Actuarial Assistant at Hire Resolve

Job Description

• We are seeking a driven and technically skilled actuarial professional to join our clients team, with a strong focus on reserving within the non-life insurance space. The successful candidate will play a key role in supporting financial reporting, regulatory submissions, planning processes, and data integrity initiatives. This position offers excellent exposure to core actuarial disciplines, regulatory frameworks, and cross-functional collaboration within a dynamic and evolving insurance environment.

Responsibilities

• Support the calculation and validation of reserves in alignment with IFRS17 and SAM reporting requirements on both quarterly and annual bases.
• Provide actuarial input into group financial reporting and forecasting exercises, ensuring accurate and timely delivery of key reserving metrics.
• Contribute to the financial planning process by supplying reserving-based projections and assumptions for internal and regulatory purposes.
• Collaborate with internal and external stakeholders, including finance, auditors, and regulatory bodies, to address reserving queries and support audit processes.
• Assist in preparing and analysing reserve reports, and contribute towards the development and submission of regulatory returns (e.g., SAM QRTs and FSCA Conduct of Business Returns).
• Take an active role in maintaining and improving data quality management processes, particularly as they relate to actuarial inputs and outputs.
• Participate in ongoing development and enhancement of actuarial models, tools, and reporting capabilities.

Requirements

• A degree in Actuarial Science or equivalent.
• Successful completion of at least the A1 and A2 Technical exams from ASSA, or an equivalent stage with the IFoA.
• Minimum of 2–3 years of relevant experience in the non-life insurance industry, ideally in a reserving or technical reporting role.
• Strong understanding of reserving techniques, actuarial modelling, and valuation principles applicable to short-term insurance.
• Familiarity with South African regulatory standards (e.g., SAM) and the IFRS17 framework.
• Demonstrated analytical ability, attention to detail, and a proactive approach to problem-solving.
• Experience communicating complex actuarial concepts to both technical and non-technical stakeholders.
• Advanced proficiency in MS Excel, with working knowledge of SQL and Power BI. Exposure to ResQ or similar reserving software will be an advantage.
• High level of accountability and commitment to producing high-quality work within deadlines