Actuarial Support
4 months ago
**Responsibilities**
- Contribute to Product Development.
- Research new market developments and generation of product ideas
- Guide IT team on programs used to administer business.
- Assist with automation and integration of other Group divisions on the administration system
- Implement and test automation of system programs for correctness and conduct audits on the administration system.
- Manage reinsurance treaties.
- Research risk rates and reinsurance terms available in the market.
- Manage and oversee reinsurance data and premiums are compiled and submitted to reinsurers monthly.
- Manage profit-share payouts from reinsurers.
- Monitor the correctness of actuarial valuation data.
- Manage and oversee the updating of financial transactions.
- Monitor and analyse in-force data.
- Manage the administration of retail pension funds.
- Manage the correctness and submission of tax directives to SARS on claims.
- Oversee that Finance is assisted with fund financial statements and assist Fund Valuator with fund valuations.
**Requirements**:
- B Degree Actuarial Sciences
- 3 - 5 years experience in long-term insurance.
- Passed CT 1- 9
**Job Type**: Permanent
**Salary**: R800 000,00 - R1 000 000,00 per year
**Experience**:
- Insurance industry: 3 years (required)
License/Certification:
- CT 1 - 9 Qualification (required)
Ability to Commute:
- Pretoria, Gauteng (required)
Ability to Relocate:
- Pretoria, Gauteng: Relocate before starting work (required)
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