+27 (0) 82 823 9978 [email protected]

Executive Actuary – SA1054

Our client is searching for a qualified actuary to be responsible for the Actuarial function, including to manage and provide assurance on actuarial control and governance, product, pricing, reinsurance and business partnering within the group. The successful candidate will have extensive experience in life and non-life valuations, sound experience in product development and pricing as well as detailed knowledge of the current legislative framework and prudential requirements.

 

The successful candidate will be responsible to:

  • Proactively lead the actuarial function by setting strategy, driving the development of new business in the market, and providing specialist advice across disciplines
  • Provide actuarial assurance and leadership
  • Lead the preparation of actuarial inputs into planning and projection information for the actuarial function
  • Lead complex actuarial processes
  • Provide assurance on the appropriateness of methodologies and underlying models used and assumptions made, as well as the accuracy of calculations
  • Lead the valuations process (modelling, data analysis and assumption development)
  • Accountable for the reserving process and profitability studies
  • Evaluate and provide advice on the financial soundness position
  • Oversee the function’s involvement in the ORSA process
  • Oversee the company’s reinsurance arrangements and develop the reinsurance strategy
  • Analyse and assess reinsurance portfolios for the purposes of risk management, experience study, planning and quotation
  • Provide thought leadership and be an active member of the Exco team
  • Provide actuarial signoff on various matters including audited figures, analysis of profits, profit reporting, expense apportionment, bonus recommendations, investment policies, appropriateness of premiums, etc.
  • Oversee the development, monitoring and steering of products and actuarial pricing
  • Manage the actuarial department through effective performance reviews, allocating workload, prioritising duties and ensuring that the team meets reporting and other deadlines
  • Interact with appropriate actuarial and regulatory committees on developing initiatives of importance to the organisation
  • Responsible for overseeing regulatory and industry reporting for the actuarial function

 

For more information, please contact Wilhelm ([email protected] or +27 (0)82 823 9978)

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