Senior Actuarial Analyst | Life Corporate Actuarial | Durban

3 days ago


Durban, South Africa The Recruitment Council Full time

Our client, a major Banking and Financial Services provider in South Africa, is looking to urgently place a Senior Actuarial Analyst to provide actuarial solutions to internal and external clients within their life corporate actuarial team.

Responsibilities:

- 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.

- Assistance with 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.

- Input into the annual budgeting process of the company for the life licences.

- Input into basis setting exercises of the company.

- Communication of results to actuarial managers for further action.

- Input into the completion of Actuarial Committee and Board packs.

- Be an active member of the Actuarial team and help to mentor and guide junior staff.

- Contribute to a culture conducive to the achievement of transformation goals by participating in the company’s culture building initiatives (e.g. staff surveys etc.).

- Support and encourage staff to participate and support corporate responsibility initiatives.

- Stay abreast in the field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.

- Contribute to team effectiveness by following the recruitment process when recruiting talent.

- Maintain a capable high-performing team and ensure 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 (e.g. rotation).

- Ensure 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:

- 2 – 4 years in the Corporate Actuarial environment.

- Life Corporate Actuarial experience.

- Minimum of 6 – 8 exams (via Assa).

Technical / Professional Knowledge:

- Administrative procedures and systems

- Banking knowledge

- Business principles

- Business terms and definitions

- Data analysis

- Governance, Risk and Controls

- Microsoft Office

- The company’s culture and values

- The company’s vision and strategy

- Relevant software and systems knowledge

- Business writing skills

Behavioural Competencies:

- Adaptability

- Applied Learning

- Communication

- Collaborating

- Innovation

- Work Standards

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