Actuarial Modernisation Lead

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 responsibilities:

• Develop and execute the actuarial modernisation roadmap aligned to business and actuarial strategy.
• Influence actuarial modernisation priorities through engagement with senior management and governance forums.
• Identify opportunities to simplify and optimise actuarial modelling, valuation and reporting processes.
• Lead initiatives that reduce operational complexity, manual intervention and risk across actuarial processes.
• Test and develop modern actuarial technologies, platforms and automation capabilities.
• Champion best practice architecture, reusability and standardisation.
• Partner with enterprise data teams to align actuarial solutions with broader data strategy.
• Drive integration between actuarial models, data platforms and reporting environments.
• Ensure embedment of new solutions via training and knowledge share with production teams
• Liaise with stakeholders across the group as well as external parties to source solutions and develop best practice methodology

Key Result Areas / Outputs:

• Reduction in actuarial reporting cycle times.
• Increased automation of valuation and reporting processes.
• Simplified and standardised reporting architecture.
• Enhanced process governance and auditability.
• Measurable reduction in key-person dependencies.
• Implementation of scalable actuarial data and reporting solutions 
• Translate business problems into practical, scalable, and maintainable technical solutions. 
• Own solutions from concept and requirements through to development, testing, implementation, and support. 
• Continuously improve operational processes, automation solutions, and processing infrastructure.

Qualifications, Skills and Experience:

Technical Skills:

• Experience with actuarial valuation environments and processes
• Experience with actuarial modelling software
• Actuarial data management (SQL, Python, Power BI etc.)
• Experience with process automation tools and techniques
• Experience with cloud-based solutions

Qualified or nearly qualified actuary with 6 or more years of experience in actuarial valuation, reporting, systems design, architecture or transformation environments

 

Role Details:

Lead the reimagination of our actuarial reporting value chain and build a sustainable, future-fit actuarial environment.

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 Stakeholders

Builds Networks

Business Insight

Collaborates

Communicates Effectively

Cultivates Innovation

Decision Quality

Drives Results

Education

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

Closing Date

04 October 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!