Senior Actuarial Manager: Non-Life Reserving & Capital

Recruiter:

The Recruitment Council

Job Ref:

Senior Actuarial Man..

Date posted:

Monday, December 15, 2025

Location:

midrand, Gauteng, South Africa

Salary:

R1 000 000 - R 1 200 000 Per Annum

SUMMARY:
Senior Actuarial Manager: Non-Life Reserving & Capital

POSITION INFO:

Join one of South Africa’s leading financial service providers and propel your career within a purpose-driven organisation. Our client is seeking a dynamic and experienced Actuarial Manager to lead their critical functions in Reserving and Regulatory Capital Management.

You will manage a team of Actuarial Analysts within the Non-Life Corporate Actuarial team, reporting directly to the Head of Corporate Actuarial. This is a strategic role responsible for driving high-quality actuarial solutions that support key business objectives.

Responsibilities:

Regulatory Capital (SAM): Manage and oversee both solo and group Solvency Assessment and Management (SAM) calculations and reporting , ensuring full compliance.
Reserving: Oversee end-to-end reserving processes, including methodology development, setting assumptions, and engaging stakeholders on reserve adequacy.
IFRS 17 Leadership: Drive IFRS 17 implementation and ongoing reporting , ensuring alignment with accounting and actuarial standards.
Stakeholder Engagement: Present actuarial insights and recommendations to senior management, Board committees, and other stakeholders to inform strategic decision-making.
Risk & Governance: Support the Risk team in developing and maintaining ERM frameworks, including ORSA, Risk Appetite, and Stress & Scenario testing.
Team Development: Lead, mentor, and develop a team of actuarial analysts, fostering technical excellence, innovation, and accountability.

Education:

A Bachelor of Science in Actuarial Science is required.

Experience:

5 or more years of overall actuarial experience is essential.
A minimum of 3 years of actuarial experience specifically within a Short-Term insurance environment is essential.
3 or more years of experience in reserving, SAM, and IFRS reporting is essential.
1 or more years of experience managing resources and planning to deliver predetermined objectives is essential.

Technical Skills:

Experience with ResQ software is advantageous.

Core Competency:

A proven ability to model, monitor, and interpret key metrics while driving continuous improvement and process automation.

Similar jobs you might be interested in:

Senior Actuarial Manager: Non-Life Reserving & Capital
Location: Midrand, Gauteng
Salary: R1 000 000 - R 1 200 000 Per Annum
senior actuarial manager: Non-Life reserving & capital
46 days ago

Senior Actuarial Analyst
Location: Johannesburg
Salary: Annually
Own the analytics engine behind South Africa’s debt review (DR) performance. This role is ideal for an analytics leader who thrives on turning complex lifecycle data into predictive insight, sharper workflows, and measurable collections uplift. You’ll build a single source of truth across active DR, pre-termination, and terminated debt review (TDR), translating data into real operation...
Today

Senior Actuarial Analyst
Location: Johannesburg
Salary:
Join a leading global organisation that values innovation, forwardâthinking problemâsolvers, and Actuaries who don’t just crunch numbers—they elevate strategy. If you’re looking for a role where your ideas matter and your growth is supported, this is it.
7 days ago

Non-Life Senior Actuarial Analyst
Location: Johannesburg
Salary:
Where technical excellence meets realâworld impact. Are you ready to elevate your actuarial career and join a team that’s shaping the future of insurance? This is your chance to step into a senior role where innovation, analytical rigour, and collaboration are not just buzzwords—they’re embedded in everything the team does.
10 days ago

Senior Actuarial Analyst
Location: Johannesburg
Salary: Annually
Own the analytics engine behind South Africa’s debt review (DR) performance. This role is ideal for an analytics leader who thrives on turning complex lifecycle data into predictive insight, sharper workflows, and measurable collections uplift. You’ll build a single source of truth across active DR, pre-termination, and terminated debt review (TDR), translating data into real operation...
11 days ago

Senior Actuarial Analyst
Location: Johannesburg
Salary: Annually
Own the analytics engine behind South Africa’s debt review (DR) performance. This role is ideal for an analytics leader who thrives on turning complex lifecycle data into predictive insight, sharper workflows, and measurable collections uplift. You’ll build a single source of truth across Active DR, Pre-Termination, and Terminated DR (TDR), translating data into real operational and fi...
21 days ago

Senior Actuarial Analyst
Location: Johannesburg
Salary:
Own the analytics engine behind South Africa’s debt review (DR) performance. If you love turning complex lifecycle data into predictive models, sharper workflows, and higher collections, this role lets you build the single source of truth for active DR, pre-Term, and TDR—translating insight into operational and financial impact.
25 days ago

Senior Actuarial Pricing Specialist - Short Term Insurance
Location: Centurion
Salary: Salary - R1,200,000.00 CTC / Annum
Short Term Insurance - Personal and Commercial lines
67 days ago

Actuarial Manager
Location: Johannesburg
Salary: Annually
An established actuarial consulting firm is seeking an experienced actuarial manager to take on a senior leadership role within its growing African practice. This role is ideal for a technically strong actuarial professional who thrives in a consulting environment, enjoys leading high-performing teams, and wants exposure to complex actuarial work across life and non-life insurance markets.
Today

Chief Audit Executive (On-Site)
Location: Johannesburg
Salary: 1 000 000 Annually
A leading South African insurance group is seeking a visionary Chief Audit Executive (CAE) to lead its internal audit function and shape the organisation’s governance, risk, and assurance landscape. This is a highâvisibility executive appointment, ideal for a seasoned audit leader with deep insurance expertise and a passion for strengthening organisational integrity. This is a rare opportu...
3 days ago