Head - Actuarial Modelling & Technology

THE JOB AT A GLANCE To establish and lead a world-class actuarial modelling function that delivers strategic value across the organisation through innovative, accurate, and efficient models. The role ensures all actuarial models are developed to the highest standards, governed effectively, and leverage cutting-edge technology to support business growth, risk management, and competitive advantage. The incumbent will transform the organisation’s modelling capabilities by implementing standardized methodologies, driving technological advancement, and fostering a culture of analytical excellence and continuous improvement. WHAT WILL YOU DO? Strategic Leadership & Model Development Create and implement a new standard approach to modelling across the organization, establishing consistent methodologies, documentation standards, and quality frameworks Lead model development across multiple actuarial functions including: Valuations, reserving & technical provisions Pricing and product development Financial reporting (IFRS17) Risk management and capital modelling Quote generation and underwriting support Experience investigations Reinsurance optimisation modelling Develop comprehensive business case models to support strategic initiatives, new product launches, and investment decisions Establish and maintain model governance frameworks ensuring all models are validated, documented, and comply with regulatory requirements Drive predictive analytics capabilities using advanced statistical techniques, machine learning, and artificial intelligence Technology & Innovation Ensure all actuarial and related systems and technology are fit for purpose, evaluating and recommending systems that meet current and future business needs Lead the implementation of new actuarial technologies including cloud-based platforms, automated modelling tools, and advanced analytics software Oversee the migration of Excel-based models to more robust, scalable, and auditable platforms Champion innovation in modelling techniques, staying abreast of industry developments and emerging methodologies Data Management & Performance Monitor the performance of data used in models, establishing data quality metrics and remediation processes Collaborate closely with data teams to ensure data availability, accuracy, and timeliness for modelling purposes Define data requirements for new models and work with data governance teams to establish data standards Reporting, Analysis & Stakeholder Management Provide comprehensive reporting and analysis to executive leadership, the Board, and regulatory bodies Present complex modelling results in clear, actionable insights for non-technical stakeholders Prepare regulatory submissions and respond to supervisory inquiries regarding models. Develop dashboards and visualisation tools to communicate model outputs effectively Team Leadership & Development Build, lead, and develop a high-performing team of actuarial modellers and analysts Foster a culture of innovation, collaboration, and continuous learning Establish career development pathways and mentoring programs for team members Manage resource allocation and prioritization across competing modelling demands Governance & Compliance Chair actuarial modelling & technology steering committees to execute projects and strategy Ensure compliance with regulatory requirements including SAM, IFRS 17, and local regulations Coordinate model validation activities with internal audit and external validators Maintain model inventories, documentation, and change control processes