company. To establish and execute the company’s operating plan necessary to achieve the company objectives and to oversee the company operations according to the strategic plan, b...
2 days ago

Truck Sales Executive
Location: Johannesburg
Salary:
We invite candidates with new truck sales experience to apply for the Truck Sales executive position based in Isando Johannesburg.
2 days ago