Actuarial Manager | Gauteng

SUMMARY:
Actuarial Manager | Rivonia

POSITION INFO:

Industry: Financial Services / Non-Life Insurance

Position Type: Permanent

About the Client

Our client is a premier, household-name financial services group housing several of South Africa’s leading insurance brands. Known for driving purpose-led innovation and technical excellence, they offer an environment where senior actuarial professionals can directly influence strategic decisions, lead top-tier talent, and accelerate their careers.

The Opportunity

We are seeking a high-caliber Actuarial Manager to lead a dynamic team of Actuarial Analysts within the Non-Life Corporate Actuarial division. Reporting directly to the Head of Corporate Actuarial, you will drive the end-to-end delivery of robust reserving, regulatory capital modeling (SAM), and IFRS 17 reporting.

If you are a technical authority who thrives on translating complex actuarial metrics into actionable business strategy, this role is built for you.

Key Responsibilities

• People Leadership: Lead, mentor, and develop a high-performing team of Actuarial Analysts—fostering technical excellence, innovation, and accountability.

• Reserving & Methodology: Oversee end-to-end reserving processes, driving methodology development, assumption setting, and stakeholder engagement on reserve adequacy.

• Regulatory & Capital Management: Direct both solo and group Solvency Assessment and Management (SAM) calculations and reporting in full compliance with standards.

• IFRS 17 Excellence: Drive the ongoing delivery and alignment of IFRS 17 frameworks across accounting and actuarial functions.

• Stakeholder Engagement: Partner closely with the Head of Actuarial Function (HAF), external auditors, and Risk teams (supporting ERM, ORSA, Risk Appetite, and Stress Testing).

• Strategic Influence: Present key insights, modeling outcomes, and strategic recommendations to senior management and Board committees.

• Continuous Improvement: Advance operational efficiency, automation, and model enhancements (including pricing, capital, and business planning models).

Requirements & Qualifications

• Education: BSc in Actuarial Science (Required).

• Experience:

  5+ years of total actuarial experience (Essential).

  3+ years in a Non-Life / Short-Term Insurance environment (Essential).

  3+ years focused on Reserving, SAM, and IFRS 17 reporting (Essential).

  1+ years in management/resource planning to deliver strategic business objectives (Essential).

• Software: Experience with ResQ is highly advantageous.

Why Apply?

• Strategic Visibility: Direct access and presentation responsibilities to senior leadership and Board committees.

• Comprehensive Scope: A balanced, high-impact portfolio covering SAM, Reserving, IFRS 17, and ERM.

• Growth Culture: Join a business committed to continuous improvement, automation, and investing in its people.