Actuarial Manager
Cape Town

Responsible for leading a team that is responsible for all aspects of reporting relating to the Group Risk Product Range.

• Monthly profit reporting and quarterly valuations in respect of Group Risk Products which include Group Life, Funeral, Permanent Health Insurance (PHI) and Lump Sum Disability
• Detailed analysis of the profits to assist management to manage the book of business pro-actively
• Communication of the results to various stakeholders, including the various product owners as well as the Head of the Actuarial Function.
• Identifying opportunities for process improvement and implementing the necessary changes after collaboration with all stakeholders
• Expand the responsibilities of the team to include the Embedded Value and Value of New Business calculations relating to the Group Risk Product range, including the regular production of the results as well as setting the assumptions
• Implementing the IFRS17 requirements into the Group Risk reporting process.

• Bachelor’s Degree in Actuarial Science essential
• Qualified/nearly qualified actuary
• Management experience
• At least 5 years valuations experience
• A good understanding of Group Risk products will be an advantage.
• IFRS17 experience will also be an advantage m7.5m