Actuarial Manager

Bellville, WC, ZA, South Africa

Job Description

Introduction

Are you a qualified or nearly qualified actuary looking to make your mark?



Momentum Group Finance is seeking a driven and detail-oriented

Actuarial Manager

to join our dynamic Corporate Actuarial team. In this role, you'll play a key part in actuarial valuations, reporting, and consolidation, with exposure across IFRS, SAM, and Embedded Value reporting. This is a unique opportunity to apply your expertise in analysis, optimisation, and financial forecasting while partnering with stakeholders to drive meaningful business impact.



Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.


Role Purpose


To provide actuarial expertise within the Momentum Group Finance-Corporate Actuarial team, focusing on valuations, reporting, and consolidation. The role is responsible for reviewing, analysing, and optimising actuarial processes, including liabilities, surplus analysis, budgets, cash flow projections, and sensitivities. This position plays a critical role in delivering accurate and insightful outputs across IFRS, SAM, and Embedded Value reporting, enabling informed decision-making and driving continuous improvement.



Requirements

MINIMUM QUALIFICATIONS:



Bachelors degree in Actuarial Science or equivalent required
Nearly / qualified actuary with good progress in completing normative skills to become a Fellow

MINIMUM EXPERIENCE:





3 - 5 years relevant experience in a life insurance actuarial valuations and/or reporting role
A good working knowledge of the MS-Office packages is required
Advanced Microsoft Excel capabilities required
Good working knowledge of SQL and/or other databases/programming languages/modelling software is preferable



Duties & Responsibilities

Ensure accuracy of data and reporting of financial results and forecasts

(Internal Process):



Consolidate and analyse quarterly valuation results, including:
o Earnings and IFRS reporting

o Embedded Value and Value of New Business reporting

o Capital and solvency requirements reporting

o Stress and scenario testing, e.g. EV sensitivities

o Budgets, forecasts and projected balance sheet

Provide detailed insights to support proactive management of the book of business
Identify and implement process improvements in collaboration with stakeholders
Support and report on annual actuarial basis reviews



Competencies



Business Acumen
Client/ Stakeholder Commitment
Drive for Results
Leads Change and Innovation
Collaboration
Impact and Influence
Self-Awareness and Insight
* Diversity and Inclusiveness

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Job Detail

  • Job Id
    JD1531449
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bellville, WC, ZA, South Africa
  • Education
    Not mentioned