PowerBI
MUNYARADZI MUNOTI, FRM,CAA,FVMA
Senior Actuarial Specialist
Glen Austin
Summary
Actuarial professional with 6 years of experience in the life insurance sector. Expertise includes reserving, regulatory reporting, product development, and risk assessment. Highly skilled in actuarial modeling, data analysis, and advanced statistical techniques. Proficient in using a range of actuarial software and tools to conduct complex calculations and generate projections.
Overview
6
6
years of professional experience
4047
4047
years of post-secondary education
3
3
Certifications
Work History
Product Development Specialist
Sanlam Developing Markets Insurance Ltd
Johannesburg
10.2023 - Current
- Supported end-to-end development of life and funeral products, including needs analysis, pricing, benefit design, and regulatory submissions.
- Led systematic market research initiatives tracking competitor pricing strategies and emerging industry trends, delivering quarterly intelligence reports that informed strategic product positioning.
- Developed profit testing models and scenario analysis to assess the financial viability and competitiveness of new offerings.
- Supported digital product rollout by integrating actuarial logic into front-end platforms.
- Participated in system testing for product rules implementation in policy administration systems.
- Prepared and submitted quarterly TCF reports and regulatory filings, maintaining 100% compliance record while streamlining reporting processes to reduce preparation time.
- Produced management information dashboards to track product performance.
- Contributed to the actuarial input for product development documentation and Board approval papers.
- Prepared quarterly statutory valuations and regulatory returns in compliance with SAM requirements.
- Conducted detailed analysis of reinsurance treaty performance, identifying underperforming arrangements and negotiating improved terms with reinsurer.
- Managed relationships with reinsurance partners, coordinating treaty renewals and performance reviews.
- Implemented dynamic reinsurance strategies for new product launches, balancing capital requirements with profitability targets.
- Prepared detailed reinsurance accounting and regulatory reporting, ensuring compliance with SAM and IFRS requirements.
- Performed detailed analysis of reinsurance treaty profitability, identifying treaties requiring restructuring and supporting negotiations that improved combined cost ratios by 8%.
- Developed automated reinsurance accounting procedures, reducing month-end processing time and improving accuracy of cession calculations.
- Conducted reinsurance calculations and participated in reinsurer results meetings.
Senior Actuarial Analyst
Xivoni Actuaries Consultants Pty Ltd
Midrand
01.2019 - 09.2023
- Modelled solvency capital requirement (SCR) calculations and assessed capital adequacy under SAM regulations.
- Prepared quarterly and annual regulatory submissions maintaining compliance record across SAM and IFRS frameworks.
- Conducted comprehensive credit quality step analysis for underlying investments, evaluating impact on solvency positions.
- Analysed movements in key risk components including market risk, life underwriting risk, and technical provisions.
- Performed sensitivity analyses to evaluate the effects of various assumptions and economic scenarios on capital requirements.
- Led Own Risk and Solvency Assessment (ORSA) reporting initiatives, ensuring alignment with regulatory standards and best practices.
- Managed comprehensive stress tests and scenario analysis in coordination with finance teams and key stakeholders.
- Contributed to internal risk reporting including risk dashboards, solvency reports, and capital adequacy assessments.
- Applied advanced actuarial modelling and risk assessment techniques to quantify and evaluate enterprise-wide risks.
- Conducted sensitivity analyses and scenario testing to assess impact of various risk factors on company solvency position.
- Implemented dynamic reinsurance strategies balancing capital requirements with profitability targets, improving combined cost ratios.
- Developed automated risk reporting procedures, reducing processing time while improving accuracy of risk calculations.
- Established comprehensive risk monitoring frameworks tracking product performance and emerging industry trends.
- Developed management information dashboards for real-time risk monitoring and strategic decision support.
- Produced detailed technical reports communicating risk exposure assessments and enhancement recommendations to senior management and regulatory stakeholders.
- Supported internal and external audits by providing comprehensive documentation and evidence of compliance with risk management standards.
Education
Board Exams -
Institute And Faculty of Actuaries
United Kingdom07.2026
CAA Certified - Actuarial Analyst Qualification
CAA Global
United Kingdom12.2022
FRM Certified - Risk Management
Global Association of Risk Professionals
America01.2023
Postgraduate - Risk Management
University of South Africa
Bachelor of Accountancy Honours Degree - undefined
University of Zimbabwe
Financial valuation and modelling Analyst - undefined
Skills
- Business Advisory
- Financial Analysis
- Risk Management
- Reporting
- Statistical Modelling
- Quantitative Analysis
- Financial Modelling
- Actuarial Analysis
- Machine learning
- Prophet professional
- Microsoft Office
- R programming
- Python programming
- Pricing strategy formulation
Certification
CAA
Computer Skills And Software
- Prophet professional
- Microsoft Office
- R programming
- Python programming
Training And Professional Development
- Advanced certificate in Excel
- Advanced certificate in Financial Modelling
Core Competences And Skills
- Business Advisory
- Financial Analysis
- Risk Management
- Reporting
- Statistical Modelling
- Internal Control Systems
- Quantitative Analysis
- Financial Modelling
- Actuarial Analysis
- Machine learning
Software
Python
Prophet professional software
R Programming
SQL
Microsoft Office
Timeline
Product Development Specialist
Sanlam Developing Markets Insurance Ltd
10.2023 - Current
Senior Actuarial Analyst
Xivoni Actuaries Consultants Pty Ltd
01.2019 - 09.2023
Postgraduate - Risk Management
University of South Africa
Bachelor of Accountancy Honours Degree - undefined
University of Zimbabwe
Financial valuation and modelling Analyst - undefined
Board Exams -
Institute And Faculty of Actuaries
CAA Certified - Actuarial Analyst Qualification
CAA Global
FRM Certified - Risk Management
Global Association of Risk Professionals
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