Head of Actuarial

Recruiter:

Network Recruitment

Job Ref:

NFP015856/MNG

Date posted:

Friday, June 27, 2025

Location:

Johannesburg, South Africa

SUMMARY:
We’re Hiring: Head of Actuarial – Life (Sandton | On-site

POSITION INFO:

An opportunity to lead an actuarial team responsible for analytical analysis and capital modelling to ensure financial stability and lead SAM-compliant technical provisions modelling within a dynamic life insurance environment.

Key Responsibilities:

Lead actuarial modelling for SAM-compliant technical provisions and capital models.
Oversee Prophet model development, maintenance, and enhancements for life insurance clients.
Deliver quantitative projections for annual ORSA and regular SCR analysis.
Engage with auditors and prepare internal and external capital reporting.
Develop financial insights for product development and reinsurance structuring.
Drive automation of capital modelling infrastructure and consistent processes across the business.
Collaborate with internal and external stakeholders to manage and align client needs.
Lead, mentor, and develop an actuarial team to foster a culture of learning and continuous improvement.

Requirements:

Fellow or Associate Actuary specializing in Life (fully qualified actuary preferred).
Minimum 6 years of relevant work experience, with at least 3 years in a management role.
Advanced understanding of SCR components of a Life insurer under Prudential Standards.
Strong knowledge of Insurance Act, Prudential Standards, and IFRS17.
Expertise in discounted cash flow models, reserving methods, and Prophet coding and model development.
Cell captive experience will be an advantage.

Why consider this role?

You will play a key role in ensuring financial stability while driving actuarial best practices and mentoring a skilled team within an environment that supports innovation and robust technical delivery.

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

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