Key Responsibilities:

• Develop, maintain, and enhance actuarial models to support financial reporting and risk management objectives.
• Act as the actuarial modelling subject matter expert, ensuring accurate calculation of key financial metrics, including fulfilment cash flows, risk adjustments, contractual service margin, technical provisions, and solvency capital requirements.
• Provide analytics and financial reporting support, including analysis of surplus, embedded value, and own funds, as well as preparation of management information for governance forums.
• Perform first‑line quality assurance reviews to ensure model outputs are accurate, reliable, and suitable for sound business decision‑making.
• Ensure strong model governance through detailed documentation, oversight of model changes, and effective engagement with internal and external stakeholders.
• Manage relationships with third‑party model software providers and act as the primary point of contact for model‑related queries.
• Lead and develop actuarial talent, with responsibility for up to two direct reports.

Job Experience and Skills Required:

Education:

• Qualified Actuary with all professional examinations completed and registration as a Fellow.
• Candidates who are not fully qualified but have more than four years’ actuarial valuation experience will also be considered.

Experience:

• Extensive experience in actuarial model development and production environments.
• Strong exposure to financial reporting and capital frameworks within a life or long‑term insurance context.
• Proven experience overseeing model governance, quality assurance, and stakeholder engagement.
• Demonstrated people management or technical leadership experience advantageous.

Skills:

• Advanced proficiency in Prophet actuarial modelling software.
• Strong analytical capability with the ability to interpret, explain, and challenge model outputs.
• Advanced Microsoft Excel skills; strong reporting and presentation ability.

Non‑Negotiables:

• Advanced Prophet expertise.
• Strong attention to detail and commitment to a robust control environment.
• Excellent communication skills with the ability to engage both technical and non‑technical stakeholders.
• Ability to operate with limited supervision and take accountability for complex deliverables.

Apply now!

For more exciting Finance vacancies, please visit:
https://www.networkrecruitmentinternational.com

I also specialise in recruiting in the following:

- Actuarial roles (Life, Short-Term, Health, Pensions, Quantitative)
- Data Scientists / Data Analysts (Python, R, SQL, Machine Learning)
- Risk Analysts (Credit, Market, Model Risk, Operational)
- Pricing Specialists (Insurance, Financial Products)
- Machine Learning & AI Data Scientists (ML Ops, NLP, Predictive Modelling)
- Quantitative Specialists across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

For more information, contact:

Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn!
https://www.linkedin.com/in/heidi-joubert-1877a236/