Actuarial Manager OMAR Growth Markets

Johannesburg - South Africa

Monthly Salary: Not Disclosed

Posted on: 10-08-2025

Vacancies: 1 Vacancy

The job posting is outdated and position may be filled

Job Summary

Lets Write Africas Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

An exciting opportunity exists within the Old Mutual Africa regions (OMAR) actuarial team that offers exposure to an interesting combination of technical and business issues. This is an opportunity to participate in OMARs growth markets Botswana Kenya Uganda Ghana and eSwatini.

Reporting to the Finance Actuary of OMAR the role requires sound technical knowledge of Financial Reporting requirements and OMAR product range with strong planning and delivery this role you will lead a team of actuaries.

Financial Business & Risk Reporting: Effective and timeous delivery of valuation results covering IFRS profits value measures solvency and risk metrics for different stakeholders including: In-country management OMAR Central Head of Life Businesses OML Group Actuarial reporting OMAR Enterprise risk management Balance Sheet Management and the Office of the Chief Actuary

Business Planning & Forecasting: Provide actuarial modelling and other input into the segment business plan and other strategic initiatives.
Process efficiency and automation: Ensure processes are efficient robust fit for purpose and operated within an adequate and effective control environment.
Ad-hoc projects: Support the delivery of relevant project objectives as and when these arise.
Business support: Use actuarial knowledge and skills to provide strategic support to the business and individual OMAR countries on various projects.
Leading a team manage train and mentor an actuarial team.

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Requirements: Skills Qualifications Experience required

A qualified Actuary with at least 8 years relevant valuation experience.
Ability to think strategically and provide business insights.
Strong technical skills and attention to detail.
IFRS17 implementation experience would be an advantage.
Ability to communicate effectively to diverse technical and non-technical audiences (written and verbal).
Experience leading a team.
Strong stakeholder engagement skills.
Ability to collaborate effectively with others.

Skills

Action Planning Adaptive Thinking Agile Project Management Data Compilation Data Controls Executing Plans Financial Acumen Identifying Customer Needs Information Management Insurance Product Management Insurance Sales Legal Practices Negotiation Policies & Procedures Risk Management Workflow Management

Competencies

Balances Stakeholders

Builds Effective Teams

Builds Networks

Business Insight

Communicates Effectively

Decision Quality

Ensures Accountability

Financial Acumen

Education

Bachelor of Science (BSc): Actuarial Science (Required)

Closing Date

03 October 2025 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!

Required Experience:

Manager

Lets Write Africas Story Together!Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job DescriptionAn exciting opportunity exists within the Old Mutual Africa regions (OMAR) actuarial team that offers exposure to an interesting combination of technical an...