Executive Actuary

Johannesburg, Gauteng, South Africa

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 bench-marking.
  • 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 (Fellowxc3x82 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
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Job Detail

  • Job Id
    JD1327475
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned