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Actuarial Manager
Actuarial ManagerOld Mutual • Johannesburg, Gauteng, South Africa
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Actuarial Manager

Actuarial Manager

Old Mutual • Johannesburg, Gauteng, South Africa
30+ days ago
Job description

Job title : Actuarial Manager

Job Location : Gauteng, Johannesburg

Deadline : December 30, 2025

Job Description

  • Manages a line of business with a team of insurance actuaries. Conducts research and recommends policies to assist with the organization's financial structure, completes financial projections, and performs actuarial analysis.
  • Provides advice and problem solving input to others in particularly complex situations. OML roles mapped to this profile are : Senior Actuarial Supervisor, Senior Actuarial Supervisor (OMAO), Manager : Reserving and Manager : Tactical Pricing.

Responsibilities

  • Actuarial Analysis, Assumptions and Insights
  • Create and present high-quality actuarial analyses, assumptions, insights, and reports to support business decision-making and / or business performance evaluation. Perform complex statistical analysis to enable data analysis.
  • Actuarial Model Creation and Maintenance
  • Develop and maintain complex actuarial models, ensuring that the underlying structure of the actuarial assumptions are fully validated and that the models can be integrated into wider business models to enable actuarial analysis, financial reporting, and regulatory compliance.
  • Actuarial Product Development & Management
  • Develop proposals for new products and for the improvement and management of existing products that create competitive advantage, that are viable in relation to the organization's risk appetite and financial objectives, and that meet regulatory requirements.
  • Actuarial Financial Reporting
  • Produce complex actuarial financial information, ensuring the accurate completion of a key strand of the process to contribute to the production of statutory and non-statutory reports and other disclosures.
  • Leadership and Direction
  • Communicate the actions needed to implement the function's strategy and business plan within the team; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these and to do extraordinary things to achieve local business goals.
  • Performance Management
  • Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project /
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