Our client is a South African based financial services group. They are looking for a Qualified Actuary to join their Risk Management team as Statutory Actuary. This role is primarily responsible for supporting the Head of Actuarial Function in performing various functions related to the Actuarial Function scope of responsibilities and, in addition, for driving several projects related to product management and model governance in the group.

Candidates who are interested should have at least 5 years’ post-qualification experience, with suitable exposure to financial reporting. Sound understanding of long-term insurance products and product management is preferable, as well as financial reporting experience (IFRS, EV, SAM) in a life insurance company. You should be a self-starter with strong communication, presentation and report writing skills, who can work independently. You should have strong project and process management skills, while paying attention to detail and critically challenge ideas.

Responsibilities will include:

• Supporting the Head of Actuarial Function in preparing reports for management and board committees (including statutory reports).
• Accountable for developing and implementing product development, pricing and product management and monitoring across the group.
• Accountable for developing and managing model governance processes in the group.
• Responsible for various ad hoc projects related to the Actuarial Function role, including matters related to product management, valuation bases, solvency and financial reporting.
• Working closely with the Head of Risk and Capital Analytics as required on projects related to required capital, stress testing and solvency projections.

For more information, please contact Wilhelm.