Actuarial Manager

Actuarial Manager – Discovery Insure

Sandton, Gauteng

• Salary : R - R
• Posted today

Job Description

Business Unit : Discovery Insure

Function : Actuarial Sciences

Date : 2 Oct 2025

About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Insure

Discovery Insure is committed to creating a nation of great drivers through our innovative Shared-value Insurance model. Discovery Insure is South Africa's fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor and home sectors. Vitality Drive is a key differentiator that incentivises and rewards clients for driving well. The company employs over 1 000 people who are committed to putting our customers and financial advisers first by providing unique and innovative solutions and cover.

Key Purpose

Drive the development, implementation, and optimisation of reinsurance strategies and arrangements to support Discovery Insure's risk management, capital efficiency, and business objectives. The role ensures effective structuring, placement, and management of reinsurance treaties and facultative arrangements, providing expert actuarial input and strategic recommendations to executive management. The Reinsurance Actuary will collaborate with reinsurance brokers, actuarial, underwriting, claims, finance, and external reinsurers to deliver robust risk transfer solutions, maintain regulatory compliance, and enable sustainable growth in a dynamic short-term insurance environment.

Areas of responsibility may include but are not limited to

Knowledge and Skills

Education and Experience

EMPLOYMENT EQUITY

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Is this job a match or a miss?

Posted today

Job Description

Role Purpose

Manage an actuarial team responsible for analytical analysis and capital modelling, to ensure financial stability of Guardrisk Life and its clients and lead modelling for the valuation of SAM compliant technical provisions.

Requirements

Duties and Responsibilities

Internal process

Client

People

Finance

As an applicant, please verify the legitimacy of this job advert on our company career page

#J-18808-Ljbffr