FINANCE

FINANCE

WE HAVE PLACED HUNDREDS OF FINANCIAL CANDIDATES

HIRING FOR FINANCE SKILLS IN SOUTH AFRICA IS A CHALLENGE DUE TO EMIGRATION AND THE GLOBALISED LANDSCAPE

What’s more, there tends to be high staff turnover in specialised areas such as Actuarial, Credit Risk and Capital Markets.



But Network Finance is the market leader when it comes to recruitment for scarce Finance skills because, when you partner with us, you’re able to establish a robust staff turnover strategy, secure a steady talent pipeline, and access tailored solutions to unique requirements.



We understand:

Transformation imperatives 


Financial risk management concepts

Industry trends

Candidate salary expectations

Candidate “job fit” requirements

Diverse business models

Finance job specifications


Having successfully placed 450,000 Finance candidates, with the vast majority of our placements constituting repeat business from regular clients, we’re also SA’s biggest team of dedicated Finance recruiters. Let’s find your perfect candidate in the Finance industry.

This job has a 0% unemployment rate in South Africa – and people are being poached to work overseas

Of the 2.1 million people employed in South Africa’s formal finance sector in the third quarter of last year, actuaries constituted less than 0.1%.


This is because there are fewer than 2,000 actuaries in South Africa, most of whom are members of the Actuarial Society of South Africa (ASSA).


In an environment where demand for actuarial skills significantly exceeds supply, the unemployment rate for South African actuaries is zero, said Mike McDougall, chief executive of ASSA.


“Compounding the shortage in South Africa is the emigration of actuaries to countries trying to meet their own growing requirements. ASSA’s membership statistics show that last year some 25 South African actuaries took up employment opportunities outside of South Africa,” he said.


McDougall said the demand for actuaries is not unique to South Africa. The United States Bureau of Labour Statistics, for example, predicts a 24% growth rate in the employment of actuaries in the US from 2020 to 2030, which far exceeds the growth expectations for all other professions.


He pointed out that South Africa nevertheless ranks among the countries with a high number of actuaries, with the United States (US) and the United Kingdom (UK) the only countries in the world with more than 10,000 actuaries. “ASSA is one of the 10 largest actuarial associations in the world and the largest on the African continent.”


Qualifications 


Part of the reason for the ‘no unemployment rate’ is that the actuarial qualification is one of the toughest to obtain, whether in South Africa or abroad.

We have placed Finance professionals in the following positions all over the world: 

Chief Financial Officers, Financial Directors, Financial Managers, Financial Controllers, Accountants, Internal / IT Audit, External Audit, Capital Markets (Corporate Finance, Equity & Investments), Risk & Compliance, Tax, Actuaries / Quants.

30+ Years

Recruitment Experience

In The Field

73%

Of Our Candidates Come From Our Networks (Not the same sources everyone else is using)

11,000+

Satisfied Employers

& Recruits

95%

Of Candidates Stay Where We Placed Them For More Than A Year

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