Actuarial Data Specialist

2 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Actuarial Analyst Position in Cape Town
Cape Town, South Africa
About the Role
Network Recruitment is seeking a highly skilled Actuarial Analyst to join their esteemed Life team in Cape Town. This position offers an exceptional mix of technical actuarial duties and commercial exposure.

The successful candidate will play a pivotal role in consolidating valuation results, generating insightful business analyses, and presenting key findings to senior management.

Key Responsibilities:
  • Conduct detailed analysis and consolidation of Embedded Value (EV) results, preparing thorough reports.
  • Evaluate and report on financial performance, including profit and new business flows.
  • Maintain and update valuation basis reports, ensuring precision in monthly pricing.
  • Oversee monthly cash flows and EV sensitivities, and assess new business value.
  • Develop and consolidate profit reports for the Retail Affluent sector.
  • Supply essential information to both internal and external auditors.
  • Implement and interpret reporting processes in line with IFRS17 standards.
  • Produce management reports and tackle various investigative tasks as needed.


Requirements:
  • Nearly qualified or recently qualified Actuary with a BSc in Actuarial Science or a related field.
  • 3-5 years of pertinent experience in actuarial reporting.
  • Proficiency with actuarial reporting standards, including IFRS, EV, VNB, and SAM bases.


Salary Estimate:
R1 300 000 - R1 800 000 per annum,
depending on qualifications and experience.
Net salary: approximately R90 000 - R130 000 per month.

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