Job Listing: Actuarial Supervisor

Recruiter:
Network Recruitment

Job Reference:
NFP015074/AND

Date Posted:
Friday, October 11, 2024

Location:
Johannesburg, South Africa


Exciting Opportunity for an Actuarial Supervisor

Are you an ambitious actuary eager to take the next step in your career? If you hold a qualification in Actuarial Science or are just one exam shy of becoming fully qualified, we have an exciting opportunity for you! Network Recruitment is seeking a dedicated Actuarial Supervisor to join our dynamic team in Johannesburg. This role is perfect for individuals with a robust background in financial reporting and valuations, ready to make their mark in a pivotal leadership position.

About the Role

As an Actuarial Supervisor, you will play a crucial role in driving actuarial excellence within our organization. Your primary responsibilities will revolve around generating and analyzing key financial metrics, guiding your team, and presenting insightful findings to senior management. This is a chance to showcase your technical expertise while cultivating a collaborative work environment.

Key Responsibilities

In your new position, you will be entrusted with a variety of essential tasks, including:

1. Financial Analysis

  • Generate IFRS17, MCEV (Market Consistent Embedded Value), and SAM (Solvency Assessment and Management) results. You will be responsible for analyzing these metrics, presenting them to senior management, and effectively communicating the key drivers behind these findings.
  • Use your analytical skills to provide insights that will support strategic decision-making processes.

2. Capital Oversight

  • Oversee the production and thorough analysis of capital calculations for relevant products. This involves ensuring that all calculations are accurate and comply with industry regulations and standards.
  • Collaborate with other departments to ensure that capital management strategies align with broader business objectives.

3. Ongoing Monitoring

  • Continuously monitor and analyze the financial impact of responsible products outside of traditional valuation periods. This proactive approach will help identify potential risks and opportunities, allowing for timely adjustments and strategic planning.

4. Team Leadership

  • Lead a small, talented team of actuarial professionals, fostering a culture of continuous learning and improvement. Your managerial experience will be invaluable as you provide coaching and mentorship to team members, helping them grow in their roles.
  • Encourage collaboration within the team, ensuring that everyone feels supported and empowered to contribute their ideas.

Qualifications

To be considered for the Actuarial Supervisor position, candidates should possess the following qualifications and experience:

  • Educational Background: A Bachelor’s Degree in Actuarial Science is essential. A solid educational foundation is crucial for this role, as it will support your understanding of complex actuarial principles and practices.
  • Professional Certification: You should either be a Fellow of the Actuarial Society of South Africa (FASSA) or be no more than two exams away from qualifying. This qualification is important as it reflects your dedication to the profession and your technical capabilities.
  • Experience: A minimum of five years of experience in financial reporting and valuations is required. This experience should ideally be in a similar actuarial role, where you have honed your analytical and presentation skills.
  • Managerial Experience: While not mandatory, having managerial experience is advantageous. This will enable you to lead your team effectively and foster a positive working environment.
  • Technical Skills: Proficiency in tools such as Prophet, Python, and SQL will be highly beneficial. These skills will enhance your ability to perform complex analyses and streamline actuarial processes.

Why Work with Us?

At Network Recruitment, we believe in investing in our team members. By joining us, you will be part of a vibrant and supportive work culture that values collaboration, innovation, and professional growth.

Benefits of Joining Our Team:

  • Career Development: We prioritize the growth of our employees. You will have access to various training programs and resources designed to enhance your skills and advance your career.
  • Dynamic Work Environment: Work alongside passionate professionals who share your enthusiasm for actuarial science. The collaborative atmosphere will foster creativity and innovative thinking.
  • Competitive Compensation: We offer a competitive salary package commensurate with your experience and qualifications, along with a range of employee benefits.

Application Process

If you’re ready to take your career to the next level as an Actuarial Supervisor, we encourage you to apply! Your expertise and leadership could make a significant difference in our team and the broader organization.

To submit your application, please visit the following link: Apply Here. We look forward to reviewing your application and potentially welcoming you to our team.


In conclusion, this is a unique opportunity for a qualified actuary looking to make an impact in the field of actuarial science. If you have the required qualifications and are excited about the prospect of leading a dedicated team, don’t hesitate to reach out. Join us at Network Recruitment, where your skills will shine and your career can flourish in the dynamic landscape of Johannesburg.

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