Actuarial Manager: Non-Life – SA1458

Our client is a leading specialist cell captive insurance group. They are looking for a Qualified Actuary to manage one of their Non-Life actuarial teams. The purpose of the role is to manage the actuarial team responsible for analytical analysis and capital modelling to ensure the financial stability of the company and its clients and to provide modelling support for the valuation of IFRS 17-compliant technical provisions. 

Candidates who are interested should be a Qualified Actuary with at least 8 years’ relevant experience. You should have intermediate to advanced programming experience with advanced knowledge of SQL. You should have advanced understanding of the components of SCR of a Non-Life insurer as prescribed by the prudential standards, and cell captive specific experience is advantageous. Yous should have understanding of relevant legislation such as the Insurance act, Prudential standards, IFRS 4 and IFSR17, with advanced understanding of triangulation methods including large loss reserving methods and liability valuation methods. 

Responsibilities will include: 

• Play a leading role in the analysis of results, liaising with auditors and preparing internal and external reporting material.  
• Establishing consistent processes and controls across the business to ensure accurate reporting and risk management.  
• Building and maintaining relationships with clients and stakeholders.  
• Contributing to sustaining a competitive edge through external networking and benchmarking as well as representation on related forums.  
• Demonstrating exemplary leadership behaviour through personal involvement, commitment and dedication in support of organisational values.  
• Managing high risk and problematic financial and capital issues in area of accountability and contributing to the development of policy.  
• Implementing and managing financial risk methodologies, techniques and systems and used to monitor and report on financial activities.  

For more information, please contact Henda ([email protected] or +27 (0)83 603 2961).