
Hank Bothma
Insurance
Services offered
I am an experienced actuarial head having lead pricing and corporate actuarial departments across two prominent insurers in the South African short term insurance industry. I helped my employers turn around teams in backlog, establish new teams and functions, as well as remediate unprofitable business units. My core background is in underwriting and pricing across the group life and non-life industries, but I also have gained experience in product development, reinsurance (treaty and fac) as well as SAM (capital management and optimization) and reserving. I am experienced in setting underwriting plans (budget) to fund targeted ROE (split between underwriting and investment functions) and then following through to set underwriting and investment KPI and going further to establish the monitoring and governance processes to implement and track delivery.
Experience
Roles & Industry Summary:
Head: Corporate Actuarial (Reserving and Capital) 2024
Bryte Insurance Company
Reporting line: Chief Financial Officer
Discipline: Reserving and Solvency Management
(Group and all entities, Non-Life and Life licenses)
Head: Pricing (General Insurance, all lines, commercial focus) 2016 - 2023
Bryte Insurance Company (ex-Zurich)
Reporting line: Chief Underwriting Officer
Discipline: GI Pricing & Portfolio Analytics – Commercial, Personal, Specialist
(Broker, agent and administrator distribution channels)
Recognition: Excellence Awards Finalist: Leadership 2023
Head of Pricing (General Insurance, personal lines focus) 2013-2016
Absa Short Term Insurance
Reporting Line: Head of Actuarial Function
Discipline: GI Pricing – Personal
(Bancassurance, Direct & Broker-Agent distribution channels)
Pricing Manager (Group Life, large accounts & umbrellas) 2008-2013
Liberty Corporate Benefits & Capital Alliance Subsidiary
Reporting line: Head of Risk Management
Discipline: Life Assurance: Corporate Benefits Pricing
(Broker and Administrator distribution channels)
Recognition: Passion for Excellence Finalist: People Growth 2013
Actuarial Assistant (Employee Benefits & Group Life) 2004-2008
Hollard Insurance
Discipline: Life Assurance: Corporate Benefits Pricing
Junior Actuarial Student (Employee Benefits) 1999
Absa Actuaries & Consultants
Discipline: Pension Funds
Education
BSc Actuarial Science 1996 (University of Johannesburg)
BSc Mathematical Statistics Honors 1998 (University of Johannesburg)
CT Series (A101 – A401) through Faculty and Institute of Actuaries 2002
A302 (CA3) Communications through ASSA 2010
A402 (CA2) Model Documentation, Analysis and Reporting 2011
F103 General Insurance Principles 2013
Professionals in the same Insurance sector as Hank Bothma
Professionals from different sectors near Ferndale, City of Johannesburg Metropolitan Municipality
Jobs near Ferndale, City of Johannesburg Metropolitan Municipality
-
Actuarial Specialist II
3 weeks ago
FirstRand Johannesburg, GautengThe Actuarial Specialist will play a pivotal role in the Life Insurance Pricing Team · Support the development and validation of actuarial pricing models · Conduct complex data preparation and analysis for pricing studies · ...
-
Associate Actuarial Analyst
2 weeks ago
South African Reserve Bank Pretoria, GautengThe main purpose of these two positions is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of life and non-life actuarial risks in insurance entities. · ...
-
Actuary
2 weeks ago
Discovery SandtonNewly qualified actuary required for group actuarial team. Strong technical skills and experience in IFRS 17 work required. · ...