Actuarial Specialist

2 weeks ago

Durban, South Africa TLT Appointing Full time
Job title : Actuarial Specialist Job Location : KwaZulu-Natal, Durban Deadline : January 03, 2025 Quick Recommended Links
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Job Description

  • Performing and reviewing monthly TP calculations (Non-Life & Life – IFRS17)
  • Performing and reviewing quarterly SAM valuations and returns
  • Completion of annual valuations as well as the QRTs and QRRs
  • Performing and reviewing experience investigations
  • Completing quarterly CBR returns as well as preparing for the OMNI CBR returns
  • Assisting group finance with completion of the half-year and annual Group SAM returns
  • Performing the annual ORSA process (including associated modelling and reviewing of risk registers, relevant policies, risk appetite statements, standard formula validations, etc)
  • Negotiating the annual Non-Life catastrophe reinsurance treaty renewal
  • Analysing and reporting on claims and complaints in line with the PPR requirements as well as proposing improvements to data / systems to improve data quality / availability and processes

Qualifications

  • Considerable progress with actuarial examinations (Completed at least A100 & A200, ideally also A311)
  • 3 - 4 years’ actuarial experience within a Life / Non-Life insurer (with experience in two or more of the following areas:
  • SAM
  • IFRS17
  • ORSA
  • Valuations (Life / Non-Life) and AOS / EV calculations
  • Prophet Coding

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