🌿 Back to all jobs
🥝 Head of Model Development
Boardroom Appointments | johannesburg, South-Africa | Posted June 19, 2026
Job Description
Qualifications
- Qualified Actuary (passed all subjects) and registered as a fellow Actuary. (Applicants who are not qualified actuaries but have more than 4 years of Valuations experience will also be considered.)
- Advanced Prophet knowledge required.
Key Accountability
Perform complex actuarial production processes under limited supervision to support sound management of business performance and financial risk. Processes include:
- Utilize Prophet (conventional, unit-linked, and summary libraries) to ensure the accurate calculation of financial reporting metrics, including:
- IFRS17: Fulfilment cashflows, risk adjustment, and contractual service margin.
- Embedded value: Adjusted net worth, present value of future profits, and cost of capital.
- SAM: Technical provisions and life non-market risk solvency capital requirements.
- Relationship Management with 3rd Party Prophet Software Pr...