Actuarial Manager

Your time is now to be your exceptional best at Old Mutual!

Job Description

A key focus will be to lead a team of professionals responsible for valuation, reporting and the extraction of business insights to inform management decision making.

The individual will report to the Retail Mass Finance Actuary and work closely with the CFO of MFC and the Business Partner Actuary to ensure all reporting requirements are well understood and deliveries met. The role requires sound technical knowledge and a large element of management and coaching. Stakeholder engagements will focus on the key financial drivers across the product ranges, financial metrics and insights extracted for business consideration. The role will participate in various projects which will present opportunities to develop further insights and influence reporting within and across the Business and Finance Community.

Key Result Areas

• Financial & Risk Reporting: Effectively manage the team to ensure that valuation, capital and other risk reporting are produced with appropriate supporting analysis and commentary.
• Business Partnering: Extract insights for business consideration and collaborate effectively with both business and specialized areas across all levels.
• Support product development and product reviews.
• Business Planning / Forecasting: Produce information for forecasting and ongoing monitoring of the financial impacts of the business strategy.
• Reporting Capability: Ensure processes and models are efficient, robust and fit for purpose. Drive synergies and standardization and ensure the control environment is adequate and effective.
• Projects: Support the delivery of relevant projects objectives as and when these arise.

Requirements: Skills, Qualifications and Experience required

• Qualified Actuary, extensive actuarial experience
• Management track record is essential
• Financial reporting and/or valuation experience

The following would also be advantageous:

• Experience in process improvement and optimisation
• Local life insurance knowledge including knowledge of the environment, products and systems
• Prophet experience

Key behavioral skills and attributes required to fulfill this role:

• Self-motivated and energetic individuals who enjoy the challenge of tackling complex issues
• Excellent interpersonal and communication skills, including the ability to influence stakeholders outside his/her immediate area
• Organisation and Planning
• Ability to work on a wide range of deliverables at once, drive projects to completion
• Strong sense of ownership, requiring minimal guidance
• Ability to gather a wide range of information, filter and then use in making sound and balanced decisions
• Strong business acumen

Skills

Education

Bachelor of Science (BSc): Actuarial Science (Required)

Closing Date

18 July 2023

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutuals Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.