Specialist: Actuarial Valuations

3 months ago

Menlyn Park, South Africa Assupol Life Ltd. Full time

PURPOSE STATEMENT
To ensure the accuracy and reliability of the products and systems from an actuarial perspective.

MAIN OUTPUTS AND RESPONSIBILITIES FOR THIS POSITION - (Please provide a short description under each heading/output)

1. Preparations and validations of the Actuarial data
- Check the completeness of data.
- Preparation and creation of model points through Prophet DCS.
- Perform data checks to ensure data accuracy and completeness.
- Liaise with IT to improve data efficiency.

2. Perform monthly valuations of liabilities
- Perform monthly valuations of liabilities through Prophet.
- Preparations, compile and analysis of the IFRS & SAM results.

3. Model review and improvements
- Assists with model developments.
- Assists with basis changes.

4. Special Projects
- Assists with special projects from management.
- Assists with development and improvements of products.

5. Provide assistance with the budget
- Assists with the budget runs.

A) KNOWLEDGE AND SKILLS

FORMAL EDUCATION - Relevant B degree in Actuarial Science and progress with the CT exams

? TECHNICAL/

LEGAL CERTIFICATION - N/A

? EXPERIENCE - 2- 5 years working experience in a Life Insurance Actuarial environment.
- Financial Reporting (Advantage)

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