ACTUARIAL MANAGER

ASI Financial Services is looking for an experienced and results-driven Actuarial Manager to join our growing team. The successful candidate will be responsible for evaluating and underwriting commercial insurance risks, ensuring sound risk selection while supporting business growth and profitability.

Responsibilities

• Lead IAS 19 post-employment healthcare liability valuations, long-term funding assessments and related actuarial reporting
• Provide technical input into healthcare, medical scheme and employee benefits consulting — including pricing, benefit design, scheme benchmarking and strategic market reviews
• Develop and maintain actuarial models, Power BI dashboards, DAX measures, Python-based analytical workflows and management information systems
• Translate actuarial findings into clear, commercially relevant insights for clients, consultants and executives
• Support new business, tenders, renewals and retention initiatives with actuarial insight and evidence-based value propositions
• Strengthen actuarial governance through peer review, model validation, documentation, audit trails and alignment with professional standards
• Embed GRC, cyber resilience and information security considerations into actuarial processes
• Manage, mentor and develop actuarial analysts — including work allocation, quality review, coaching and performance feedback
• Identify and implement automation opportunities using Power Automate, Power Apps, Python and Copilot Premium
• Contribute to the drafting and maintenance of actuarial, data governance and operational resilience policies

Qualifications and Experience

• Near or fully qualified actuary — FIA, FFA, FASSA, AMASSA or equivalent progression
• Relevant degree in actuarial science, mathematical statistics, economics, finance or a related quantitative field; honours or postgraduate qualification preferred
• Minimum five years’ relevant actuarial experience, preferably in healthcare, medical schemes, employee benefits, consulting or financial services
• Strong working knowledge of the South African healthcare, medical scheme and employee benefits landscape, including applicable legislation and regulatory requirements
• Completed or eligible for CMS accreditation and relevant Key Individual or intermediary regulatory requirements where applicable

Technical Skills

• High proficiency in Excel, Power BI, DAX, Python, actuarial modelling tools and data visualisation platforms
• Experience with Power Automate, Power Apps or other low-code automation tools advantageous
• Working knowledge of data warehousing, governed datasets, Microsoft Power Platform and Copilot Premium
• Familiarity with ISMS principles, JS1/JS2 control frameworks, POPIA, cyber security awareness and GRC frameworks as they apply to actuarial data and reporting
• Analytically rigorous with strong actuarial judgement and an eye for detail
• Able to convert complex analysis into clear business and client-level insights
• Client-centric and commercially aware, with a focus on measurable value creation
• A natural leader and coach who builds capability in others
• Digitally fluent and improvement-minded — you see automation and data opportunities and act on them
• Resilient, adaptable and able to prioritise effectively in a fast-moving environment
• Committed to governance, professional conduct and high-quality delivery

#J-18808-Ljbffr