Actuarial Specialist: Corporate Actuarial

1 week ago


Johannesburg, 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

Perform advanced actuarial production processes under limited supervision to support 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 reserving
- Production of management information
- Production of experience analyses as an input for basis setting / pricing exercises; setting of valuation and pricing bases
- Production of actuarial exercises such as reserving, capital, and pricing
- Production of analysis of earning, risk reporting and analytics, and inputs to forecasting and planning processes

2. Product development and management to enable business performance and drive customer value, including:

- Production of competitor research and understanding of the landscape and technical product analysis as inputs to product design
- Creating advanced product design, formulation of product specifications and implementing major product enhancements

3. 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 models

4. Coordination of a committee / forum to enable business and risk management execution and oversight for a sound control environment and:

- 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

5. People management responsibilities to support talent development and business resilience

May have 1 to 2 junior direct reports

Education

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



  • Johannesburg North, South Africa Communicate Recruitment Full time

    Are you an accomplished and driven Senior Actuary seeking a new challenge in the non-life insurance industry? An exciting opportunity has arisen at a leading insurance firm for a qualified Actuary that will be stepping into a junior executive role. **Job & Company Description**: **Education**: - BSc Actuarial degree - Qualified Actuary **Job Experience &...


  • Johannesburg, Gauteng, South Africa SPECD Pty Ltd Full time

    About SPECD Pty LtdSPECD Pty Ltd is recruiting for the position of a HEAD OF CORPORATE ACTUARIAL to join a leading insurance company that specializes in offering insurance products for employees across many industries. Reporting to the Executive Actuary, the Head of Corporate Actuarial will be responsible for overseeing a team of actuarial professionals that...


  • Johannesburg, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Actuary Jobs in Johannesburg- Salary- R700k - R800k- Job Type- Permanent- Education- BSc Actuarial Science + min. 7 CT’s- Experience- 2 - 3 years’ STI- Reference- 020721FJCAC02- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847Our client in Banking is in need of a Corporate Actuarial Consultant. Must have corporate...


  • Johannesburg, Gauteng, South Africa Mister Sparky Corporate Store Full time

    The role holder will be responsible to oversee team to perform routine Reserving or Capital tasks as assigned requiring minimal direct supervision; performs more complex analyses.Detailed descriptionThe successful candidate will be responsible for the following key performance areas:General- Provide actuarial services with minimal supervision.- Coordinate...


  • Johannesburg, South Africa The Recruitment Council Full time

    Our client, a major Banking and Financial Services provider in South Africa is looking to urgently place a Senior Actuarial Analyst to provide actuarial solutions to internal and external clients within their life corporate actuarial team. **Responsibilities**: - Completion of monthly IFRS reserving results for the Life Licence of the company. - Completion...


  • Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    Job DescriptionWe are seeking a highly skilled Financial Risk Analyst to join our Corporate Actuarial team. As a key member of our team, you will be responsible for providing actuarial solutions to internal and external clients.About the Job:Develop and implement actuarial solutions to drive business growth and improve efficiency.Analyze data and provide...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg North, South Africa Communicate Recruitment Full time

    My client, a leading insurer, is seeking an experienced Actuarial Specialist to join their leading team in a management role, reporting directly to the Head of Actuarial Valuations. **Job & Company Description**: **Education**: - BSc Actuarial Degree - Honours Degree will be advantageous - Qualified Actuary **Job Experience & Skills Required**: - Minimum...

  • Specialist: Actuarial

    2 weeks ago


    Johannesburg, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - 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...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking an experienced Actuarial Pricing Specialist to join our team at Network Recruitment. This role will involve working with prestigious corporate concerns in Gauteng, assisting them in exploring new commercial opportunities within the market.ResponsibilitiesMaintain, develop, and implement short-term insurance pricing models to ensure alignment...


