Reporting to the Executive Actuary, the Head - Corporate Actuarial will be responsible for overseeing a team of actuarial professionals that will be responsible for ensuring that all life and non-life actuarial valuations are prepared timeously and accurately. The incumbent will also be responsible for overseeing of the development and maintenance of the actuarial valuation system and data integrity. An integral part of the role will also be supporting business with insights and producing reports for the executive and various committees.
WHAT WILL YOU DO?
Management of the actuarial function
WHAT YOU'LL BRING TO THE TABLE?
Minimum Qualification
- NQF Level 7: Bachelor’s degree – Actuarial Science
- Member of Actuarial Society /Institute of Actuaries
Minimum Experience
- Minimum 8 years’ experience in an insurance regulatory environment
Knowledge and Skills required
- Insurance knowledge is essential
- Life and non-life experience
- Knowledge of the Insurance Acts (long and short term) including SAM, IFRS17
- Experience leading/managing a team
WHAT WILL YOU GET IN RETURN?
We offer great opportunities for personal and professional development in a stable company that’s 130 years strong. The role comes with a competitive salary package and various benefits. Flexible work arrangements (combination of remote and in the office). Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration.
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. Kindly note that should you not receive a response within 21 days please consider your application unsuccessful.
Our Commitment to transformation:
In accordance with the employment equity plan of Rand Mutual Assurance and its employment equity goals and targets; preference may be given, but is not limited, to candidates from under-represented designated groups.