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Cornel Smit is a seasoned actuary with extensive experience in financial modeling, consulting, and actuarial science. He has held various leadership positions, including Head of Actuarial and Risk (Short-term Insurance) at PPS and Pricing Lead at Allianz Australia. Cornel holds a Bachelor of Commerce (BCom) in Insurance Science from the University of Pretoria and is a Fellow of the Institute and Faculty of Actuaries.

Credentials

  • Fellow of the Institute and Faculty of Actuaries
    Institute and Faculty of Actuaries
    Dec, 2006
    - Apr, 2026

Experience

  • Allianz Australia
    • Melbourne, Victoria, Australia
    • Pricing Lead
      • Mar 2023 - Present
      • Melbourne, Victoria, Australia

  • PPS
    • City of Johannesburg, Gauteng, South Africa
    • Head of Actuarial and Risk (Short-term Insurance)
      • Aug 2021 - Feb 2023
      • City of Johannesburg, Gauteng, South Africa

      Manage and oversee first-line corporate actuarial deliverables, pricing and product development activities (including reinsurance) as well as embedment of Enterprise Risk Management Framework.

    • Actuary
      • Oct 2016 - Jul 2021
      • Centurion

      Pricing and Product Development of Non-Motor insurance business as well as Renewal Optimisation.

  • Momentum
    • Centurion
    • Actuarial Specialist
      • Feb 2013 - Oct 2016
      • Centurion

      Pricing and Product Development of Motor and Non-Motor insurance business.

    • Actuarial Specialist
      • Jan 2012 - Jan 2013
      • Sandton

      Health Insurance data analyses and investigations.

  • Momentum
    • Centurion
    • Actuarial Specialist/Consultant
      • Nov 2007 - Dec 2011
      • Centurion

      Management of Product Development and Pricing of medical schemes.

  • Munich Re (Group)
    • London, United Kingdom
    • Actuarial Specialist
      • Sep 2006 - Oct 2007
      • London, United Kingdom

      Financial analyses for internal and external reporting on both statutory and internal bases.

  • Willis Towers Watson
    • London, United Kingdom
    • Actuarial Consultant
      • Sep 2003 - Sep 2006
      • London, United Kingdom

      Post-retirement Medical Valuations and Risk Benefit Modelling.

    • Actuarial Analyst
      • Aug 2001 - Jun 2003
      • Sandton

      Actuarial Valuations of DB/DC pension schemes.

Education

  • 1998 - 2000
    University of Pretoria/Universiteit van Pretoria
    Bachelor of Commerce (BCom), Insurance Science
  • Waterkloof High School
    Matric

Suggested Services

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Industry Focus. “Insurance”

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