Actuarial Specialist

20 hours ago

Auckland Park, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

Overall job purpose

To plan, manage and monitor the implementation of actuarial activities and processes in order to deliver on approved operational plans in an effective and efficient manner. This role supports sound management of business performance and financial risk.

**Job Description**:
Key accountabilities

Management of complex actuarial production processes to deliver sound management of business performance and financial risk.

Processes may include:
1. Analytics and financial reporting to ensure accurate financial reporting and support management decision making:

- Preparation and analysis of data as inputs to actuarial calculations such as capital projections
- Production of management information
- Production of actuarial exercises such as Group SAM reporting, this entails co-ordinating inputs from the various BAU’s.
- Production of Group ORSA processes, this entails co-ordinating inputs from the various BAU’s.

2. Running models to ensure accurate financial reporting and support management decision making at an advanced level
- For inputs to processes such as reserving, capital, pricing or business case modelling
- Development of and maintenance of advanced spreadsheet models which may include planning and capital and risk modelling
- Development of and maintenance of actuarial open platform software complex models

3. Review and sign off results
- Perform independent review and provide actuarial opinions to ensure accuracy of outputs for sound business decision making and ensuring a robust control environment

4. Coordination of a committee / forum to enable business and risk management execution and oversight for a sound control environment
- Understand and deliver requirements of internal stakeholders, within the same business unit
- Understand and deliver requirements of internal stakeholders, not within the same business unit i.e. Risk, Group
- Draft papers for committees on results and present to those committees.

5. 1st line quality / assurance review and checking (to ensure accuracy of outputs for sound business decision making and ensuring a robust control environment).

Education

Bachelor's Degree: Actuarial Science
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

  • Chief Actuary

    4 days ago

    Auckland Park, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Actuarial Specialist

    1 week ago

    Kempton Park, South Africa Mass Staffing Projects Full time

    An exciting opportunity exists at a large insurer in Johannesburg. They are looking for an Actuarial Specialist to join their young, dynamic team. **Experience and Qualifications required**: - 3-5 Years related experience. - ST/LT experience - Strong reserving skills

  • Actuarial Specialist

    7 months ago

    Kempton Park, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Kempton Park- Salary- (R1mil - R800K) per annum- Job Type- Permanent- Education- AMASSA / Fellow- Experience- 2+ Years Experience- Reference- RAA-AP- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847An exciting opportunity exists at a large insurer in Johannesburg. They are looking for an Actuarial Specialist to join...

  • Specialist: Actuarial Services

    1 day ago

    Menlyn Park, South Africa Assupol Life Ltd. Full time

    Purpose To ensure the accuracy and reliability of the products and systems from an actuarial perspective. Duties & Responsibilities: **1. Maintain optimal system accuracy and performance from a values and functionality perspective** - Provide specifications to IT team on programs used to administer business - Implement and test automation of system...

  • Specialist: Actuarial Services

    1 day ago

    Menlyn Park, South Africa Assupol Full time

    Description Purpose To ensure the accuracy and reliability of the products and systems from an actuarial perspective. Duties & Responsibilities: **1. Maintain optimal system accuracy and performance from a values and functionality perspective** - Provide specifications to IT team on programs used to administer business - Implement and test automation of...

  • Specialist: Actuarial Valuations

    5 days ago

    Menlyn Park, South Africa Assupol Life Ltd. Full time

    PURPOSE STATEMENT To ensure the accuracy and reliability of the products and systems from an actuarial perspective. MAIN OUTPUTS AND RESPONSIBILITIES FOR THIS POSITION - (Please provide a short description under each heading/output) 1. Preparations and validations of the Actuarial data - Check the completeness of data. - Preparation and creation of model...

  • Specialist: Actuarial Services

    9 months ago

    Menlyn Park, South Africa Assupol Life Ltd. Full time

    Duties & Responsibilities: - **Maintain optimal system accuracy and performance from a values and functionality perspective** - Assist with implementation and test automation of system programs for correctness on the administration system - Assist with automation and integration of other Assupol Group divisions on the administration system Provide accurate...

  • Specialist: Actuarial Services

    9 months ago

    Menlyn Park, South Africa Assupol Full time

    Description Duties & Responsibilities: - **Maintain optimal system accuracy and performance from a values and functionality perspective** - Assist with implementation and test automation of system programs for correctness on the administration system - Assist with automation and integration of other Assupol Group divisions on the administration...

  • Specialist: Investment Analyst

    2 weeks ago

    Menlyn Park, South Africa Assupol Life Ltd. Full time

    1. Conduct research and perform analysis (TCF) - Conduct research into different areas of investment management as identified. - Conduct research into different areas of investment management flowing from the results of the analysis of the investments. - Analysis of fund manager performance against identified benchmarks and the mandate provided to the...

  • Hardware Lighting Plumbing Sales Manager

    5 days ago

    Kempton Park, South Africa Xvalue Supply Chain Management (Pty) Ltd Full time

    5 or more years management and sales experience, within the Pipe ,tools ,lighting hardware industry is essential and not negotiable Computer literate advanced skilled on Microsoft ware. Strong management, trading and negotiating skills Achieving growth and achieve sales targets successfully managing the sales team Designing and implementing a strategic...