Senior Actuary

6 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Actuarial Analyst Job Description

Network Recruitment is seeking a highly skilled Actuarial Analyst to join our team in Johannesburg. As an Actuarial Analyst, you will play a pivotal role in evaluating liabilities, analyzing and allocating profits, and driving the creation of groundbreaking products.

Key Responsibilities:
  • Evaluate liabilities under IFRS17 and SAM, and analyze and allocate profits.
  • Support the development, enhancement, and documentation of systems and processes for profit and liability calculations.
  • Drive changes and improvements in valuation and analysis methodologies as needed.
  • Assist with completing valuator, statutory, and ASISA returns.
  • Prepare management reports and conduct special investigations as required.
  • Provide consistent and effective service to internal and external clients, ensuring high-quality interactions with all stakeholders.
  • Contribute to projects, initiatives, ad hoc queries, and team efforts.
  • Conduct experience investigations for expenses, lapses, morbidity, and mortality to refine and improve assumption bases.
Requirements:
  • At least 3 years in Life Insurance actuarial roles, focusing on valuations and reporting (SAM, IFRS4, and EV); IFRS 17 preferred.
  • Strong technical execution skills with a proven track record.
  • Experience with Prophet and DCS preferred.
  • SQL or programming skills and comfort with large data sets preferred.
Education:
  • BSc in Actuarial Science (Honours is advantageous)
  • Making good progress with actuarial exams - AMASSA exam level preferable

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