Executive Actuary at Robert Walters

Job Summary/Introduction

The incumbent will be responsible for the Actuarial function for the Group, including but not limited to managing and providing assurance on actuarial control and governance, product, pricing, reinsurance, and business partnering within the Group.
Description

Key Areas of Responsibility:

• Oversee and manage the regulatory responsibilities of the Actuarial function and Actuarial Department.
• Oversee the development, monitoring and steering of products and actuarial pricing.
• Manage the department through effective performance reviews and ensuring that the team meets reporting and other deadlines.
• Provide team members with continuous growth opportunities through ongoing coaching and mentoring.
• Professional representation and active participation on various committees/meetings.
• Represent the actuarial department on actuarial matters in meetings with all Groups Divisions, Exco, and industry representatives.
• Represent the Group on actuarial matters in meetings with rating agencies, public officials, and industry analysts.
• Interact with appropriate actuarial and regulatory committees on developing initiatives of importance to the organisation.
• Attend and participate in meetings of the Board, Risk Committee, Actuarial Committee, Investment Committee.
• Reporting, Legal and Compliance and Risk Management within the Actuarial function.
• Provide high quality advice and actuarial services to clients, consistently meeting approved quality standards.
• Enhance decision-making through the development of new risk management/mitigation tools as it relates to the actuarial function.

Candidate's Profile

Qualifications and Experience required:

• Must be a Qualified Actuary and a Bachelor's Degree in Actuarial Science.
• Must be a fellow of the Actuarial Society of South Africa.
• IFRS 17 experience (advantageous).
• Over 10 years post-qualification experience progressive related experience developing strategies, managing major initiatives and delivering results within an actuarial function.
• More than 6 years of people leadership experience in building, managing and high-performing teams is required.
• Experience at senior manager level.

Knowledge Skills and Experience required:

• Advanced actuarial technical expertise and product specific knowledge.
• Experience collaborating with key resources and stakeholders and managing work to achieve strategic goals required.
• Extensive experience with reserving, actuarial and capital modelling, and valuations in the life and non-life space.
• Detailed knowledge and experience of current insurance legislative framework and prudential requirements.
• Executive-level business acumen in the areas of business operations, industry practices and emerging trends required.
• Strong knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
• Sound experience in product development and pricing
• Must have Knowledge of reinsurance
• Analytical thinking, Business insight, and Complex problem-solving
• Strategic Leadership (Strategic thinking and planning)
  Synthesizing and consolidating information