Senior Actuarial Specialist

2 weeks ago


Johannesburg, South Africa Hollard Recruitment Full time

**Job Advert Summary**:
To calculate the capital requirements and solvency position of the non-life insurance business, and submit the relevant regulatory returns on a quarterly basis. Responsible for maintaining and improving the robustness of the capital calculation and reporting processes, and supporting the business with requests regarding the solvency implications of business ventures.

**Required Knowledge and Experience**:

- Calculation of the Solvency Capital Requirements
- Projection of the solvency positions
- Completion of the statutory returns
- Calculation of the return on capital, and reporting to business stakeholders
- Maintaining the internal model and calculating the economic capital requirement
- Assist with solvency-related input to the ORSA
- Provide inputs to the HAF
- Assist with capital optimisation
- Assess the solvency implications of new projects and business ventures
- Reporting to internal committees
- Knowledge of the prudential standards
- Excellent Excel skills
- Programming experience would be beneficial, particularly in:

- Remetrica
- VBA
- SQL
- Accuracy, quality and deadline driven

**Educational Requirements**:

- Relevant Degree
- Minimum 3 Years short-term actuarial experience
- Passed 13 - 15 actuarial exams



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