About Deloitte:

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people 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 140 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.

Main Purpose of Job

We are looking for Actuarial Manager with Life Insurance experience to join the External Delivery Team (EDT). 

The role provides 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 5-7 years of relevant working experience in the Life Insurance actuarial domain
• Actuarial valuation experience  
• Experience of capital and solvency calculations, reserving and reinsurance will be advantageous 
• Experience in IFRS17 is preferred

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.