Finance Actuary, Group Actuarial (Valuations / Stakeholder Engagement / Insurance / Africa) – Sandton, South Africa

Location: Sandton, Johannesburg, South Africa
Date Posted: 22-08-2018
Reference Number: RSB
Job Description:
An Industry leader in Financial services & Insurance is currently seeking a Finance Actuary for their Sandton office. This senior position will be responsible for enabling the Group Actuarial strategy by leading the African Actuarial services team & Managing relationships between various Actuarial, Finance & Risk teams across the rest of Africa.
Relationship Management
  • Responsible for managing the relationships between the African Actuarial Services team and key clients, in the Rest of Africa segment (CFO, finance teams), various life entities covered by the team (entity CFO, Chief Actuary, etc.) and at group (Planning and business insights, Balance sheet management, etc.).
Planning and Co-ordinating
  • Responsible for the co-ordination of the deliveries across the actuarial function, in the areas of financial, regulatory and management reporting, as well as delivery on projects affecting these deliveries.
Valuation and Financial Reporting (including Capital Requirements)
  • Responsible for accuracy and quality of the consolidated financial reporting results, including IFRS / FSV / EV / SAM / internal risk metrics / etc. for submission to the Central Actuarial team, segment finance and entity Chief Actuaries, as appropriate.
  • Proactively provides analysis of results and recommends appropriate action back to business segment and other stakeholders.
  • Responsible for accuracy and completeness of the actuarial portions of regulatory reporting (SAM reporting feeding into SAM Group reporting or in-country regulatory reporting, where required).
Business Planning, Forecasts and Monthly reporting
  • Oversees the provision of actuarial input to the segment teams or Group Planning and Business Insights, for the purposes of consolidated business plans and forecasts.
  • Oversees the production of accurate consolidated monthly reporting for actuarial metrics including detailed analysis of results and recommendations as appropriate.
Process Ownership and Key Controls
  • Responsible for continuous improvement of actuarial processes and the quality of information produced, in liaison with colleagues from the segments.
  • Accountable for the operation of key controls relevant to the generation of actuarial information reported by the segment and to the financial controller.
Management and Leadership
  • Manages a team of approximately 15 actuarial staff, to ensure effective delivery and performance.
  • Play a key part in influencing the group’s actuarial reporting strategy.
  • Make a significant leadership contribution to managing actuarial finance and reporting across the group.
Requirements: Qualification and Skill
  • Qualified Actuary, with a minimum of 8 years actuarial experience, of which at least 4 years should be post-qualification
  • Experience in the Valuations space is essential
  • Previous technical (IFRS, FSV, MCEV and Solvency II/SAM) and/or cross-functional co-ordination
  • Client Relationship Management experience would be a strong advantage
  • South African Nationals preferred
Please apply directly, by clicking on the ‘apply button’ and visit for the latest CA Global jobs.
Robin Botha
Recruitment Consultant
CA Global Finance
Should you not receive a response in two weeks, please consider your application unsuccessful. Your CV will be kept on our database for any other suitable positions.
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