Head Of Reserving

Head of Reserving - Johannesburg, South Africa - MalanderDescriptionMalander seeks an experienced Head of Reserving to lead strategic development of actuarial reserving processes and methodologies, leveraging AI solutions and analytics to drive informed decision-making and support business development.Job SummaryLead the development of actuarial reserving processes and methodologies, leveraging AI solutions and analytics to drive informed decision-making and support business development.Key ResponsibilitiesCore Corporate Actuarial FunctionDevelop, enhance and implement robust reserving processes and methodologies using actuarial and advanced modelling techniquesMonitor experience and assess reserve adequacy, making enhancements as necessary based on emerging data and trendsAnalyse historical experience to assist Senior Management with strategic decision-making processesEnsure compliance to relevant regulatory requirements and standardsLeadership and InnovationDefine and articulate a strategic vision for the future development of the reserving functionLead initiatives to streamline processes and enhance the scalability of reserving methodologiesChampion innovation and collaboration within the actuarial teamStakeholder EngagementCollaborate with underwriting, finance, claims and pricing teams to optimise the reserving processManage deliverables and relationships with external audit, Head of Actuarial Function, Group Risk and the Prudential AuthorityPresentations to the Actuarial Committee and Senior Management on model enhancements and financial resultsEducation and Experience4 years proven experience in a Short-Term Insurance organisationHonours degree in Actuarial ScienceFellow of the Actuarial Society of South Africa (FASSA)
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