Summary
Overview
Work History
Education
Skills
Websites
Leadership Experience
Communication Skills
Personal Qualifications
References
Timeline
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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
Nawaaz HassimActuary