At Stratostaff we design, implement and manage workforce solutions for large, specialized or routine staff complements giving you the opportunity to focus on your core business. Key Responsibilities: Strategic Leadership: Develop and implement the actuarial department strategy in alignment with organizational objectives and risk appetite. Partner with senior management to provide actuarial insights that inform business strategy and decision-making. Monitor industry developments, market trends, and regulatory changes to proactively identify opportunities and mitigate risks. People Leadership: Lead, motivate, and manage a high-performing actuarial team. Build team capability through mentoring, coaching, and professional development. Set KPIs, manage performance, and drive accountability within the team. Operational Delivery: Lead and oversee actuarial valuations, including IFRS 17 and IAS 19 valuations, and insurance product pricing. Develop pension scheme investment policies and strategic plans. Design and support the setup of Income Drawdown and Post-Retirement Medical Funds. Perform and review actuarial calculations, including: Projecting healthcare costs for corporate clients and Assessing financial impacts of proposed benefit changes to corporate medical schemes. Review and validate defined benefit scheme member statements and benefit calculations. Business Development: Prepare prospecting proposals and service quotations for new business opportunities. Develop and submit responses to RFQs and RFPs. Support revenue growth and client retention initiatives through technical input and solution design. Credit Control: Follow up on payments and ensure timely collection of fees for services rendered. Other Duties: Perform any other relevant duties as assigned by the line manager in support of departmental and organizational objectives. Key Result Areas: New business revenue generation, Client retention and relationship management, High-quality service delivery, Turnaround time (TAT) for internal clients, Accurate and timely actuarial valuations, Credible, high-quality internal and external reports, Debt collection within 60 days. Key Competencies & Skills: Strong people leadership and performance management capability, Ability to perform under pressure and meet deadlines, Excellent time management and attention to detail, Strong analytical and problem-solving skills, Report writing and presentation skills, Budgeting and financial management skills, Effective interpersonal and communication skills, Flexibility and adaptability in a dynamic environment. Requirements Qualifications & Experience Essential: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Physics, Commerce, or a related field (Master’s degree is an advantage). Fellowship of the Institute of Actuaries or another recognized actuarial institute. Minimum of 10 years’ relevant experience, with at least 5 years in a supervisory or leadership role. Advanced proficiency in actuarial software, VBA, and MS Excel.
