Our client, Hannover Re, is seeking an actuarial consultant to provide full-time support over a 6-month contract within its corporate actuarial team, focusing on life insurance solvency and IFRS reporting. The consultant will play a key role in running models, producing results, and assisting with reporting, ensuring continuity and accuracy across solvency (SAM and Solvency II) and IFRS processes.

Key Areas of Work:

• Run actuarial models (internal systems, Excel, and RiskAgility FM) to produce solvency and IFRS results.
• Upload results into SQL databases and ensure data integrity.
• Assist with explaining movements in best estimate cash flows and reserves.
• Support the preparation of solvency and IFRS reports, including summaries and reconciliations.
• Conduct dummy runs and process walkthroughs to ensure readiness for Q2 valuation cycle.
• Collaborate with the actuarial team to meet reporting deadlines and manage workload gaps.

Required Skills and Experience:

• 2–4 years’ actuarial experience in life insurance and valuations (strong candidates with 1–2 years will be considered).
• Progress toward actuarial qualification. 
• Strong technical skills in Excel and SQL.
• Understanding of best estimate cash flows, reserve types, and valuation processes.
• Ability to explain movements in results and support reporting outputs.

Desirable:

• Exposure to RiskAgility FM or similar actuarial modelling tools (training will be provided).
• Experience with solvency reporting frameworks (SAM, Solvency II).
• Familiarity with IFRS reporting processes.
• Strong communication skills for stakeholder engagement and team collaboration.
• Willingness to travel to Johannesburg, if not based in Gauteng.