Junior Actuarial Analyst

2 weeks ago

Johannesburg, South Africa PPS Recruitment Full time

**Job Advert Summary**:
**Purpose of the Job**:
To support the Senior Manager: Actuarial Services in fulfilling their duties regarding capital management, investment management, adequacy of reinsurance, solvency reporting and statutory reporting.

To focus on the Capital & Balance Sheet Management activities of PPS Insurance Company and PPS Insurance Namibia (i.e. the life insurance companies in the Group) through knowledge of Life Insurance valuations.

**Minimum Requirements**:
**Education**:

- Matric (Grade 12)
- Completed University Degree majoring in Actuarial Science

**Experience**:

- No experience required but knowledge of ORSA, SAM and Economic Capital would be preferred

**Knowledge and Skills**:

- Knowledge of MS Office
- Strong Excel skills required, SQL skills would be of benefit

**Competencies**:

- Excellent verbal and written communication skills
- Teamwork - must be able to work well as a member of a team
- Can work under pressure
- Good interpersonal skills
- Ability to present ideas in user-friendly language
- Self-motivated and directed, with keen attention to detail
- Able to prioritise and execute tasks.

As a responsible employer, PPS encourages you to vaccinate and take the recommended vaccine boosters. The Company reserves the right to amend this stance, as and when required.

**Duties and Responsibilities**:

- Assist in the development of actuarial models for existing and future business and the implementation of these on the Prophet and other relevant systems
- Conducting regular actuarial investigations, including asset-liability matching investigations
- Regular development of solvency calculation models to ensure they are in line with regulatory and business requirements
- Providing support with the compilation of and regular reporting related to the ORSA
- Assistance with completion of annual returns
- Providing actuarial support to various other areas, and the broader business
- Alignment of PPS Actuarial functions with published ASSA guidance notes, and other regulatory requirements

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