Actuarial Analyst
3 days ago
Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.
Role Purpose
Perform reserving calculations and regulatory capital reporting and assist with capital management and regulatory compliance for Guardrisk Life Limited.
Duties & Responsibilities
Maintain allocated cell client models calculating IFRS4 and IFRS17 reserves.
Maintain allocated cell client models for SAM SCR and Technical Provisions.
Participate in the ORSA process for allocated clients.
Direct client engagement on balance sheet management matters.
Assist in regulatory return preparation and dealing with queries.
Internal and external stakeholder engagement on accountable areas.
Contribute to BSM Life software and process automation.
Contribute to IFRS17 implementation as part of multi-disciplinary project team.
Predominantly involved with South African clients, but also involved with Mauritian life operations.
Requirements
Bachelor's Degree in Actuarial Science
Newly qualified actuary or making good progress towards qualification as Fellow
3-6 years working experience, preferably in life insurance
Competencies
You must love a challenge
Ability to work accurately under pressure
Experience in information technology (Prophet, DCS and SQL experience will be an advantage), with a willingness to learn more
Experience in life valuations and SAM reporting will be an advantage
Quick learner and self-starter
Good written and verbal communication skills
Collaborative attitude with interpersonal skills
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