Actuarial Specialist: Corporate Actuarial

2 weeks ago

Johannesburg, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

Overall job purpose

To plan, manage and monitor the implementation of actuarial activities and processes in order to deliver on approved operational plans in an effective and efficient manner. This role supports sound management of business performance and financial risk.

**Job Description**:
Key accountabilities

Perform advanced actuarial production processes under limited supervision to support sound management of business performance and financial risk.

Processes may include:
1. Analytics and financial reporting to ensure accurate financial reporting and support management decision making:

- Preparation and analysis of data as inputs to actuarial calculations such as reserving
- Production of management information
- Production of experience analyses as an input for basis setting / pricing exercises; setting of valuation and pricing bases
- Production of actuarial exercises such as reserving, capital, and pricing
- Production of analysis of earning, risk reporting and analytics, and inputs to forecasting and planning processes

2. Product development and management to enable business performance and drive customer value, including:

- Production of competitor research and understanding of the landscape and technical product analysis as inputs to product design
- Creating advanced product design, formulation of product specifications and implementing major product enhancements

3. Running models to ensure accurate financial reporting and support management decision making at an advanced level:

- For inputs to processes such as reserving, capital, pricing or business case modelling
- Development of and maintenance of advanced spreadsheet models which may include planning and capital and risk modelling
- Development of and maintenance of actuarial open platform software models

4. Coordination of a committee / forum to enable business and risk management execution and oversight for a sound control environment and:

- Understand and deliver requirements of internal stakeholders, within the same business unit
- Understand and deliver requirements of internal stakeholders, not within the same business unit i.e. Risk, Group

5. People management responsibilities to support talent development and business resilience

May have 1 to 2 junior direct reports

Education

Bachelor's Degree: Actuarial Science
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

  • Actuarial Specialist

    2 days ago

    Johannesburg, South Africa Edge Executive Search Full time

    Actuarial Specialist - 2023-06-23 - 2023-07-07 - Permanent - Tea000107 - Banking- Gauteng, JHB - Central - Annually Cost To Company (Negotiable)- The role of the Pricing Actuarial Specialist is to support the Head: Actuarial Short Term & Life with all product development and pricing functions. The Pricing Actuarial Specialist will clean, consolidate,...

  • Head of Corporate Actuarial

    6 days ago

    Johannesburg, South Africa SPECD (Pty) Ltd Full time

    Gauteng, JHB - Northern Suburbs - Monthly Basic Salary (Market related, Negotiable) **We are recruiting for the position of a** HEAD OF CORPORATE ACTUARIAL to join a leading insurance company, that specialises in offering of insurance products for employees across many industries, assisting with COID cover, occupational injuries cover, funeral cover and...

  • Junior Corporate Actuary

    5 hours ago

    Johannesburg, South Africa Swiss RE Full time

    Imagine a role where you can progress your actuarial career, work closely with actuarial experts and directly contribute to a success of the company. **About the role** Your focus in the role will be on the calculation of the solvency capital requirements under the Solvency Assessment and Management (SAM) framework for the legal entity Swiss Re Corporate...

  • Corporate Actuarial Analyst

    5 days ago

    Johannesburg, South Africa Antal International Full time

    A leading reinsurer based in Johannesburg is looking for a Corporate Actuarial Analyst/Senior Analyst (Non-Life). If you have experience with IFRS17, having significant progress towards completing your actuarial exams and are an Actuarial Analysts with experience in the Life sector and are interested in transitioning to Non-Life or a Non-Life Actuarial...

  • Head of Corporate Actuarial

    Found in: Talent ZA 2A C2 - 2 weeks ago

    Johannesburg, South Africa Specd Full time

    Job Title: Head - Corporate ActuarialWork Location: Parktown, JohannesburgEmployment Type: Permanent, On-siteDUTIES AND RESPONSIBILITIES: 1. Management of the actuarial function: Oversee both the actuarial teams working on the COID business as well as the Life Business and providing support to the AIT (IT)...

  • Head: Corporate Actuarial

    Found in: Talent ZA C2 - 2 weeks ago

    Johannesburg, South Africa Bryte Insurance Company Limited Full time

    Description The role holder will be responsible for the reserving and capital functions across the group: short term, and life insurance; South Africa and Botswana. Requirements Key Tasks & Accountabilities General Accountable for the strategy and operating model of the corporate actuarial department. Demonstrate increasing knowledge of relevant...

  • Corporate Actuarial Specialist

    5 hours ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...

