Actuarial Analyst

4 days ago


Cape Town, South Africa Group Finance Full time

**Introduction**

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

**Role Purpose**

An opportunity exists for an actuarial student within the Corporate Actuarial team that focuses on the Momentum Corporate Product Range. The individual will be responsible for various aspects of Embedded Value calculations, liabilities, analysis of surplus, budgets, cash flow projections and sensitivities for both IFRS and SAM reporting

**Requirements**:

- Bachelors Degree in Actuarial or Business Sciences
- A series exams complete with good progress made with later exams
- A good working knowledge of the MS-Office packages, specifically Excel and Word. Advanced Microsoft Excel capabilities will be a distinct advantage
- 3-5 years' relevant experience

**Duties & Responsibilities**
- Quarterly Embedded Value calculations
- Value of New Business calculations
- Analysis of the changes from one quarter to the next
- Capital calculations
- Providing reporting information required for ORSA (Own Risk and Solvency Assessment)
- Stress testing e.g. EV sensitivities.
- Assisting in the annual budget process.
- Quarterly forecasting
- Consolidation of the Momentum Corporate quarterly results
- Annual basis reviews

**Competencies**
- Strong analytical and problem solving skills
- The ability to commit to deadlines and work efficiently and accurately under pressure
- Attention to detail
- Commitment to living the values of Teamwork and Accountability


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