Senior Actuarial Supervisor

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Role overview & purpose

Group Actuarial has an exciting opportunity within the Reporting team that offers exposure to a wide range of businesses within the Old Mutual Limited Group.

The role forms part of a multi-disciplinary team that delivers high-quality results and commentary for Board and market disclosures, change initiatives (automation, template redesign, enhancements to HFM and DataTech - reporting and calculation systems) and ensures robust governance (L1/L2 reviews). 

There is wide stakeholder engagement necessary, and the role interacts across Segments and Group Actuarial teams and the Group Enablement Function.  

Key Result Areas

• Business support – Provide technical actuarial support to the business on the IFRS17 DataTech solution (looking after OML’s CSM engine). 

• Process efficiency and automation – Drive DataTech improvements by collaborating with DataTech development team and the various Actuarial Infrastructure, Methodology and Segment teams.

• Ensure processes are efficient, robust, fit for purpose and operated within an adequate and effective control environment within the Group Actuarial Reporting team.  

• Financial Reporting – Assist with review and consolidation (including commentary) of various segment submission related to IFRS profits and Value measures for OML for published results.  

• Ad-hoc/Project work – Support the delivery of project initiatives across the business.   

Skills, Qualifications & Experience required

• Nearly/Newly qualified Actuary, with at least 6 year’s relevant life insurance reporting/valuation experience. 

• Strong technical understanding of IFRS 17 Standard

• Experience in the use of reporting and actuarial modelling systems, data design and coding.  (Hands-on IFRS 17 calculation experience will be advantageous)

• Strong stakeholder engagement skills and ability to collaborate effectively across various teams within the business.

• Strong affinity to process improvement and automation.

• Ability to manage a high performing team.

Skills

Action Planning, Adaptive Thinking, Agile Project Management, Data Compilation, Data Controls, Executing Plans, Financial Acumen, Identifying Customer Needs, Information Management, Insurance Product Management, Insurance Sales, Legal Practices, Negotiation, Policies & Procedures, Risk Management, Workflow Management

Competencies

Balances Stakeholders

Builds Effective Teams

Builds Networks

Business Insight

Communicates Effectively

Develops Talent

Directs Work

Drives Results

Education

Bachelor of Science (BSc): Actuarial Science (Required)

Closing Date

19 June 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!