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  • Posted: May 5, 2026
    Deadline: Not specified
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  • Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
    Read more about this company

     

    Actuarial Manager: Non-life Corporate Actuarial

    End Date: May 11, 2026

    Job Description

    Own Risk and Solvency Management (ORSA)

    • Manage and coordinate the ORSA process for Absa’ non-life insurance entities
    • Operate the ORSA projection model
    • Set and monitor quantitative risk appetite metrics
    • Perform stress and scenario testing as part of the Company’s ORSA processes
    • Maintain the ORSA model and identify areas of improvement
    • Communication of results to key stakeholders

    People Responsibilities

    • Manage a small team of actuarial analysts
    • Manage deliverables and timelines in own team

    Education and experience required

    • A Degree in Actuarial Science (Honours degree would be advantageous)
    • At least 5 years actuarial work experience within the non-life insurance industry
    • Newly or nearly qualified actuary with good exam progression towards qualifying as a Fellow actuary
    • Good understanding of the SAM Financial Soundness Standards for Insurers (FSIs) and experience in performing capital calculations
    • Experience in non-life reserving techniques and IFRS 17 reporting would be advantageous
    • Experience in extracting and transforming data and designing automated processes
    • Programming in SQL, Python or VBA would be advantageous

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Absa Group Limited (Absa) on absa.wd3.myworkdayjobs.com to apply

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