Nawaaz Hassim
Actuary
Johannesburg
Summary
Qualified actuary (FASSA) with a proven track record at leading insurance and auditing companies. Offers a wealth of experience across various roles, including expertise in life insurance, general insurance, and investments. Possesses over 9 years of industry experience, providing comprehensive insights and solutions. Demonstrates a strong ability to analyze complex data with a dedication to accuracy and attention to detail. Consistently delivers successful outcomes for clients and employers.
Overview
2025
2025
years of professional experience
Work History
Senior Manager
KPMG
10.2021 - Current
- Promoted to Senior Manager in the FRM Actuarial team in 2024
- Actuarial audit assistance for life and general insurers in the Middle East and Rest of Africa
- The audit of the IFRS4, IFRS17 and SAM (Solvency II equivalent) results of South African life insurance companies
- Internal audit assistance such as the reviewing of compliance with ORSA requirements for multiple insurers
- Performing IAS19 valuations and auditing external IAS19 valuation reports for clients in the Middle East
- Management of Middle East insurance portfolio
- IFRS17 implementation projects
- Responsible for managing and mentoring two actuarial managers
- Leading multiple engagement teams across advisory and audit projects
Senior Actuarial Consultant
Sanlam Sky
2 2020 - 9 2021
- Member of the Sky actuarial reporting team involved in creation and checking of model points to be used for calculation of monthly reserves for the Sky Funeral business
- Also involved in monthly reporting tasks such as calculation of reserves for groups of business modelled outside of Prophet, File size build up and Value of New Business calculations
- Half-yearly calculations and presentation on embedded values and analysis of surplus
- Designated Capitec Funeral Product actuarial resource: Involves liaising with external stakeholders to provide guidance on budget figures and other ad-hoc related tasks
- Involved in calculation and analysis of Capitec premiums and claims actual vs expected numbers
- Previously rotated into the strategic initiatives team for 3 months where the focus is on IFRS17 implementation which entails setting up a classification template for the different portfolios of business at Sky
- Determining the liability split for current group of products for FIA 3 submission requirements
- In charge of the end-to-end valuation of the Capitec Funeral Product.
Actuarial Analyst in Technical Marketing
Discovery Invest
03.2018 - 01.2020
- Compiled technical presentations for financial advisors and internal staff
- Compiled presentations for Head of Invest
- Developed research material to provide insight into retirement products
- Liaised with investment specialists, brokers and financial advisers in handling technical product related queries
- Compiled investment related material for marketing campaigns.
Intermediate Actuarial Specialist
Old Mutual
01.2016 - 02.2018
- Member of the Group Assurance Actuarial team
- Involved in the pricing and development of group risk products
- Performed monthly valuations of the lump sum product range
- Carried out mortality experience investigations to inform underlying risk rates of the Group Income Protection product
- Involved with data gathering exercises for reinsurers
- Created a value at risk model to inform pricing decisions
- Provided technical support to teams within Group Assurance.
Education
Isipingo Secondary School
12.2011
Bachelor of Business Science - Finance
UKZN
04.2001 -
Bachelor of Business Science - Actuarial Science in Quantitative Finance
UCT
04.2001 -
Skills
- Proficient in Visual Basic and SQL
- Proficient in Microsoft Office
- Able to communicate effectively in a team using interpersonal skills
- Intermediated proficiency in DCS, Prophet, R
- Proficient in financial actuarial reporting and modelling
- Excellent presentation skills
- Ability to effectively work under time pressure
- Meticulous in analysing and compiling reports
- Experience in IFRS 17 audits and advisory projects
Leadership Experience
- Management of people
- Head prefect at Isipingo Secondary School
- Head of debating team
- Captain of U17 cricket and soccer teams at Isipingo Secondary School
- Actuarial supervisor for 3 consultants at KPMG as part of the ASSA normative skills progamme.
Communication Skills
- Presented at various Discovery Invest CPD events for financial advisers
- Presented at training sessions to upskill call centre agents
- Conducted training sessions for the South African Reserve Bank on SAM reporting.
Personal Qualifications
Qualified as a Fellow Actuary of the Actuarial Society of South Africa (FASSA).
References
- Kermann Mannie, Private Banker (Mentor), Investec, 076 431 4441
- Kamlen Govender, Actuary, Hollard, 084 576 6998
Timeline
Senior Manager
KPMG
10.2021 - Current
Actuarial Analyst in Technical Marketing
Discovery Invest
03.2018 - 01.2020
Intermediate Actuarial Specialist
Old Mutual
01.2016 - 02.2018
Bachelor of Business Science - Finance
UKZN
04.2001 -
Bachelor of Business Science - Actuarial Science in Quantitative Finance
UCT
04.2001 -
Senior Actuarial Consultant
Sanlam Sky
2 2020 - 9 2021
Isipingo Secondary School
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