Life Actuarial Manager

Recruiter:

Network Recruitment

Job Ref:

NFP016400/HN

Date posted:

Thursday, November 27, 2025

Location:

Johannesburg, South Africa

SUMMARY:
Life Actuarial Manager

Are you a dynamic actuarial leader who excels at driving strategy, developing innovative life products, and strengthening actuarial capability? This is a high-impact opportunity for a commercially minded Actuary to step into a senior leadership role and shape the pricing direction of a growing life insurance portfolio. If you are passionate about technical excellence, product innovation, and leading high-performing teams — this role is for you.

Join a forward-thinking financial services organisation committed to innovation, growth, and delivering client-centric life insurance solutions. This role offers the chance to take ownership of the life pricing function, build methodologies, uplift modelling capability, and influence key commercial decisions.
As the Life Actuarial Manager, you’ll play a central role in developing competitive pricing strategies, guiding product enhancements, embedding advanced analytics into actuarial models, and ensuring actuarial governance across the life product suite. You will also partner with cross-functional teams to shape product direction and ensure commercial sustainability.

What’s in it for you?
Strategic influence, leadership exposure, the opportunity to build and refine pricing frameworks, involvement in next-generation modelling tools, and career growth within a high-performing actuarial environment.

POSITION INFO:

Key Responsibilities:

Lead and govern pricing methodologies, models, and actuarial frameworks for life insurance products
Develop competitive, data-driven pricing strategies using GLMs, predictive models, and advanced analytics
Review and monitor product performance, profitability, lapse metrics, and cost structures
Provide strategic insights to Product, Sales, Marketing, CVM, and Executive teams
Embed new methodologies, automation, data-driven tools, and AI-driven enhancements into pricing processes
Oversee actuarial governance, peer reviews, and pricing approval processes
Lead, mentor, and grow a high-performing actuarial pricing team

Job Experience and Skills Required:

Education:

BSc Actuarial Science / Actuarial Mathematics / Statistics (NQF 7 min)
Fully qualified Fellow Actuary (non-negotiable)
Honours degree preferred (NQF 8)

Experience:

Minimum 5 years actuarial experience in life insurance or related product lines
Demonstrated leadership or people management experience
Strong experience in life pricing, product development, financial modelling, GLMs, and predictive modelling
Exposure to life insurance regulatory frameworks and actuarial governance

Skills:

Advanced technical capability in actuarial modelling, pricing tools, and predictive analytics
Deep commercial understanding and strategic decision-making ability
Excellent stakeholder engagement and communication skills
Proficiency in emerging analytics technologies, automation, and AI-driven modelling tools

Non-negotiables:

Fully qualified Fellow Actuary
Strong technical pricing and modelling expertise
Proven leadership and team management experience

Apply now!

For more exciting Finance vacancies, please visit:
/>I also specialise in recruiting in the following:
- Actuarial roles (Life, Short-Term, Health, Pensions, Quantitative)
- Data Scientists / Data Analysts (Python, R, SQL, Machine Learning)
- Risk Analysts (Credit, Market, Model Risk, Operational)
- Pricing Specialists (Insurance, Financial Products)
- Machine Learning & AI Data Scientists (ML Ops, NLP, Predictive Modelling)
- Quantitative Specialists across Banking, Insurance, and FinTech
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.
For more information, contact:
Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn:

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