Actuarial Manager (Risk and Capital)
Sandton and Cape Town

Report to the Finance Actuary and deliver the company’s regulatory capital results and other risk management metrics, with the support of a team of actuaries and actuarial students.

Regulatory Reporting
• Work with the regulatory reporting team to ensure quality delivery of capital calculations and Prudential Standards balance sheet information.
• Output will be used for regulatory submissions (quarterly / half-yearly / annual QRTs) and for external publication.
Capital forecasting
• Produce reliable projections as part of the annual Business Plan process.
• Ensure regular updates of life business capital allocations are provided to the Group Balance Sheet Management team
Scenario testing
• Work with the Group Finance and Group Risk teams to provide capital levels under a range of scenarios.
Governance framework
• Ensure the team’s reporting controls are appropriately performed, and evidence retained.
• Ensure submissions are compliant with relevant technical standards and actuarial methodology principles and guidelines.
Operational improvements / developments
• Ensure sufficient priority is given to maintaining and improving the tools used in the team’s various processes.
• Monitor regulatory developments and ensure processes and tools are prepared in advance of these changing requirements.
Ad-hoc business support
• Ensure team maintains sufficient capacity to provide ad-hoc support to the business.

• Qualified actuary
• At least 8 years’ actuarial experience (mostly in a finance reporting role)
• 2-3 years’ management experience
• Strong technical skills in capital calculations, actuarial reserving and analysis of surplus l21.4o