Maksure Risk Solutions Hires Victor Shoniwa, A Qualified Actuary to Further Strengthen its Analytics & Actuarial Capabilities

Maksure has recruited Victor Shoniwa to further strengthen its analytics & actuarial capabilities across the group. Victor will collaborate and work closely with our colleagues in both treaty and facultative solutions as well as risk financing and actuarial consulting in order to enhance our continuous quest to provide endless possibilities and opportunities to enhance client value.

He most recently worked as Consulting Actuary at a leading Actuarial firm based in South Africa where he was instrumental in managing teams responsible for IAS19, IAS26 and GRAP25 valuations as well as both life and short terms pricing, product design and reserving. He is an active associate member of the Institute & Faculty of Actuaries (IFoA) as well as CFA Institute. He is a multi-talented actuary who is currently finalising his CFA level 3 exams.

Simba Makwembere, Managing Director: Europe, Asia & Africa commented: “We are delighted to have Victor join our team as we further strengthen our analytics and actuarial capabilities due to increased demand from our customers who are looking for innovative ways of navigating an increasingly complex business environment. Victor has a proven track record and has exceptional technical capability and a strong reputation in the market, it makes him the perfect hire”.

“With the recent changes in the insurer and reinsurer capital regulatory regimes across Africa; moving towards risk based capital models, clients are looking for reinsurance brokers and actuarial consulting firms that are able to offer best-in-class solutions and advice – adding Victor to our growing list of actuarial and analytics colleagues was a natural decision for us”, Simba added.

Victor said: “Joining Maksure is a natural fit for me, it’s a high growth organisation offering better opportunities to serve a wide range of clients across the African continent. The company is also looking for opportunities to launch additional value-added services on the insurance and risk management side that’s complementary to its existing capabilities.”

“I am looking forward to meeting new colleagues, understanding the business capabilities within Maksure Risk Solutions, and expanding what we can do to capitalize on the opportunities in the current landscape”.

Maksure Risk Solutions recently hired Tawanda Pholi, a Risk Engineer with a degree in BEng (Hons) Degree in Industrial and Manufacturing Engineering.

About Maksure Risk Solutions

Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We have access into the Lloyds of London with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.