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Actuarial Assistant Manager

Location:  Johannesburg
Other locations:  Primary Location Only
Salary: Competitive
Date:  08-Mar-2023

Job description

Requisition ID:  1393032

Job Description

We’re currently looking for a Life Actuarial Assistant Manager to play a leading role in our dedicated Actuarial team. It’s a rapidly growing area supported by an increased focus on risk across the industry. That makes this a great time to join a high-performing team where you’ll be surrounded by some of the most interesting and knowledgeable actuarial professionals in the industry.


Who we are

Our values define who we are

  • People who demonstrate integrity, respect, teaming and inclusiveness.
  • People with energy, enthusiasm and the courage to lead.
  • People who build relationships based on doing the right thing.


The opportunity

Risk has never been as important in Insurance at it is today, and that trend is only set to continue. It’s all about predicting future events in an increasingly ambiguous market. To stay ahead, we’re diversifying our risk capabilities and using innovative new tools and processes, and this is your chance to make a big impact on that vision.

Our dynamic Actuarial practice is a market leading service, covering all segments of the  life and non-life insurance industries. Our team forms part of the wider Financial Services Risk Team, which includes quants and banking risk and regulatory experts. Put simply our experts deliver creative and innovative thinking to clients worldwide, supporting them in making confident financial judgements that will help them achieve their ambitions. Here, you’ll be right at the heart of that goal, learning everything you’ll need to become a trusted professional.


Your key responsibilities

  • Developing a comprehensive understanding of actuarial processes and tools, all while prioritizing and creating work plans
  • Providing audit support on IFRS4, IFRS17 and Solvency Assessment and Management
  • Potentially supporting on HAF engagements for life insurers and life reinsurers
  • Supporting value-adding projects covering a wide range of areas, such as life risks, investments, risk management, capital management and resilience
  • Building lasting relationships at all levels while working to understand each client’s unique objectives and motivators
  • Keeping up to date with industry and regulatory news and trends, and actively identifying risks or opportunities to improve and expand our services
  • Further developing our team by coaching and mentoring junior colleagues
  • Continually learning and sharing your knowledge with the wider actuarial team


We’ll look to you to take a holistic approach to the role, developing your skills and knowledge in multiple areas. That means you won’t just be working on one specific area, but rather you would get exposure to a broad range of actuarial work. You’ll add value beyond what’s traditionally expected. You’re likely to spend most of your day working on your projects and collaborating with team members, with occasional direct meetings with other stakeholders to monitor and discuss progress.


Skills and attributes for success

  • 2+ years’ experience in the Life Insurance industry
  • 1-2 Actuarial Exams outstanding, preferably with specialisation in life
  • Experience in financial reporting (SAM/Solvency II, IFRS, EV) preferential
  • A strong sense of commercial awareness


Ideally, you’ll also have

  • The executive presence and confidence to work with senior clients
  • A global mindset with an appreciation of how organizations must respond to new risks that the forces of globalization bring


What we look for

More than anything, we’re interested in people with the right attitude for the job and that live our values! That’s naturally entrepreneurial people that feed on the energy of a thriving global team. You’ll need a balance of technical and analytical skills, a creative approach to work and strong communication skills. Put simply, if you’ve got big ideas on how we can do better, as well as the confidence to voice them, this role is for you.


What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance.

Our comprehensive Total Rewards package includes support for flexible working, career development and with FlexEY you can select benefits, which suit your needs, covering holidays, health and well-being, insurances, savings and a wide range of discounts, offers and promotions. Plus, we offer:

  • A position in a business that truly recognizes the importance of strong risk capabilities
  • Opportunities to develop your skills in a wide range of areas, supported by regular feedback from senior-level colleagues
  • Plenty of chances to build lasting professional relationships both internally and externally
  • A culture that recognizes success and rewards excellence


About EY

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.


Apply now »