Head: Risk Management, Insurance

Purpose StatementTo oversee the ongoing Risk management and reporting, including accountability for the reinsurance strategy and capital management programmes. To establish and maintain a risk-focused culture within Capitec Ins, including pro-actively engaging Product, Pricing, Treasury and Investment Functions on Risk approach and strategy. To develop, implement and manage a Risk Framework, including risk definitions, metrics, appetite, limits, and approach. ExperienceMinimum: Minimum 10 years experience in the South Africa Insurance Industry, of which at least 6 years are post qualification and in Risk Management and / or Actuarial Audit and Consulting Experience in communicating complex issues and Board strategy Proven experience of being accountable to a Board of Directors SAM experience Experience in Calculating SCR results and input to ORSA reports Alignment of metrics, reporting and tactical objectives with strategy Ability to apply risk and capital expertise to creative and effective applications Ideal: Actuarial audits of large insurers Qualifications (Minimum)Honours Degree in Risk Management or BankingQualifications (Ideal or Preferred)Honours Degree in Risk Management or BankingKnowledgeMinimum: Fellow of Actuarial Society of South Africa (FASSA) or Fellow of Institute and Faculty of Actuaries (FIFoA) Process-oriented management. In-depth knowledge of the South African Insurance Industry. Internal risk metrics and approaches In-depth understanding of the GOIs and FSIs In-depth knowledge of the Insurance Act, LTIA, STIA, PPRs and other relevant regulations. In-depth knowledge of Corporate Governance Frameworks. Ideal: IFRS 17, ICS, Embedded Value reporting SkillsBusiness writing skillsAnalytical SkillsCommercial Thinking SkillsDecision making skillsProblem solving skills
Stellenbosch, WC, ZA