Senior Actuarial Specialist

Recruiter:

Moving Heads Personnel CC

Job Ref:

Snr Act

Date posted:

Saturday, February 20, 2021

Location:

Johannesburg, South Africa

Salary:

Neg

SUMMARY:
Senior Actuarial Specialist

POSITION INFO:

Senior Actuarial Specialist

Cape Town and Johannesburg

Play a key review and thought leadership role in the valuation space. The team is responsible for financial reporting (IFRS, MCEV and SAM), maintaining (coding and peer review) of Prophet and DCS models, and supporting robust forecasting, business planning and monthly reporting for the segment.

Reporting to the Valuations Manager, the role will allow you to develop sound technical knowledge and grant exposure to coaching.

Accountable for the end to end reporting process for the Savings product range, from ownership of the actuarial model to reporting of the results to senior stakeholders with appropriate analysis and insights to drive decision making that helps achieve the strategy. Review and improve existing methods and processes.

Participate in various projects, including IFRS 17 implementation, which will present opportunities to develop further insights and influence reporting within and across the business and finance community.

Financial reporting - Ensure that valuation results are produced accurately, within agreed deadlines and with appropriate supporting commentary

Capital management – Support for producing capital calculations accurately and on time

Bonus declarations – Produce supporting calculations that can assist the statutory actuary in setting bonus rates

Business planning / forecasting – Support the team that provides forecasting and ongoing monitoring (outside of valuation periods) by providing the necessary technical calculations

Investigations – Undertake investigations (on behalf of Business Partner, Finance Actuary and Actuarial Manager) as will be delegated to you

Models – Ownership of Prophet and DCS models used in valuations

Continuous improvements – Enhancements of models and processes that produce IFRS/FSV, MCEV and SAM reporting

IFRS 17 implementation: Participation in the segment’s involvement in the IFRS 17 project and the transition of reporting into BAU.

General – Ensure that all actuarial processes are performed as efficiently as possible, and are compliant with the current risk control environment.

Nearly qualified actuary

At least 4 years actuarial experience

Strong technical skills

Strong detail orientation coupled with the ability to see the “big picture”

Excellent communication skills (both written and verbal)

Motivated self-starter who shows initiative, is proactive, looks for ways to improve

Able to complete tasks within agreed timelines and drive projects to completion with minimal guidance

Interest in financial modelling software

Previous valuation experience will be an advantage.

Prophet or DCS (or similar modelling) experience will be an advantage.l20.1o

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

Similar jobs you might be interested in:

Actuarial Analyst (Senior Level)
Location: Johannesburg
Salary: Market-Related
actuarial Analyst (senior Level) - Short-Term or Long-Term Insurance
1 day ago

Senior Actuarial Leader
Location: Johannesburg
Salary: Market-Related
senior actuarial Leader – Valuations | Johannesburg
56 days ago

Short-Term Actuary â Pricing & Product Development Focus
Location: Midrand
Salary:
Are you a technically skilled Actuary with a passion for short-term insurance pricing and product development? A well-established and innovative player in the insurance sector is seeking a Short-Term Actuary to drive pricing strategy and support product development within a collaborative, fast-paced actuarial environment. This role offers the chance to take ownership of pricing models, influence p...
1 day ago

Head: Non-Life Pricing & Structuring
Location: Johannesburg
Salary:
A market-leading player in the insurance solutions space is seeking a dynamic Head of Non-Life Pricing & Structuring (Cell Captive) to lead its high-performing technical team. This is a rare opportunity to play a pivotal role in shaping innovative non-life insurance solutions in a fast-paced and evolving environment.
1 day ago

Actuarial Manager
Location: Johannesburg
Salary:
Are you ready to take the reins of an established, niche-focused actuarial team within a dynamic life insurance environment? This is your opportunity to guide capital strategy, elevate analytics infrastructure, and work at the forefront of cell-based insurance innovation—without sacrificing complexity or compliance integrity.
4 days ago

Non-life Actuary
Location: Midrand
Salary:
Shape the Future of Insurance Pricing – Join a Team That Values Insight, Innovation and Impact. Are you a natural problem-solver with an analytical mind and a passion for short-term insurance strategy? Ready to take the lead on pricing in a role that blends technical challenge with commercial influence? We’re looking for a Short-Term Actuary with a strong pricing focus to join a forwar...
7 days ago

Data Scientist â Predictive Modelling & Insights
Location: Johannesburg
Salary:
Extraordinary Predictive Modellers – It’s Time to Shape the Future of Finance with Data! Are you ready to turn raw data into powerful business outcomes? A dynamic and fast-growing consulting firm is looking for a Junior Data Scientist to join their vibrant Analytics & Insights team. If you're eager to make an impact, thrive in a collaborative space, and love solving complex financi...
7 days ago

Senior Data Scientist â Machine Learning AI
Location: Johannesburg
Salary:
Build the Future of AI-Driven Customer Engagement. Are you fluent in Python and passionate about shaping the future of intelligent conversations? We’re searching for an AI Engineer who’s ready to design, build, and scale voice bots, chatbots, and next-gen NLP solutions, including for under-served African languages. If you thrive at the intersection of language, data, and innovation, th...
7 days ago

Intermediate or Senior AWS Data Engineer – Johannesburg – up to R900k per annum
Location: Johannesburg
Salary: 900000
Intermediate or senior AWS Data Engineer – Johannesburg – up to R900k per annum
15 days ago

Senior Data Scientist â Research & Strategy Focus
Location: Pretoria
Salary:
Are you a seasoned Data Scientist with a strong foundation in research methodology and a passion for solving real-world problems with data-driven strategies? We’re looking for a dynamic and detail-oriented individual who can lead from the front—designing smart solutions, conducting powerful statistical analysis, and transforming insights into action.
23 days ago

Senior Actuarial Specialist

Similar jobs you might be interested in:

Create a free job alert for Senior Actuarial Specialist in Johannesburg