Job Description<\/p>\n
\tWe are seeking a driven and technically skilled actuarial professional to join our team, with a strong focus on reserving within the non-life insurance space. The successful candidate will play a key role in supporting financial reporting, regulatory submissions, planning processes, and data integrity initiatives. This position offers excellent exposure to core actuarial disciplines, regulatory frameworks, and cross-functional collaboration within a dynamic and evolving insurance environment.<\/p>\n
Responsibilities<\/p>\n
\tSupport the calculation and validation of reserves in alignment with IFRS17 and SAM reporting requirements on both quarterly and annual bases.
\n\tProvide actuarial input into group financial reporting and forecasting exercises, ensuring accurate and timely delivery of key reserving metrics.
\n\tContribute to the financial planning process by supplying reserving-based projections and assumptions for internal and regulatory purposes.
\n\tCollaborate with internal and external stakeholders, including finance, auditors, and regulatory bodies, to address reserving queries and support audit processes.
\n\tAssist in preparing and analysing reserve reports, and contribute towards the development and submission of regulatory returns (e.g., SAM QRTs and FSCA Conduct of Business Returns).
\n\tTake an active role in maintaining and improving data quality management processes, particularly as they relate to actuarial inputs and outputs.
\n\tParticipate in ongoing development and enhancement of actuarial models, tools, and reporting capabilities.<\/p>\n
Requirements<\/p>\n
\tA degree in Actuarial Science or equivalent.
\n\tSuccessful completion of at least the A1 and A2 Technical exams from ASSA, or an equivalent stage with the IFoA.
\n\tMinimum of 2\u20133 years of relevant experience in the non-life insurance industry, ideally in a reserving or technical reporting role.
\n\tStrong understanding of reserving techniques, actuarial modelling, and valuation principles applicable to short-term insurance.
\n\tFamiliarity with South African regulatory standards (e.g., SAM) and the IFRS17 framework.
\n\tDemonstrated analytical ability, attention to detail, and a proactive approach to problem-solving.
\n\tExperience communicating complex actuarial concepts to both technical and non-technical stakeholders.
\n\tAdvanced proficiency in MS Excel, with working knowledge of SQL and Power BI. Exposure to ResQ or similar reserving software will be an advantage.
\n\tHigh level of accountability and commitment to producing high-quality work within deadlines<\/p>\n
Deadline:31st August, 2025<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( ) or<\/p>\n
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