Strategic Actuarial Professional
6 days ago
Network Recruitment is a leading recruitment agency that connects top talent with exciting job opportunities.
We are currently looking for a Strategic Actuarial Professional - Non-Life Insurance to join our client's team in Sandton. This role offers a unique opportunity to work on challenging projects and contribute to the success of the organization.
This position involves working as an Actuarial Analyst Non-Life, utilizing advanced knowledge of MS Office and MS SQL to drive business growth. The ideal candidate will have intermediate to advanced programming experience and a strong understanding of components of SCR as prescribed by prudential standards.
- The successful candidate will possess advanced knowledge of triangulation methods and large loss reserving techniques for valuing IBNR.
- They will also have a strong understanding of relevant legislation such as the Insurance Act, Prudential Standards, IFRS 4, and IFRS 17.
- Bachelor's degree in Actuarial Science or equivalent qualification is required, along with completed or exempted from at least 6 CT actuarial exams.
- A minimum of 3 years of working experience in a relevant actuarial role is also necessary.
The primary responsibilities of this role include:
- Providing actuarial support for non-life insurance operations.
- Developing and maintaining complex models using advanced mathematical techniques.
- Collaborating with cross-functional teams to drive business growth and improve efficiency.
- Staying up-to-date with industry developments and regulatory requirements.
To be considered for this role, you must possess:
- Advanced knowledge of MS Office and MS SQL.
- Intermediate to advanced programming experience.
- Strong understanding of components of SCR as prescribed by prudential standards.
- Non-life insurance experience is a plus.
- Knowledge of relevant legislation such as the Insurance Act, Prudential Standards, IFRS 4, and IFRS 17.
- Advanced understanding of triangulation methods and large loss reserving techniques for valuing IBNR.
Our client offers a competitive salary of R1,200,000 per annum, making this an attractive opportunity for professionals seeking a challenging role in the actuarial field.
If you are a motivated and experienced actuarial professional looking for a new challenge, please submit your application via email to Network Recruitment. We look forward to hearing from you
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