  • Johannesburg, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Finance Jobs in Johannesburg- Salary- R600k - R550k- Job Type- Permanent- Education- Bachelor’s Degree in Actuarial Science- Experience- 3 years- Reference- ACS2406TM- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847Looking for growth, a great challenge and success in your job? How about working for a reputable...


  • Johannesburg, South Africa ABC Worldwide Full time

    **Urgently in need of a Head of Corporate Actuarial** **Role Purpose** The individual will be responsible for regulatory reporting, reserve setting, reinsurance and forecasting within Company. **Responsibilities and work outputs** - Report to the regulator regarding solvency and related matters. - Play a leading role in the analysis and preparation of...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, South Africa Goldman Tech Resourcing Full time

    **Job Information** - Location- Johannesburg- Salary- R1.1 million - R900k p/a- Job Type- Permanent- Education- Nearly qualified Actuary- Experience- 6 - 8 years experience- Reference- 281122HK2- - finance.vacancy(at)stand-outstaffing.co.za- Fax- 0Our reputable Financial Services client is looking for an Actuarial Specialist to be part of their team! This a...


  • Johannesburg, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Johannesburg- Salary- R 800 K - R 600 K p/a- Job Type- Permanent- Education- Nearly or Newly Qualified Actuary- Experience- Minimum of 3 years’ experience in Life Valuations- Reference- 201020FAAS- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847Our client, a leading short-term insurer is currently looking to fill...

  • Actuarial Analyst

    1 week ago


    Johannesburg, South Africa Rand Mutual Assurance Full time

    **THE JOB AT A GLANCE** As the Actuarial Analyst, you will be an integral part of the Corporate Actuarial team. You will be responsible for supporting the actuarial function in preparing monthly valuations, EXCO reports, building financial models, determining capital requirements, budgeting and embedded value calculations. **WHAT WILL YOU DO?** - Prepare...

  • Pricing Actuary

    3 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    An industry requiring specialist skills, deserves specialist recruitment.I am a Specialist Risk Analytics & Data Recruiter working with very prestigious corporate concerns in Gauteng. Assisting you in exploring new commercial opportunities within the market is my main priority.This will allow me to enhance your current skills within the FMCG, Manufacturing...

  • Pricing Actuary

    3 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    An industry requiring specialist skills, deserves specialist recruitment. I am a Specialist Risk Analytics & Data Recruiter working with very prestigious corporate concerns in Gauteng. Assisting you in exploring new commercial opportunities within the market is my main priority. This will allow me to enhance your current skills within the FMCG, Manufacturing...

  • Pricing Actuary

    3 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    An industry requiring specialist skills, deserves specialist recruitment.I am a Specialist Risk Analytics & Data Recruiter working with very prestigious corporate concerns in Gauteng. Assisting you in exploring new commercial opportunities within the market is my main priority.This will allow me to enhance your current skills within the FMCG, Manufacturing...

  • Pricing Actuary

    2 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    An industry requiring specialist skills, deserves specialist recruitment. I am a Specialist Risk Analytics & Data Recruiter working with very prestigious corporate concerns in Gauteng. Assisting you in exploring new commercial opportunities within the market is my main priority. This will allow me to enhance your current skills within the FMCG, Manufacturing...

  • Pricing Actuary

    3 days ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    An industry requiring specialist skills, deserves specialist recruitment.I am a Specialist Risk Analytics & Data Recruiter working with very prestigious corporate concerns in Gauteng. Assisting you in exploring new commercial opportunities within the market is my main priority.This will allow me to enhance your current skills within the FMCG, Manufacturing...


  • Johannesburg North, South Africa Communicate Recruitment Full time

    Optimize Pricing Strategies and Drive Business Growth! Are you a skilled Actuary with expertise in short-term pricing strategies? We have a fantastic opportunity waiting for you! Join a renowned organization and play a key role in shaping pricing decisions that will impact our business growth and profitability. **Responsibilities**: - Utilize your...