Pricing Actuarial Specialist
2 weeks ago
One of the fastest growing banks in South Africa is looking for a Pricing Actuarial Specialist
**Job & Company Description**:
This
**Bank **is South Africa’s only specialist agricultural bank established in 1912. The bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach.
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, validate and analyse data including policy movements, data reconciliations and preparation of actuarial investigations in order to come up with a pricing basis and models for purposes of technical pricing of the company’s products for both short-term and long-term insurance businesses.
**Education**:
- Relevant 3-year qualification in Actuarial Science or Mathematical Statistics and a student member of the Actuarial Society of South Africa (ASSA).
- At least 3 actuarial exemptions from ASSA or from an equivalent recognized professional actuarial body (e.g. Institute and Faculty of Actuaries).
- 2-4 years actuarial experience in life and/or short-term Insurance industries either in product development and/or pricing. Agricultural specific insurance will be advantageous but not essential. Previous experience in a corporate (IFRS, SAM and/or ORSA) actuarial environment is advantageous but not essential.
- At least 3 actuarial exemptions from ASSA or equivalent recognized professional actuarial body (e.g. Institute and Faculty of Actuaries).
**Job Experience & Skills Required**:
- Corporate actuarial (IFRS17, SAM, ORSA)
- Product development and pricing
- Data collection and analysing
- Reinsurance analysis
For more information contact:
Specialist Consultant: Capital Markets and Finance
For more information please contact:
Jeremiah Aderibigbe
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