Associate Director| Actuarial and Insurance Solutions

About Deloitte:

At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens for which our global strategy is set. It unites Deloitte professionals across geographies, businesses, and skills. It makes us better at what we do and how we do it. It enables us to deliver on our promises to stakeholders, while creating the lasting impact we seek.

Harnessing the talent of 450,000+ people located across more than 150 countries and territories, our size and scale puts us in a unique position to help change the world for the better—by bringing together the services we provide, the societal investments we make, and the collaborations we advance through our ecosystems.

Deloitte offers career opportunities across Audit & Assurance (A&A), Tax & Legal (T&L) and our Consulting services business, which is made up of Strategy, Risk & Transactions Advisory (SR&T) and Technology & Transformation (T&T). 

Are you ready to apply your knowledge and background to exciting new challenges? From learning to leadership, this is your chance to take your career to the next level. 

About the Division:

Deloitte’s Actuarial & Insurance Solutions (AIS) practice is a multi-disciplinary group with a primary focus on the insurance and financial services industry. Our AIS practice provides comprehensive actuarial, risk management, and advanced analytics services for Life and P&C insurance companies, reinsurance companies, pension plans, captives, and other organizations.

Our Actuarial Life Insurance team is looking for an Actuarial Associate Director to form part of the Leadership Team in the delivery of services to/at client premises on delegated engagement/project.  There will be a strong focus on developing and providing wider insurance solutions adjacent to our core actuarial offering, including but not limited to actuarial and finance transformation projects and building and converting insurance management consulting

Minimum Qualifications

• Fellow of the Actuarial Society of South Africa or equivalent
• A general insurance Practising Certificate will be advantageous

Minimum Experience

• Minimum 10 years relevant working experience
• At least 5 years of leadership/team management experience
• Significant experience in General Insurance
• Experience in implementing and leading actuarial/finance transformation projects will be advantageous
• Strong analytical and modelling capabilities
• Pricing experience/knowledge will be an advantage
• At least 3+ years of General Insurance including capital modelling and management, reserving and reinsurance is ideal
• Specific experience of IFRS17, SAM (Solvency II) & General Insurance risk management will count strongly
• Experience leading and co-ordinating actuarial deliverables and teams

Leadership Capabilities

• Living Our Purpose: Acts as a role model and inspires others to embrace and live our purpose and values
• Talent Development: Actively contributes to building the talent pipeline; creates a talent experience that attracts, develops and retains top talent and high performing teams
• Performance Drive: Creates opportunities to drive impact; anticipates client needs and delivers superior results by leveraging each person’s strengths to build high performing teams across businesses and borders
• Influence: Builds deep relationships across a diverse network and uses a flexible influencing style to gain buy-in and drive impact
• Strategic Direction: Translates broader strategy into a compelling team vision and goals; aligns the team and sets priorities to achieve objectives
• Competitive Edge: Applies deep knowledge of disruptive trends and competitor activity to drive continuous improvement
• Inspirational Leadership: Establishes a strong leadership brand and inspires followership through passion, integrity, and appreciation of others

Core Professional Capabilities

• Analytical Thinking & Problem Solving: Helps client make confident decisions based on analyses of available information to manage critical business threats
• Business & Financial Acumen: Develops an effective plan by assessing the financial implication of risks faced by clients
• Delivery Excellence: Leads engagements and provides strategic direction to the team to deliver a superior client experience
• Executive Presence: Develops relationships, establishes credibility with, and instils confidence in clients
• Knows the Business & Industry: Comprehends how the client’s business works and keep up-to-date on industry/sector trends and leading practices
• Manages Quality & Risk: Actively manages the Firm’s risk from take-on through to completion of engagements

Technical Competencies

• Understanding of the audit and advisory businesses, and their interaction with wider firm locally and globally, strategy and challenges
• Notable experience on providing Strategic Insights to Partners
• Project management experience
• Excellent industry and business knowledge
• Demonstrated leadership skills
• Ability to interpret, communicate and implement strategy
• Demonstrated execution of complex projects within timeframes and cost
• Experienced in development and delivery of professional presentations
• Excellent report writing skills
• Solid financial knowledge

Behavioural Competencies

• Exceptional communication skills, both written and verbal with all levels of staff & leadership
• Strong interpersonal and relationship-building skills
• Excellent mentorship and coaching ability with desire to develop self and others
• Strong client delivery focus
• Highly adaptable, managing change and ambiguity with ease
• Focus on quality and risk
• Excellent problem-solving ability
• Exceptional business acumen

 

Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive.  Deloitte may ask the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, depending on operational requirements.

Be careful of Recruitment Scams: Fraudsters or employment scammers often pose as legitimate recruiters, employers, recruitment consultants or job placement firms, advertising false job opportunities through email, text messages and WhatsApp messages. They aim to cheat jobseekers out of money or to steal personal information.

 

To help you look out for potential recruitment scams, here are some Red Flags:

• Upfront Payment Requests: Deloitte will never ask for any upfront payment for background checks, job training, or supplies.
• Requests for Personal Information: Be wary if you are asked for sensitive personal information, especially early in the recruitment process and without a clear need for it. Fraudulent links or contractual documents may require the provision of sensitive personal data or copy documents (e.g., government issued numbers or identity documents, passports or passport numbers, bank account statements or numbers, parent’s data) that may be used for identity fraud. Do not provide or send any of these documents or data. Please note we will never ask for photographs at any stage of the recruitment process.
• Unprofessional Communication: Scammers may communicate in an unprofessional manner. Their messages may be filled with poor grammar and spelling errors. The look and feel may not be consistent with the Deloitte corporate brand.

 

If you're unsure, make direct contact with Deloitte using our official contact details. Be careful not to use any contact details provided in the suspicious job advertisement or email.

At Deloitte, we want everyone to feel they can be themselves and to thrive at work—in every country, in everything we do, every day. We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities.

We are committed to employment equity and building a diverse and inclusive workplace across the African continent. Our recruitment processes are aligned with our Employment Equity Plan and the principles of the Employment Equity Act. Preference may be given to candidates from designated groups.

We actively support the inclusion of people with disabilities and embrace neurodiversity in the workplace. We recognise and value the unique strengths that neurodivergent individuals bring, and we are committed to creating an environment where everyone can thrive.

If you require reasonable accommodations in relation to your disability and neurodiverse needs during the recruitment process, please let us know. We are happy to make adjustments to suit your individual needs.