Actuarial Analyst

**Job Classification**

JOB REQ: 114804 - Refilwe Falatsi

Employment Equity Statement: Preference will be given to individuals from underrepresented groups.

Job Family

Risk, Audit and Compliance

Career Stream

Actuarial

Leadership Pipeline

Manage Self: Technical

**Job Purpose**

To provide actuarial solutions to internal and external clients within the insurance industry; in line with Nedbanks Client Value Proposition.

**Responsibilities**:

- Conduct and compile Industry research and product development to provide the most appropriate range of products to clients.
- Identify and interpret relevent information using logic to seek cause and effect relationships.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Evaluate performance of fund/investment through regular review.
- Develop software proficiency to deliver required outputs.
- Express ideas or facts clearly in written documentation so that the content is understood by the recipient.
- Develop sound product and industry knowledge.
- Assess the impact of regulation on the business and implementing required changes.
- Interact with internal and external clients to assess needs and provide solutions.
- Provide feedback and presentations to stakeholders.
- Develop and use collaborative relationships to facilitate the accomplishment of work goals.
- Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
- Identify training courses and career progression for self through input and feedback from management.
- Ensure all personal development plan activities are completed within specified timeframe.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
- Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

**People Specification**

Essential Qualifications - NQF Level
- Advanced Diplomas/National 1st Degrees

Preferred Qualification

B.Degree in Actuarial Science

Essential Certifications

Preferred Certifications

Must be a Member of ASSA or ASABA.

Type of Exposure
- Comparing two or more sets of information Working with a group to identify alternative solutions to a problem
- Completing various administrative and secretarial duties (e.g.; answering phones; making copies; filing)
- Managing conflict situations
- Sharing information in different ways to increase clients understanding
- Communicating internally and external
- Capturing data
- Checking accuracy of reports and records.
- Drafting reports
- Building and maintaining effectiv3e relationships with internal and external clients
- Managing customer expectations
- Interacting with diverse people
- Working in a fast-paced environment
- Working in a team
- Working with spreadsheets

Minimum Experience Level

1 -3 years in the Actuarial field.
- Non-Life Insurance
- Pricing or Corporate Actuarial experience.

**Technical / Professional Knowledge**
- Administrative procedures and systems
- Banking knowledge
- Business principles
- Business terms and definitions
- Data analysis
- Microsoft Office
- Relevant software and systems knowledge
- Business writing skills
- Governance, risk and controls

Behavioural Competencies
- Adaptability
- Applied Learning
- Communication
- Collaborating
- Innovation
- Work Standards
- **_Please contact the Nedbank Recruiting Team at
+27 860 555 566
_