Senior Actuarial Specialist

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

An exciting opportunity exists within the Personal Finance Actuarial team offering exposure to an interesting combination of technical and business issues. The role is responsible for consolidation and review of financial results for published and regulatory reporting, as well as to extract insights for business consideration. The role also assists in client management of all internal stakeholders and Auditors.

Key Result Areas

• Finance, Risk Reporting and Capital:  Consolidate and review results, including soundness of reserves, capital and other metrics and ensure consolidated reporting produced with appropriate supporting analysis and commentary.

• Business Insights: Extract insights and understand the drivers of key financial metrics for business consideration. 

• Business Planning/Forecasting/Monthly Reporting:  Produce information for monthly reporting and forecasting and ongoing monitoring of the financial impacts of the business strategy.

• Business Partnering: Effectively collaborate with business and other specialized areas such as Accounting, Product Development and Balance Sheet Management.

• Reporting Capability:  Ensure processes and models are efficient, robust and fit for purpose.  Drive synergies, standardization and continuous improvement and ensure the control environment is adequate and effective.

• Projects:  Support the delivery of relevant projects objectives as and when these arise

• Training and development of other team members

Requirements: Skills, Qualifications and Experience required

• Qualified actuary or nearly qualified actuarial student

• At least 4 years actuarial experience

• Financial reporting and/or valuation experience

• Strong technical skills and attention to detail

• Knowledge of Personal Finance environment, products and systems would be advantageous

Key behavioural skills and attributes required to fulfil this role:

• Self-motivated and energetic individuals who enjoy the challenge of tackling complex issues

• Ability to communicate effectively to diverse technical and non-technical audiences (written and verbal)

• Ability to collaborate effectively with others, with strong stakeholder engagement skills

• Organisation and planning

• Ability to work on a wide range of deliverables at once, drive projects to completion

• Strong sense of ownership and proactively seeking for solutions

• Ability to gather a wide range of information, filter and then use in making sound and balanced decisions

• Strong business acumen

Competencies

• Strategy

• Innovation

• Leading with Influence

• Collaboration

• Customer First

• Execution

• Personal Mastery

Skills

Analytical Thinking, Computer Literacy, Data Compilation, Data Controls, Executing Plans, Information Management, Insurance Product Management, Insurance Sales, Legal Practices, Market Analysis, Numerical Aptitude, Risk Management

Competencies

Balances StakeholdersBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyCultivates InnovationDecision QualityDrives Results

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

08 July 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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