Actuarial Analyst: Balance Sheet Management
3 days ago
**Introduction**
- To assist with the efficient functioning of the Balance Sheet Management function by providing actuarial support to Guardrisk and its clients
**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.
**Role Purpose**
- To assist with the efficient functioning of the Balance Sheet Management function by providing actuarial support to Guardrisk and its clients
**Requirements**:
- Bachelor’s degree in actuarial science
- Making good progress towards qualification as a Fellow
- At least 3 years’ working experience, preferably in Non-life insurance
- Expert knowledge MS Office
- Advance knowledge of MS SQL
- Intermediate to advanced programming experience
- Advanced understanding of the components of SCR as prescribed by the prudential standards. Cell captive specific experience advantageous
- Experience in Non-life valuations will be an advantage
- Understanding of relevant legislation, i.e. Insurance act, Prudential standards, IFRS 4 and IFSR17
**Duties & Responsibilities**
- Predominantly involved with South African clients
- Maintain models calculating IFRS reserves
- Maintain models for SAM SCR and Technical Provisions
- Assist and take ownership of the capital projections for the ORSA
- Assist with cells and promoter dividend declarations process
- Perform monthly capital calculations for Guardrisk and its clients
- Actively participate and take ownership of quarterly and annual regulatory deliverables
- Internal and external stakeholder engagement on accountable areas
- Contribute to BSM Non-Life software and process automation
- Assist with IFRS17 modelling of LRC and LIC provisions
- Actively participate in initiatives to optimise capital for Guardrisk and its clients
**Competencies**
- Quick learner and self-starter
- Good written and verbal communication skills
- Collaborative attitude with interpersonal skills
- Strong analytical and problem-solving skills
- Ability to commit to deadlines and work efficiently and accurately under pressure
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