INED- Actuary Member

Job Summary
We are seeking a seasoned Actuary to join an insurance board. The ideal candidate will possess strong analytical abilities and a deep understanding of financial concepts, statistics, and risk analysis. This role involves using advanced statistical software and programming languages to evaluate financial data, assess risks, and contribute to strategic decision-making processes. The Actuary will play a crucial role in developing financial models, conducting predictive analytics, and providing insights that drive business growth.

Responsibilities:

• Governance -King IV principles, ethical leadership
• Regulation -Insurance Act, FSCA/PA requirements
• Risk -SAM, ORSA, risk frameworks
• Compliance -Legal and conduct standards
• Audit & Finance-Internal controls, financial oversight
• Actuarial -Engagement with HoAF, reserving, solvency
• Policyholders - TCF, market conduct, product governance
• Strategy- Long-term sustainability and oversight
• Ethics- Independence, conflict management
• Development- Board evaluations, CPD

Requirements:

• Actuarial degree (e.g., FIA, FASSA)
• MBA /BCom / BAcc / BBusSci/ CA(SA) /LLB or equivalent
• Board membership experience