  • Actuarial Specialist

    Found in: beBee jobs ZA - 7 days ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking a talented Actuarial Specialist, with expertise in Life Valuations, to join our team at one of the Big 4 Banks.

  • Head of Actuarial and Pricing

    5 hours ago

    Johannesburg, South Africa CA Global Headhunters International Full time

    **Job Description**: **Nature & Scope**: Our client is currently seeking to employ a **Head of Actuarial and Pricing** to be based in Johannesburg, South Africa. The incumbent will be responsible for the following: - Leading a team of actuaries - Creating new and innovating retail investment products - Integrating the products with the broader group where...

  • Actuarial Analyst

    5 days ago

    Johannesburg, South Africa Molemo Talent Solutions Full time

    The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the CMS and the healthcare industry. As an Actuarial Analyst you will be responsible to: - Research and advocate various policy issues and concepts to help improve the healthcare system -...

  • Actuarial Analyst

    2 days ago

    Johannesburg, South Africa Moving Heads Personnel Full time

    **EXPERIENCE IN THE FINANCIAL SERVICES/INSURANCE INDUSTRY IS ESSENTIAL** Responsible for carrying out technical actuarial work, often using complex systems and packages and for signing off work of more junior actuarial specialists. - Second line reviews in pricing and product development. - Carries out technical actuarial work, often using complex systems...

  • Actuarial Specialist Valuations

    7 days ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job...

  • Actuarial Analyst

    6 days ago

    Johannesburg, South Africa Nedbank Full time

    **Job Classification** **REQ: 111812 - Refilwe Falatsi** **Closing Date: 13 January 2023** **Equity Statement: Preference will be given to individuals from underrepresented groups.** **Cluster** - Nedbank Wealth Cluster - Nedbank Insurance Division- Functional Area: Corporate Actuarial- Job Family- Risk, Audit and Compliance - Career Stream- Actuarial -...

  • Technical Marketing Specialist

    4 days ago

    Johannesburg, South Africa Specd Full time

    **JOB DESCRIPTION**: **Job Title**:Technical Marketing Specialist / Actuary **Location**: Johannesburg **Duration**: Permanent **KEY RESPONSIBILITIES**: - Actuarial Analysis: Conduct actuarial analysis on insurance products and services to evaluate profitability, risk exposure, and pricing strategies. - Market Research: Conduct comprehensive market...

  • Actuarial Analyst

    7 days ago

    Johannesburg, South Africa Augment and Recruit Full time

    **Purpose of the Role**: The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the organisation and the healthcare industry. **Duties and Responsibilities**: - Research and advocate various policy issues and concepts to help improve the...

  • Actuarial Specialist: Technical Pricing

    1 day ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    An exciting opportunity is available in the general Insurance industry for an experienced Actuarial Analyst who is looking to excel in their career in the product and pricing space. **Job & Company Description**: **Education**: - BSc Actuarial Degree - Honours Degree will be advantageous - 9+ actuarial exams **Job Experience & Skills Required**: -...

  • Actuarial Analyst

    1 day ago

    Johannesburg, South Africa Communicate Recruitment Full time

    Our client, a well-established life insurance company, is looking for an Actuary who has experience with life insurance products and pricing. **Job & Company Description**: A position is available for a motivated and innovative individual to be a part of their solution-driven team. The role involves technical pricing tasks for multiple products, assisting...

  • Actuarial Analyst

    Found in: Talent ZA C2 - 2 days ago

    Johannesburg, South Africa RPO Recruitment Full time

    RPO Recruitment's client in the short term insurance space is currently seeking an Actuarial Analyst to join their team in Johannesburg. As an Actuarial Analyst, you will play a crucial role in conducting complex risk analyses, financial forecasting, and providing insights for our clients in Johannesburg. This is an excellent opportunity to be part of a...

  • Actuarial Analyst

    Found in: Whatjobs ZA C2 - 4 days ago

    Johannesburg, South Africa The Hiring House Full time

    Responsibilities - Research and advocate various policy issues and concepts to help improve the healthcare system - Contribute to mergers and acquisition, product development, benefit design and review process, pricing and other actuarial evaluation and actuarial reports from schemes and other related research studies.- Analyse, develop and validate...

  • Actuarial Analyst

    Found in: Talent ZA 2A C2 - 4 days ago

    Johannesburg, South Africa The Hiring House Full time

    Responsibilities- Research and advocate various policy issues and concepts to help improve the healthcare system - Contribute to mergers and acquisition, product development, benefit design and review process, pricing and other actuarial evaluation and actuarial reports from schemes and other related research studies.- Analyse, develop and validate...