Executive Actuary

SUMMARY:

An exciting opportunity has arisen to join our esteemed client's vibrant team as an Executive Actuary, specializing in the Non-Life sector, at a leading insurance powerhouse situated in South Africa.

POSITION INFO:
Job Description
Direct and oversee the Non-Life function by coordinating personnel, implementing procedures, and facilitating interactions to ensure the effective assessment and reporting of technical provisions and capital necessities for the company's non-life insurance operations across its territories. Responsibilities

• Lead strategic initiatives aligning with company goals for sales growth and client satisfaction.
• Provide executive guidance on financial and risk matters, supporting planning with analyses.
• Establish uniform reporting frameworks and protocols across operations.
• Offer strategic insights to optimize financial performance and capitalize on opportunities.
• Contribute to strategic planning within the Non-Life division.
• Develop and maintain robust actuarial valuation and capital modelling practices.
• Ensure accuracy of technical provisions and regulatory capital assessments.
• Oversee acquisition of policy data, accounting records, and asset information.
• Cultivate trust-based relationships with stakeholders.
• Uphold competitive edge through networking and benchmarking.
• Collaborate on enhancements to service offerings based on client needs.
• Lead team to foster a positive work environment and productivity.
• Recruit and onboard professionals aligned with company values.
• Manage team performance to meet business objectives.
• Oversee financial management and risk mitigation.
• Supervise budgeting, reporting, and collaboration with audit teams.
• Improve cost efficiency and operational effectiveness.
• Implement financial risk management methodologies and systems.

Education

• Qualified Actuary (Fellow Member of the Actuarial Society of South Africa (FASSA))
• Bachelor's degree in Actuarial Science or relevant

Job Experience & Skills Required

• 8 years of work experience (predominantly in the non-life space)
• Management experience
• Proficiency in Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and fundamental risk management principles
• Familiarity with Enterprise Risk Management (ERM), Own Risk and Solvency Assessment (ORSA), and Solvency Assessment and Management (SAM) practices and principles

Apply now! For more Actuarial, Quantitative and Analytics jobs, please visit
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.