Actuarial Manager (Risk & Reporting)
Cape Town

Regulatory Reporting
• Work with the regulatory reporting team to ensure quality delivery of capital calculations and Prudential Standards balance sheet information, for both the solo insurance licence as well as the Insurance Group and Financial Conglomerate licences.
• Output will be used for regulatory submissions (quarterly / half-yearly / annual QRTs) and for external publication (half-yearly
• results booklets and financial statements).
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 to help with overall Group capital management.
Scenario testing
• Work with the Group Finance and Group Risk teams to provide capital levels under a range of scenarios (for the annual ORSA process as well as ad-hoc when required).
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, and ensure methodology is appropriately maintained. Provide technical guidance to stakeholders when needed.
Operational improvements / developments
• Ensure sufficient priority is given to maintaining and improving the tools used in the team’s various processes, including both the actuarial use of financial consolidation platform, and the team’s spreadsheets.
• 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 (e.g. capital calculations for product developments, or analysing the impact of subsidiary changes on the regulatory capital position).
Development and coaching
• Ensure that team members are achieving their personal development goals, and that there is a focus on appropriately rotating people into and out of the team over time.

• Qualified actuary
• At least 8 years’ actuarial experience (mostly in a finance reporting role)
• 2-3 years’ management experience l15.10o