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Susan Melmed

Consultant
Cape Town, ZA

Susan Melmed is a consultant focusing on life insurance, asset-liability management, market and operational risk management, and financial reporting.

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Experience

Susan started her career in 2007 and has gained experience in the life insurance and investment industry.

Her technical expertise includes:

  • Insurance financial reporting (IFRS, FSV, EV and SAM)
  • Head of Actuarial Function services
  • Audit support
  • Enterprise risk management
  • Balance sheet management
  • Independent model validations

Prior to joining Milliman in 2018, Susan worked in KPMG’s actuarial team as well as the Balance Sheet Management team of a large local insurer.

Publications

Read their latest work

Article

South Africa: Insurance industry update - November 2024

26 November 2024 - by David Kirk, Susan Melmed, Adél Drew, Chris van der Merwe, Gaël Neuhaus, Cameron Hollaway
In October 2024, Milliman hosted a breakfast for the South African insurance industry. We take a closer look at the topics discussed and highlight some of the key takeaways from the conversations.
Article

South Africa: Insurance industry update - August 2024

16 August 2024 - by David Kirk, Susan Melmed, Adél Drew, Gaël Neuhaus, Cameron Hollaway
Our insurance update for South Africa covers the latest regulatory issues, emerging risks, and the role of insurance in the Olympics.
Article

South Africa: Insurance industry update - May 2024

03 May 2024 - by David Kirk, Susan Melmed, Adél Drew, Richard Taylor, Gaël Neuhaus
Our latest Insurance Update for South Africa covers regulatory themes, including discussion on vulnerable consumers, climate risk, and solvency changes.
Article

Product, performance and EV in an IFRS 17 world: South Africa

26 February 2024 - by David Kirk, Susan Melmed, Ishkar Singh
Embedded value will likely still be produced for many South African life insurers for at least two years, and listed insurers may be de-rated by analysts and the market.
Article

South Africa: Insurance industry update - February 2024

12 February 2024 - by David Kirk, Susan Melmed, Ishkar Singh, Gaël Neuhaus, Tebogo Khomo, Cameron Hollaway, Rithik Antony
For South African insurance in 2024, we expect to see acclimation to new reporting, adjusted political realities, and a slowly changing competitive landscape.
Article

South Africa: Insurance industry update February 2023

10 February 2023 - by David Kirk, Susan Melmed, Eden Gross, Richard Taylor, Chris van der Merwe
As South Africa begins a new year, the insurance industry faces several challenges.
Article

South African Insurance Industry Update June 2022

09 June 2022 - by David Kirk, Susan Melmed, Richard Taylor, Chris van der Merwe
In 2022, South African insurers have benefited from the state of disaster being lifted and ratings upgrades, but not all the news is positive.
Article

South Africa: Insurance Industry Update - September 2021

08 October 2021 - by David Kirk, Richard Taylor, Avashni Rossouw, Susan Melmed, Chris van der Merwe
Rollercoaster quarter included rioting that caused widespread damage and substantial claims, while some insurers announce mandatory vaccination plans.
Article

Draft public disclosure standard for insurers

01 September 2021 - by Susan Melmed, David Kirk
The Prudential Authority (PA) published in July the draft Prudential Standard on public disclosures for insurers (PDI) and related guidance notice (GN) for public comment.
Article

South Africa: Insurance industry update June 2021

02 July 2021 - by David Kirk, Richard Taylor, Avashni Rossouw, Susan Melmed, Chris van der Merwe
Our second quarter recap covers the country’s latest developments relevant to insurers.