Actuarial Manager at FNB South Africa

Job Description

• To manage complex analyses and guiding both junior and senior team members, while maintaining proficiency across various fields.
• Ensure alignment with strategic objectives by consulting on broader business matters, managing intricate processes, and proposing and implementing diverse work streams.
• Deliver presentations to the board committee, regulators, and executive committee to support business goals.

Key responsibilities

• Develop tactical plans to drive revenue growth.
• Define and facilitate the Business customer service value proposition.
• Reshape, align, and enhance the customer service experience across the business.
• Drive strategic relationships with relevant peers to enable optimisation of the business value chain.
• Analyse information and reports to identify trends, discrepancies and inconsistencies for decision making purposes.
• Provide subject matter expertise and thought leadership in area of expertise.
• Develop tactical strategy and delivery plans in support of functional strategic objectives in partnership with leadership.
• Lead implementation of performance management plan that optimises delivery and builds a culture of recognition and fairness across the business area.
• Ensure development and implementation of the business Transformation plan and creation of an inclusive culture for employees.
• Demonstrate leadership behaviour through personal involvement, commitment, and dedication in support of organisational values.
• Demonstrates advanced technical expertise in a specialized area, along with basic to intermediate proficiency in various other fields. Possesses a thorough understanding of both strategic objectives and broader business considerations.
• Oversee data preparations and manage basic to intermediate analysis conducted by junior team members.
• Perform complex analysis independently and/or oversee complex analysis carried out by senior team members.
• Demonstrate professional judgement in areas of expertise and consult on broader business matters.
• Manage intricate processes and a medium-sized team.
• Establishing and upholding work streams to align with business objectives. Also proficient in proposing ideas and implementing work streams in diverse areas to support business objectives.
• Deliver presentations to the board committee, regulators, broader bank management, and the executive committee.
• Manage corporate the Actuarial team across reserving, capital modelling and IFRS17
• Create frameworks and standards for Corporate actuarial work
• Explore new techniques to enhance existing frameworks

Qualifications and Experience

• Minimum qualification: BSc degree in Actuarial Science
• Nearly Qualified Actuary (completed all core actuarial exams and actively working toward Fellowship)
• Experience: 6 - 10 years relevant experience of which at least 5 years in a Corporate Actuarial (Reserving, Capital Modelling and IFRS 17)
• Intermediate to advanced level of proficiency in SAS and SQL
• Intermediate to advanced level of experience in ResQ is essential
• Intermediate to advanced level of proficiency in Python will be an added advantage.
• Intermediate to advanced level of competence in Microsoft Excel.

End Date: March 26, 2026