Actuarial Analyst

2 weeks ago


Sandton, South Africa Progressive Edge Full time

Permanent
Sandton (In Office)

**Responsibilities**:
Assist with the development of appropriate pricing models
Develop pricing bases and draft policy wording
Conduct market research and produce quotations based on approved requests
Develop appropriate reserving tools and models
Perform monthly IBNR calculations
Embed models and tools developed by external valuation actuaries within the company
Support the development of appropriate valuation bases for both IFRS17 and FSI valuations
Develop and maintain embedded value models
Support the development of internal mortality tables and enhancements
Monitor experience across the business and support ad-hoc investigations
Support Management with ad-hoc actuarial focused investigations

**Requirements**:
Completed Actuarial related Degree
Exceptionally strong Academics, particularly in Mathematics
Student Actuary e.g. TASSA
Registered with the Institute of Actuaries or the Actuarial Society of South Africa

**Passes in all of the following key Technical Skills**: A211, A212, A213, A214, A111
Minimum 2 to 3 years of Valuations experience preferred (practical work experience)
Financial Services Industry Solvency Assessment and Management (SAM) framework Technical Requirements
Data Analysis Basics
Statistical Regression and other related Statistical Techniques to support trend analysis

**Technical skills**: Excel, Access, VBA, SQL, PowerBI, Prophet, etc.
Ability to examine information, interpret data, produce output, and challenge ideas
Strong communication skills to interact with people and articulate information
Ability to explore possibilities and work on project-based assignments


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