Head Of Modelling (actuarial): Life Insurance

Absa

**
Qualified actuary status required
Extensive life assurance product knowledge
Advanced prophet software skills
** Absa is seeking a Head of Modelling for its Life Insurance division, responsible for overseeing actuarial models used for valuations and reporting. The ideal candidate should be a qualified actuary with extensive experience in life assurance products and advanced proficiency in Prophet software. **

Job Summary

  • The role provides overall responsibility for Absa Life's actuarial models used for valuations and reporting under IFRS, SAM, and Embedded Value frameworks.
  • Candidates will manage the modelling team, implement developments within governance frameworks, and monitor experience variances to ensure model appropriateness.
  • The position involves leading initiatives to improve Prophet modelling efficiency and exploring alternative platforms to reduce costs and run times.

Matching Summary

Match Score: 75

** Absa is seeking a Head of Modelling for its Life Insurance division, responsible for overseeing actuarial models used for valuations and reporting. The ideal candidate should be a qualified actuary with extensive experience in life assurance products and advanced proficiency in Prophet software. **

Skills & Requirements

Must-have

  • Qualified actuary status required
  • Extensive Life Assurance product knowledge
  • Advanced Prophet software skills
  • Knowledge of IFRS17 SAM and EV
  • Minimum 7 years work experience

Nice-to-have

  • Experience with reinsurance products
  • Skills in R and Python programming
  • Ability to identify alternative platforms
  • Strong relationship management capabilities

Key Requirements

  • Qualified actuary (part qualified considered)
  • Bachelor's degree in Business or Commerce
  • Minimum 7 years relevant work experience

Work Rights

Not specified

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