3 Actuarial Assistant jobs in South Africa

Actuarial Assistant

New
Sandton, Gauteng Hire Resolve

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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 23 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 Please Note, if you don't match the Requirements or Industry, you won't be considered for this role. Benefits Competitive salary. Contact Hire Resolve for your next career-changing move today Apply for this role today, contact Lidene Pienaar at Hire Resolve or on LinkedIn Send me your CV ! You can also visit the Hire Resolve website: hireresolve.us or email us your CV: Please use " Actuarial Assistant " as your subject line when applying via email We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise
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Actuarial Assistant

New
Sandton, Gauteng Hire Resolve

Posted today

Job Viewed

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Job Description

We are seeking a driven and technically skilled actuarial professional to join our 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 23 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 Please Note, if you don't match the Requirements or Industry, you won't be consider for this role Benefits Competitive salary. Contact Hire Resolve for your next career-changing move today Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn Send me your CV on 27 63 584 7231 (Whatsapp) You can also visit the Hire Resolve website: hireresolve.us or email us your CV: Please use " Actuarial Assistant " as your subject line when applying via email We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise
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Assistant Manager - AIS (Actuarial and Insurance Solutions) General Insurance

Midrand, Gauteng myDeloitte

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Job Description

Assistant Manager - AIS (Actuarial and Insurance Solutions) General Insurance
  • Full-time
  • At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens for which our global strategy is set. It unites Deloitte professionals across geographies, businesses, and skills. It makes us better at what we do and how we do it. It enables us to deliver on our promises to stakeholders, while creating the lasting impact we seek.

    Harnessing the talent of 450,000+ people located across more than 150 countries and territories, our size and scale puts us in a unique position to help change the world for the better—by bringing together the services we provide, the societal investments we make, and the collaborations we advance through our ecosystems.

    Deloitte offers career opportunities across Audit & Assurance (A&A), Tax & Legal (T&L) and our Consulting services business, which is made up of Strategy, Risk & Transactions Advisory (SR&T) andTechnology & Transformation (T&T).

    Are you ready to apply your knowledge and background to exciting new challenges? From learning to leadership, this is your chance to take your career to the next level.

    About the Division:

    Deloitte’sActuarial & Insurance Solutions (AIS) practice is a multi-disciplinary group with a primary focus on the insurance and financial services industry. Our AIS practice provides comprehensive actuarial, risk management, and advanced analytics services for Life and P&C insurance companies, reinsurance companies, pension plans, captives, and other organizations.

    Main Purpose of Job:

    To support the Leadership Team in the delivery of services to / at client premises on delegated engagement / project. There will be a strong focus on developing and providing IFRS17 based solutions for our clients.

    Minimum Qualifications

    • Fellow Member of the Actuarial Society of South Africa or equivalent – Manager / Senior Manager
    • Associate Member of the Actuarial Society of South Africa or equivalent – Senior Analyst / Assistant Manager
    • Minimum 3 years working experience
    • Significant experience in General Insurance
    • Experience in IFRS17 will be advantageous
    • Strong analytical and modelling capabilities
    • Pricing experience/knowledge will be an advantage
    • At least 3+ years of General Insurance including capital modelling and management, reserving and reinsurance is ideal
    • Specific experience of IFRS17, SAM (Solvency II) & General Insurance risk management will count strongly
    • Leadership Capabilities:

      • Living our Purpose - Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make
      • Talent development - Develops high-performing people and teams through challenging and meaningful opportunities
      • Performance drive - Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and borders
      • Influence - Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
      • Strategic direction - Understands key objectives for clients and Deloitte, aligns people to objectives and sets priorities and direction
      • Understanding of the audit and advisory businesses, and their interaction with wider firm locally and globally, strategy and challenges
      • Notable experience on providing Strategic Insights to Partners
      • Excellent industry and business knowledge
      • Demonstrated leadership skills
      • Ability to interpret, communicate and implement strategy
      • Demonstrated execution of complex projects within timeframes and cost
      • Experienced in development and delivery of professional presentations
      • Solid financial knowledge
      • Exceptional communication skills, both written and verbal with all levels of staff & leadership
      • Strong interpersonal and relationship-building skills
      • Excellent mentorship and coaching ability with desire to develop self and others
      • Strong client delivery focus
      • Highly adaptable, managing change and ambiguity with ease
      • Focus on quality and risk
      • Excellent problem-solving ability
      • Exceptional business acumen

      *Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.

      At Deloitte, we want everyone to feel they can be themselves and to thrive at work—in every country, in everything we do, every day.We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities. Weseek to create and leverage our diverse workforce to build an inclusive environment across the African continent.

      Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive. Deloitte may ask the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, depending on operational requirements.

      Be careful of Recruitment Scams: Fraudsters or employment scammers often pose as legitimate recruiters, employers, recruitment consultants or job placement firms, advertising false job opportunities through email, text messages and WhatsApp messages. They aim to cheat jobseekers out of money or to steal personal information.

      To help you look out for potential recruitment scams, here are some Red Flags:

      • Upfront Payment Requests :Deloitte will never ask for any upfront payment for background checks, job training, or supplies.
      • Requests for Personal Information :Be wary if you are asked for sensitive personal information, especially early in the recruitment process and without a clear need for it. Fraudulent links or contractual documents may require the provision of sensitive personal data or copy documents (e.g., government issued numbers or identity documents, passports or passport numbers, bank account statements or numbers, parent’s data) that may be used for identity fraud. Do not provide or send any of these documents or data. Please note we will never ask for photographs at any stage of the recruitment process.
      • Unprofessional Communication :Scammers may communicate in an unprofessional manner. Their messages may be filled with poor grammar and spelling errors. The look and feel may not be consistent with the Deloitte corporate brand.

      If you're unsure, make direct contact with Deloitte using our official contact details. Be careful not to use any contact details provided in the suspicious job advertisement or email.

      #J-18808-Ljbffr
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