Job Description

Job SummaryHire Resolve's Client is currently hiring for the position of Actuarial Manager to join their team. As an Actuarial Manager, you will manage an actuarial team responsible for analytical analysis and capital modelling, to ensure financial stability of the company and its clients and provide modelling support for the valuation of IFRS 17 compliant technical provisions.ResponsibilitiesInternal process

• Play a leading role in the analysis of results, liaising with auditors and preparation of internal and external reporting material.
• Establish consistent processes and controls across the business, to ensure accurate reporting and risk management.
• Develop and maintain reserving and capital models.
• Manage the vetting of accounting data, asset data, reinsurance data and exposure data used for actuarial valuations.
• Deliver the quantitative projections for the annual ORSA
• Deliver annual, quarterly and monthly SCR analysis for the company and its cells in line with Group practices and policies.
• Participate in providing financial insights to proposed product developments and reinsurance arrangements.
• Collaborate with internal and external stakeholders.

Client

• Build and maintain relationships with clients and stakeholders.
• Contribute to sustaining a competitive edge through external networking and benchmarking and representation on related forums.
• Engage with key internal and external stakeholders to identify changing client needs and make recommendations to align service offering with client needs.

People

• Create a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivity.
• Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.
• Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.
• Enable a learning and growth culture whereby information regarding successes, issues, trends and ideas are actively shared between team members.
• Execute effective workforce planning practices to ensure that staffing requirements are accurately forecasted.
• Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growth.

Finance

• Manage high risk and problematic financial and capital issues in area of accountability and contribute to the development of policy.
• Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities.
• Implement and provide feedback on the effectiveness of financial policy, practice and procedures: preventing illegal, unethical or improper conduct.

• Implement risk management, governance and compliance policies in own practice area, to identify and manage governance and risk exposure liability.

Competencies required

• Expert knowledge MS Office
• Advance knowledge of MS SQL
• Intermediate to advanced programming experience
• Advanced understanding of the components of SCR of a Non-Life insurer as prescribed by the prudential standards. Cell captive specific experience advantages
• Understanding of relevant legislation, ie. Insurance act, Prudential standards, IFRS 4 and IFSR17
• Advanced understanding of triangulation methods including large loss reserving methods and liability valuation methods.

Experience and Qualifications

• Fellow Actuary specialising in Non-Life.
• At least 8 years' relevant work experience

Contact Hire Resolve for your next career-changing move today

• Our client is offering a highly competitive salary for this role based on experience.
• Apply for this role today, contact Michaela Boustred at Hire Resolve or on LinkedIn
• You can also visit the Hire Resolve website:

or email us your CV:We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise.Hire ResolveIT/ComputerRecruiterAboutSpecialists in Civil, Structural, Mechanical Engineering, Information Technology, Mining, Manufacturing and Finance Careers! Hire Resolve is one of the larger and more agile South African recruitment companies that focus on placing professionals and skilled people in permanent employment and contract employment. We prefer and focus on working with top quality professionals and candidates in South Africa and Africa. Hire Resolve has successfully placed Engineering, Mining, IT, Manufacturing and Finance professionals with top firms across the Western Cape, Eastern Cape, KwaZulu Natal, Gauteng and in Africa. Hire Resolve has assisted candidates to find jobs at over 100 JSE listed companies of which many are global companies with offices and operations in South Africa and Africa. It is for this reason that we are well respected in the industries we operate in and in the recruitment industry.

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