Actuarial Valuations

1 week ago


Johannesburg, South Africa Isilumko Staffing Full time

Preparations and validations of the Actuarial data
- Check the completeness of data
- Preparation and creation of model points through Prophet DCS
- Perform data checks to ensure data accuracy and completeness
- Liaise with IT to improve data efficiency

Perform monthly valuations of liabilities
- Perform monthly valuations of liabilities through Prophet
- Preparations, compile and analysis of the IFRS results

Model review and improvements
- Assists with model developments
- Assists with basis changes

Special Projects
- Assists with special projects from management
- Assists with development and improvements of products

Provide assistance with the budget
- Assists with the budget runs.
**Requirements**:
Formal Education
- Relevant B degree in Actuarial Science and progress with the CT exams

Experience
- 1- 2 years working experience in a Life Insurance Actuarial environment.
- Financial Reporting (Advantage)

Competencies Knowledge
- Technical: Technical understanding of Actuarial Science techniques, calculations and principles, as well as financial analysis and interpretation.
- Legislative: Knowledge of the relevant legislation, regulation of the South African insurance industry.
- Code of Conduct of ASSA: Knowledge of the professional guidance and code of conduct of the Actuarial Society of South Africa (ASSA)

**Skills**:

- MS Office: Advanced Excel, Word, VBA (Advantage)
- AnalyticalAbility to think through and solve complex problems
- Communication: Able to communicate clearly to colleagues & external teams, as well have great interpersonal skills
- ComputerProphet Knowledge (Advantage), SQL (Advantage)

Attributes
- Ability to work independently
- Ability to integrate into an existing team
- Produce a high standard of work
- Proactive
- Ability to multitask
- Ability to work under pressure and results orientated
- Attention to Detail

Other special requirements
- **Member of ASSA/ currently enrolling


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