About Deloitte:

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415 000 people worldwide make an impact that matters at www.deloitte.com

About the Division:

Deloitte’s Actuarial & Insurance Solutions (AIS) practice is South Africa’s preeminent actuarial advisory practice, with a deep reach and expertise across the insurance and financial services industries. We are the largest actuarial consultancy in Africa with more than 150 actuarial staff and more than 50 qualified actuaries. Our AIS practice provides comprehensive actuarial, risk management, and advanced analytics services for Life and Non-Life insurers and reinsurers, regulators, automotive players, retirement fund providers and other related organisations.

Within AIS, the Extended Delivery Team (EDT) provides consulting services to the Deloitte UK Actuarial practice. The team provides a wide range of services to a variety of UK and multinational insurers.

Main Purpose of Job

We are looking for Actuarial Analysts (with at least 2 years of experience) to Senior Actuarial Analysts with Life Insurance experience to join the EDT.

The roles provide, an opportunity to develop a deep understanding of technical issues by delivering on a wide variety of projects within the EDT. These include but are not limited to:

• Reserving, and capital modelling
• IFRS 17, Solvency II and other regulatory projects
• Large scale projects to transform insurer’s financial, actuarial, and reporting processes
• Actuarial specialist work on external audits of a wide range of insurers
• Due Diligence and support for a variety of insurer Corporate Transactions
• Model validation work

Minimum Qualifications      

• An actuarial science degree with a preference for candidates that have completed an Honours degree.
• Partly qualified actuaries showing good progress through the actuarial exams.

 Minimum Experience           

• Minimum of 2 years working experience  
• Working experience in the Life Insurance actuarial domain is preferred
• Actuarial valuation experience
• Experience of capital and solvency calculations, reserving and reinsurance will be advantageous
• Experience in IFRS17 will be an advantage 

What are we looking for

• A proactive mindset
• Ability to take on projects (which may be new and unfamiliar) and delight our clients
• Desire to grow into a trusted adviser to our clients
• Strong communication skills
• Ability to work in multi-disciplinary environment
• Proven ability in the Life Insurance industry
• Attention to detail and quality focus

Why Deloitte?
At Deloitte, we create positively differentiated work experiences that enable our people to feel valued and achieve their full potential. Deloitte Africa opens the door to a career that can cross borders virtually and physically across the African continent and globally to gain experience and access projects beyond our borders. We value difference, and embrace people with diverse backgrounds, experiences, gender identities, abilities and thinking styles. Knowing that people work best in a variety of ways, we are happy to discuss alternative arrangements if the working pattern you are looking for is not specifically indicated.

*Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.

At Deloitte, we want everyone to feel they can be themselves and to thrive at work—in every country, in everything we do, every day. We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities. We seek to create and leverage our diverse workforce to build an inclusive environment across the African continent.