Statutory Actuary

Johannesburg South
Salary: Market Related
Job Type: Permanent
Sectors: Finance
Reference: NFP015401/LLR

Apply before Jan 02 2025 | 29 Days left

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Vacancy Details

Employer: Network Recruitment

My client is looking for a skilled and experienced Actuarial Function Support Specialist to join their dynamic team. This role is responsible for supporting the Head of Actuarial function and driving various projects related to product management and model governance within the organization. The successful candidate will work closely with product, actuarial, and financial reporting teams, preparing reports for senior management and board subcommittees.

Key Responsibilities:

Support the Head of Actuarial function in preparing reports for management and board committees, including statutory reports.
Develop and implement product development, pricing, and product management strategies across the business.
Manage and govern model governance processes.
Lead various ad hoc projects related to product management, valuation bases, solvency, and financial reporting.
Review and report on matters related to the actuarial function within the organization.
Collaborate with the Head of Risk and Capital Analytics on capital, stress testing, and solvency projections.

Required Experience and Qualifications:

Registered with the Actuarial Society of South Africa (ASSA) or a similar professional body.
Qualified Actuary (FASSA, AMASSA, or equivalent).
At least 5 years of post-qualification experience with exposure to financial reporting.

Competencies:

Strong understanding of long-term insurance products and product management.
Extensive experience with financial reporting (IFRS, EV, SAM) in a life insurance company.
Excellent communication, presentation, and report writing skills.
Ability to build strong relationships with colleagues and stakeholders, while maintaining awareness of the regulatory and commercial environment.
Strong project and process management skills with the ability to engage effectively with senior management.
Meticulous attention to detail and a commitment to technical excellence.
Ability to manage competing demands and deadlines.
A self-starter with a strong desire to add value and drive development.

If you are a qualified Actuary with a passion for actuarial work and the ability to lead projects and teams, we encourage you to apply for this exciting opportunity. Please send your CV to lolroux@networkfinance.co.za.

Should you not hear from us within two weeks, please consider your application unsuccessful.

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.