Actuarial Analyst

3 weeks ago


Pretoria, South Africa Global e-Talent Full time

**Detailed description**
- Provide actuarial support concerning both solo and group entities, which includes scrutinising the financial soundness of non-Life insurers, participation in on-site visits to non-Life insurers, and the consideration of internal model approvals.
- Scrutinise and check the compliance of submissions by non-Life insurers actuaries.
- Assist in maintaining the statutory returns required by regulated entities.
- Participate in projects initiated within the PA and industry forums.
- Develop and test systems and procedures for internal use.
- Maintain and upgrade databases.
- Participate in and execute projects initiated within industry forums.
- Transfer knowledge and skills to stakeholders, both inside and outside of the PA.

**Job requirements**
- Have a relevant Bachelors degree in Actuarial Science;
- 3.5 to 8 years relevant working experience, preferably in the non-Life insurance industry.

**Job related attributes**:

- Good communication (verbal and written) skills
- Ability to perform under pressure without compromising quality
- Ability to work independently and within a team
- Good interpersonal skills
- Proactive problem-solving skills

**Job related skills and knowledge**:

- Solvency Assessment and Management (SAM) experience.
- Computer literacy (preferably including programming skills).
- Ability to understand complex financial models; and
- Ability to deal professionally with internal and external clients. Additional requirements are as follows:

- Knowledge of the Insurance Act 18 of 2017.
- Knowledge of the prudential standards.
- Knowledge of the risks that insurers take; and
- Reliable own transport as the position requires travel between the PAs offices in Pretoria and the offices of supervised entities that are generally outside of Pretoria.


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