Intermediate 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

Key Result Areas / Outputs

Finance, Risk Reporting and Capital:

Forms part of a high-performing team to prepare and review results, including soundness of reserves, capital and other metrics and ensure the reporting is 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 project objectives as and when these arise

Qualifications, Skills and Experience:

• Actuarial student with good exam progress
• At least 2 years actuarial experience
• Strong technical skills and attention to detail
• Financial reporting and/or valuation experience would be advantageous
• Knowledge of Prophet and/or Phyton would be advantageous
• 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 solutions
• Ability to gather a wide range of information, filter and then use in making sound and balanced decisions
• Strong business acumen

** Please note that the appointment may be made at a lower role size depending on the successful candidates’ experience and exam progress **

 

An exciting opportunity exists within the Personal Finance Actuarial Risk team offering exposure to an interesting combination of technical and business issues.  The role is responsible for producing the financial results for published and regulatory reporting for one of Old Mutual’s largest risk products, as well as to extract insights for business consideration. 

Skills

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

Competencies

Action Oriented

Balances Stakeholders

Builds Networks

Business Insight

Collaborates

Communicates Effectively

Cultivates Innovation

Decision Quality

Education

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

Closing Date

20 August 2026 , 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.

The Old Mutual Story!