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Actuarial Manager - Johannesburg / Cape Town

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EY

18d ago

  • Job
    Full-time
    Mid Level
  • Consulting
    Research & Development
  • Johannesburg

AI generated summary

  • You need 3.5+ years in Life/Non-Life Insurance, FASSA qualification, managerial experience preferred, strong self-management, financial reporting knowledge, and a proactive, curious mindset.
  • You will manage actuarial audits, support HAF engagements, handle projects on IFRS 17 and climate change, mentor juniors, and share knowledge within the actuarial team.

Requirements

  • 3.5+ years’ experience in the Life or Non-Life Insurance industry
  • FASSA, preferably with specialisation in life or non-life
  • Managerial experience would be advantageous
  • Strong self-management and structured in the way they work
  • Team player and proactive, self-starter
  • Experience in financial reporting (SAM/Solvency II and IFRS) preferential
  • Consulting experience would be advantageous
  • Critical thinker and solution-orientated approach
  • Curious mindset and keenness to learn

Responsibilities

  • Managing IFRS 17 and Solvency Assessment and Management actuarial audits for life or non-life insurers
  • Supporting the Head of Actuarial Function and managing HAF engagements for life or non-life insurers and reinsurers
  • Managing/supporting on engagements covering Transformation, Climate Change, ERM frameworks, ORSA, Risk Appetite or other topics
  • Managing/supporting on value-adding projects covering IFRS17 implementation and other topics related to trends in the actuarial field
  • Further developing our team by coaching and mentoring junior colleagues
  • Continually learning and sharing your knowledge with the wider actuarial team

FAQs

What qualifications are required for the Actuarial Manager position?

Candidates should have 3.5+ years of experience in the Life or Non-Life Insurance industry and a FASSA qualification, preferably with a specialization in life or non-life.

Is managerial experience a necessity for this role?

While not a necessity, having managerial experience would be advantageous for this position.

What areas will the Actuarial Manager be involved in?

The Actuarial Manager will manage IFRS 17 and Solvency Assessment and Management actuarial audits, support the Head of Actuarial Function, and manage engagements covering Transformation, Climate Change, ERM frameworks, and more.

What type of projects will the Actuarial Manager be working on?

Most work will be project-based, covering various topics such as IFRS17 implementation and other trends in the actuarial field.

Is consulting experience beneficial for this role?

Yes, consulting experience would be advantageous for candidates applying for the Actuarial Manager position.

What is the team culture like in the actuarial practice?

The team values a growth mindset environment and collaborative culture, emphasizing teaming, proactivity, diversity, and inclusion.

How does the company support the professional development of its employees?

The company encourages continual learning and sharing of knowledge, and the Actuarial Manager will have the opportunity to coach and mentor junior colleagues.

What values does EY prioritize in their employees?

EY values integrity, respect, teamwork, inclusiveness, energy, enthusiasm, courage, and building relationships based on doing the right thing.

Where are the office locations for this role?

The Actuarial Manager can be based in Johannesburg or Cape Town, with the team present in several locations across Africa including Mauritius, Nairobi, and Lagos.

What is the overall mission of working at EY?

EY aims to build a better working world by hiring passionate individuals and fostering a culture that provides training, opportunities, and creative freedom for employees.

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Mission & Purpose

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. Find out more about the EY global network http://ey.com/en_gl/legal-statement