Actuarial Consultant

5 days ago


Sandton, South Africa Skill Shed Full time
Job Description for Actuarial Consultant

We are seeking a highly skilled Actuarial Consultant to join our team at Skill Shed. The ideal candidate will possess expertise in actuarial science, strong analytical skills, and excellent communication abilities.

Key Responsibilities:
  • Assist senior managers as needed by providing actuarial guidance and support.
  • Develop and implement reserving strategies, statutory valuations, and SAM Pillar I requirements.
  • Design and price products to meet business objectives while maintaining regulatory compliance.
  • Conduct capital modeling and asset liability modeling to inform business decisions.
  • Support the Head of Actuarial Function and Appointed Actuary in their roles.
  • Review reinsurance arrangements and draft reports on key findings.
  • Draft communications and reports to stakeholders, ensuring clarity and accuracy.
  • Collaborate with consulting actuaries to deliver high-quality services to clients.
  • Perform market studies and research to stay up-to-date on industry trends.
  • Prepare Embedded Value (EV) reports and analyze surplus/Embedded Value for clients.
  • Lead Own Risk & Solvency Assessments (ORSAs) and Financial Condition Reports (FCRs).
  • Ensure timely implementation of IFRS 17 and provide ongoing support and reviews.
  • Maintain professional standards and adhere to ethical practices.
  • Train and mentor junior staff members to enhance their actuarial knowledge and skills.
Requirements:
  • Bachelor's degree in Actuarial Science or a related field.
  • Professional certifications (e.g., FIA, ACII, FCAS) and relevant experience.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to work independently and collaboratively in a team environment.
Salary and Benefits:

The estimated annual salary for this role is $80,000 - $110,000, depending on location and experience. We offer a comprehensive benefits package, including health insurance, retirement plan, and paid time off.

About Us:

Skill Shed is a dynamic organization committed to delivering exceptional services to our clients. We value innovation, teamwork, and continuous learning. If you are a motivated actuary looking for a challenging role, we encourage you to apply.



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