Actuarial Expert

1 day ago


Johannesburg, Gauteng, South Africa Old Mutual Full time
Job Description

Role Summary

We are seeking a highly skilled Actuarial Expert to join our team at Old Mutual. The successful candidate will be responsible for performing actuarial valuation reporting, collaborating with various teams and stakeholders, and ensuring processes are robust, efficient, and fit for purpose.

Key Responsibilities
  • Valuation and Financial Reporting
    • Responsible for accuracy and quality of consolidated financial reporting results for submission to the Old Mutual Group Actuarial Reporting team and Wealth Finance team.
    • Accountable for compliance with agreed policy and methodology as well as professional guidance and legislation.
    • Proactively provides analysis of results and recommends appropriate action back to the business and other stakeholders.
    • Responsible for accuracy and completeness of the actuarial portions of regulatory reporting for submission to the Old Mutual Group Actuarial Reporting team.
    • Responsible for the development and maintenance of actuarial models.
  • Process Efficiency and Automation
    • Ensure processes are efficient, robust, and fit for purpose.
    • Ensure the control environment is adequate and effective.
  • Provide Mentorship to Junior Actuarial Students
  • Ad-hoc Projects
    • Support the delivery of relevant projects, as and when these arise. These include (but not limited to) business planning and forecasting.
Requirements and Experience
  • Qualified or nearly qualified actuary (with a minimum of 11 exam credits)
  • At least 4 years actuarial experience
  • Experience in life investment products or life valuations will be advantageous
  • Strong analytic skills and attention to detail
  • IFRS 17 knowledge and Prophet skills will be a distinct advantage.
Skills
  • Business
  • Financial Analysis and Reporting
  • IFRS 17
  • International Financial Reporting Standards (IFRS)
  • Valuating
Education
  • Bachelors Degree (B): Actuarial Science (Required)

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