Reserving Actuary

Recruiter:

Network Recruitment

Job Ref:

NFP016359/ZG

Date posted:

Wednesday, November 19, 2025

Location:

Cape Town, South Africa

Salary:

Annually

SUMMARY:
A global reinsurer is looking for an actuarial professional to join its reserving and valuations team. The role focuses on financial reporting, regulatory submissions, data analysis, and supporting enhancements to actuarial systems and models. You’ll work closely with auditors, senior team members, and international project teams while contributing to key actuarial processes and business insights.

POSITION INFO:
The business is known for its technical depth, actuarial expertise, and long-standing industry reputation. It maintains a collaborative environment where specialist teams work closely with international counterparts, contributing to high-quality analytical insights, robust financial reporting, and the development of advanced risk and valuation frameworks.

Key Responsibilities:

Supporting the delivery of quarterly and annual financial results across multiple reporting frameworks, including international accounting and regulatory standards.
Contributing to statutory submissions under local risk-based capital regimes.
Liaising with internal stakeholders and external auditors during the audit cycle.
Assisting in the ongoing enhancement of systems and models aligned to new accounting standards.
Interrogating data and valuation outputs to provide insight into business performance.
Developing and refining analytical tools to support management and compliance reporting.
Producing timely management information and monitoring key business metrics.
Partnering on cross-border projects involving new accounting standards, data architecture and related actuarial initiatives.
Driving automation and improvements across models and internal processes.
Reviewing valuation datasets for experience investigations and assumption development

Job Experience and Skills Required:
Education:

Degree in Actuarial Science, Actuarial Mathematics, Statistics, or a related quantitative field
Nearly or Newly Qualified Actuary

Experience:

Approximately 3–6 years’ experience in an actuarial, reserving, or financial reporting environment
Exposure to reporting frameworks such as IFRS, US GAAP, or local regulatory capital regimes
Experience working with large datasets and actuarial/statistical modelling
Prior involvement in system enhancements, automation, or process improvement is advantageous

Skills:

Strong numerical, analytical, and problem-solving ability
Proficiency in MS Office; SQL or database experience beneficial
Competence in programming tools such as R or Python
Actuarial modelling capability; experience with actuarial software is a plus
Excellent communication and interpersonal skills
Ability to work independently and manage deadlines
Collaborative team player comfortable engaging with stakeholders at various levels

Apply now!

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