Financial Risk Management Professional

6 days ago


Durban, KwaZulu-Natal, South Africa The Recruitment Council Full time

Our client, a major Banking and Financial Services provider in South Africa, is looking to urgently place an experienced Actuarial Expert with our partner organization, The Recruitment Council. This position will be based within their life corporate actuarial team.

Responsibilities:

  • The completion of monthly IFRS reserving results for the Life Licence of the company.
  • Completion of SAM returns on a quarterly basis, as well as annual SAM returns, for the Life licences.
  • Investigations of results to identify trends and spaces for improvement in existing processes.
  • Supporting the automation of existing processes in the life valuations space to improve efficiency.
  • Documentation of existing and new processes.
  • Input and completion of actuarial elements of the company's ORSA returns.
  • Contribution to the annual budgeting process of the company for the life licences.
  • Participation in basis setting exercises of the company.
  • Effective communication of results to actuarial managers for further action.
  • Input into the completion of Actuarial Committee and Board packs.
  • Maintaining a capable high-performing team and ensuring an environment for optimal performance is created by identifying talent pool through conducting career conversations; utilising the talent grid principles and developing talent retention programmes.
  • Ensuring self and staff understand and embrace the company's Vision and Values by leading by example and re-enforcing values during meetings.

Qualifications:

  • Advanced Diplomas/National 1st Degrees
  • Bachelor of Commerce, Bachelor of Science

Experience:

  • A minimum of 2 years of experience in the Corporate Actuarial environment.
  • Life Corporate Actuarial experience.
  • Minimum of 6 exams (via Assa).

Technical / Professional Knowledge:

  • Administrative procedures and systems
  • Banking knowledge
  • Business principles
  • Data analysis
  • Governance, Risk and Controls
  • Microsoft Office
  • Relevant software and systems knowledge
  • Business writing skills

Behavioural Competencies:

  • Adaptability
  • Applied Learning
  • Communication
  • Collaborating
  • Innovation
  • Work Standards


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