The Head of Corporate Actuarial is responsible for leading and overseeing all actuarial valuation, financial reporting, capital, and regulatory actuarial activities for the Life Insurance business
Job Summary
The Head of Corporate Actuarial is responsible for leading and overseeing all actuarial valuation, financial reporting, capital, and regulatory actuarial activities for the Life Insurance business.
The role ensures high quality IFRS, SAM, and Embedded Value (EV) results, robust actuarial insights to management, and strong governance over models, assumptions, data, and methodologies.
Lead and mentor a team of 25 – 30 actuaries, modellers, and data specialists, building a culture of technical excellence, accountability, continuous improvement and career development.
Matching Summary
The Head of Corporate Actuarial is responsible for leading and overseeing all actuarial valuation, financial reporting, capital, and regulatory actuarial activities for the Life Insurance business.
Skills & Requirements
Must-have
IFRS 17 actuarial liabilities
SAM regulations and capital
Embedded Value methodology
Valuation Model Development
actuarial transformation roadmap
strong control environment
Nice-to-have
strategic decision making support
people leadership and mentoring
continuous improvement culture
collaboration across teams
Key Requirements
Fellow of the Actuarial Society of South Africa (FASSA)
12+ years actuarial experience in Life Insurance
Demonstrated leadership in valuations, IFRS 17, SAM and EV reporting
Experience managing modelling teams and actuarial transformation
Proven record of influencing business decisions with CFOs and senior executives