Actuary

1 month ago


Cape Town, South Africa Network Recruitment Full time
Become a key player in our client's Life team in Cape Town. We're seeking a nearly or newly qualified Actuary to analyze valuation results, offer business insights, and present findings to senior leadership. This role provides a unique mix of technical actuarial tasks and commercial exposure.

Key Functions and Responsibilities:
  1. Valuation Analysis: Review and consolidate Embedded Value (EV) results, creating detailed reports.
  2. Financial Reporting: Evaluate and communicate financial performance, including profit margins and new business flows.
  3. Documentation: Maintain valuation basis reports, ensuring accurate monthly pricing.
  4. Cash Flow & Sensitivity: Manage monthly cash flows and EV sensitivities, assessing the value of new business.
  5. Profit Reporting: Prepare and refine Retail Affluent profit reports.
  6. Auditor Interaction: Provide essential data to internal and external auditors.
  7. IFRS17 Reporting: Implement and interpret IFRS17 reporting processes.
  8. Ad-hoc Tasks: Generate management reports and undertake various investigations.
Requirements:
  1. Nearly qualified or recently qualified Actuary with a BSc in Actuarial Science or similar.
  2. 3-5 years of proven experience in actuarial reporting.
  3. Expertise in actuarial reporting, with a strong command of IFRS, EV, VNB, and SAM frameworks.

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