Distribution Actuary

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

The Distribution Actuary acts as the financial interface between the business and distribution channels, applying actuarial thinking in a non-traditional context to support strategic decision-making. The role focuses on optimising channel economics, translating complex financial insights into clear actions, and guiding leaders toward improved value outcomes.

Part of the Distribution Economics team within Old Mutual’s MFC Finance function, the role offers exposure across multiple sales channels, using actuarial, behavioural economics, and data science techniques to maximise long-term value creation. The incumbent leads sales business planning, shapes strategy, and partners closely with sales leaders to drive the value of new business in the lower-income market segment.

What you’ll love about this role:

• Immerse yourself in MFC’s purpose‑driven culture—our strong heritage and commitment to integrated financial solutions that are affordable and accessible are what set us apart.

• Partner with sales staff from different channels, including tied, broker, franchise, virtual and digital channels, ensuring our analytics and recommendations translate into real‑world impact.

• Influence the future of MFC through input on business planning and strategic initiatives.

• Help reshape our distribution model in response to evolving regulations, AI advancements and industry trends.

What we’re looking for:

• Strong strategic, financial and commercial acumen.

• Proven ability to translate data‑driven insights into practical, sales‑focused recommendations.

• Comfort in communicating complex concepts with diverse audiences, able to adapt style and tone to convey a message most appropriately.

• Excellent stakeholder management, with experience working alongside finance, actuarial valuation and commercial teams.

• A passion for using analytics to bridge the gap between customers’ resources and their financial‑service needs.

Key Result Areas / Outputs :

Strategic Business Partnering

• Act as the financial conduit between business and distribution channels

• Lead sales business planning and contribute to channel strategy

• Translate financial metrics into clear, actionable objectives for stakeholders

Stakeholder Management & Leadership

• Build and maintain strong relationships across business, finance, and distribution teams

• Influence decision-making through >

  Skills

  Adaptive Thinking, Change Management, Commercial Acumen, Cultural Awareness, Customer-Focused, Executing Plans, Financial Acumen, Learning and Development (L&D), Negotiation, Negotiation Tactics, Performance Management Design, Policy Development, Professional Presentation, Servant Leadership

  Competencies

  Balances Stakeholders
  Builds Networks
  Business Insight
  Collaborates
  Communicates Effectively
  Decision Quality
  Drives Results
  Ensures Accountability

  Education

  NQF Level 9 – Masters

  Closing Date

  22 July 2026 , 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.

  The Old Mutual Story!