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Job Description

Role overview

The Manager: Insights and Model Enablement role is responsible for overseeing the development, maintenance, and enhancement of the models used to calculate finance and actuarial reporting outputs. This role ensures the accuracy, efficiency, and compliance with applicable IFRS calculations while supporting financial reporting, actuarial analysis, and risk management. The successful candidate will collaborate with finance, actuarial, IT, and regulatory teams to drive continuous improvements in IFRS 17 reporting processes.

Key Result Areas

Manage the design, implementation, and ongoing maintenance of IFRS 17 models to ensure compliance with accounting and regulatory requirements.Oversee model governance, including validation, documentation, and control frameworks.Collaborate with actuarial and finance teams to respond to audit queries on IFRS 17 outputs.Work closely with IT and data teams to optimize model performance, automation, and integration with financial systems.Monitor regulatory and industry developments related to IFRS 17 and incorporate necessary changes into the modelling framework.Lead and mentor a team of analysts, ensuring high-quality output and professional development.Support senior management with strategic insights based on process analytics.Manage the system development lifecycle of the applications supporting the IFRS 17 solution.Ad hoc tasks and activities as required by management from time to time.

Requirements: Skills, Qualifications and Experience required

Professional qualification (CA preferable)At least 8 years’ experience in overseeing or being part of a team that owns financial modelling processes and reporting (IFRS 17 exposure is favourable)At least 2 years managing a teamExperience with financial systems, databases and automation solutions – SQL experience preferredAppreciation for internal controls and governance processesAttention to detailSolution focused with the ability to troubleshoot issuesTeam managementUnderstanding of Agile methodology

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question

Manage and coordinate the company's financial function, including general accounting, cost management, budgeting, and payroll, in accordance with corporate policies and procedures to meet the company’s business requirements. This is the top finance position for a specific location, but it is governed by policies and frameworks established by the larger corporation.

ResponsibilitiesFinancial Policies, Guidelines, and Protocols

Create a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Financial Management and Control

Develop and/or deliver a plan for significant aspects of the financial management and/or control process.

Financial Modeling

Translate business objectives into clearly defined business cases, costs, and schedules to support growth in the business.

Data Collection and Analysis

Use data from a wide range of sources to analyze key themes and identify possible impacts on the business.

Organizational Risk Management

Develop and/or deliver a contingency plan for significant aspects of the risk management and/or risk control processes.

Financial Information Systems

Plan and deliver financial systems changes and manage the team on a day-to-day basis to meet project timelines and quality and budget requirements. Engage with finance users to identify requirements, and work with the team to design solutions.

Functional Strategy Formation

Contribute to the formation of a key element of functional strategy through specialist expertise and insights, to ensure that the strategy meets business needs.

Information and Business Advice

Provide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.

Leadership and Direction

Communicate the actions needed to implement the function's strategy and business plan within the team; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these and to do extraordinary things to achieve local business goals.

Performance Management

Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project/account team members and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of team/personal objectives.

Organizational Capability Building

Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities. Provide informal training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Budgeting

Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.

Skills

Accounting, Adaptive Thinking, Budget Management, Business Requirements Analysis, Data Compilation, Data Controls, Evaluating Information, Financial Accounting, Financial Acumen, Financial Analysis, Financial Auditing, Financial Modeling, Management Accounting, Numerical Aptitude

Competencies

Business InsightDecision QualityEnsures AccountabilityFinancial AcumenInstills TrustManages ComplexityOptimizes Work ProcessesOrganizational Savvy

Education

NQF Level 9 – Masters

Closing Date

08 March 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

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