Actuarial Business Partner

Let's Write Africa's Story Together!

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

• Lead actuarial and financial coordination for the L&S CFO across the recurring reporting, planning, forecasting and performance-management cycle.
• Translate results, plans and forecasts into concise analysis and commentary that informs CFO and ExCo decisions.
• Act as the coordinating link between Group, the L&S Cluster and the BUs, aligning priorities and inputs to reduce duplication, conflicting requests and rework.

• Direct the coordination of L&S inputs into monthly, interim and year-end reporting, producing clear and consistent commentary for internal reporting and Group-led external reporting.
• Integrate the L&S business plan and forecasts, explain the main earnings, value, capital, cash, expense and volume drivers, and challenge the completeness and consistency of assumptions.
• Escalate material performance issues or assumptions requiring deeper review to the appropriate accountable function.
• Manage expense and cost savings related reporting.

• Drive effective AFF and related governance forums through focused agendas, rigorous review, clear escalation, decision records and disciplined action tracking, ensuring effective functioning of the Actuarial Control Cycle across the Cluster.
• Ensure that material experience, valuation, capital and reporting issues are surfaced through AFF and assigned to the appropriate accountable function.
• Establish consistent definitions, methods, controls and reporting expectations across L&S, while execution remains with the relevant BU or specialist team.

• Identify material performance issues through reporting, planning and actuarial governance, and recommend appropriate follow-up.
• Provide technical actuarial and commercial input on finance initiatives requiring judgment across IFRS 17, EV, capital and business performance. 
• Lead competitor analysis across major South African insurers, translating peer results into actionable insights. 

• Qualified actuary with at least 8–10 years’ actuarial experience, including substantial post-qualification experience.
• Strong experience in financial and actuarial reporting, business planning, forecasting and executive commentary within life and savings.
• Broad understanding of the actuarial control cycle and of life and savings products, valuation, capital and value metrics, including IFRS 17, EV/RoGEV, VNB and SAM/Solvency.
• Sound commercial judgement, with the ability to interpret technical analysis, identify material issues and explain implications clearly.
• Excellent written and verbal communication skills, with the ability to produce clear reporting commentary and executive narrative from complex information.
• Proven ability to coordinate and influence senior stakeholders across BUs, L&S and Group without relying on direct authority.
• Strong planning, prioritisation and stakeholder-management skills, with the ability to work across multiple businesses and reporting cycles.

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!