Actuarial Analyst

1 week ago

Cape Town, Western Cape, South Africa Momentum Corporate Full time

Introduction

Through our client-facing brands Metropolitan and Momentum, withMultiply (wellness and rewardsprogramme), and our other specialist brands, includingGuardrisk and Eris Property Group,the group enables business and people from all walks of life toachieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members.Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan providespractical financial solutions for people, communities and businesses. Visit us at

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

Momentum Corporate has an Actuarial Analyst position available in the Actuarial Consulting division. The role of the successful candidate will be to support the actuaries and the team to deliver comprehensive actuarial services to a portfolio of retirement funds and corporate clients.

Candidates with a degree in actuarial science, business science, mathematics, statistics, or other suitable finance-related degree are invited to apply. A non-actuarial student or an actuarial student who has terminated actuarial studies is preferred. An actuarial student who is at the foundational and intermediate technical exam stage may be considered.

Requirements

  • A candidate with a minimum of three years' work experience preferably in a relevant actuarial field is required e.g. experience in actuarial valuations of retirement funds or employer liabilities or related work. An actuarial student with no prior experience and a minimum of four actuarial subject passes or exemptions may be considered.

  • Bachelor's degree in actuarial science, business science, mathematics, statistics or other finance-related degree

  • Strong Microsoft Excel and Word skills

Duties & Responsibilities

  • Carrying out retirement fund valuations and financial reviews

  • Conducting accounting valuations of employer liabilities and assets

  • Calculations in respect of and preparation of member transfer (Section 14) certificates

  • Preparing valuation reports and other documents

  • Individual calculations of members' benefits including minimum benefits

  • Assisting with the management of client accounts e.g. invoicing

  • Carrying out special actuarial investigations and projects

  • Calculation of investment returns

  • Assisting the actuaries in terms of providing excellent customer service to key clients

  • Preparing agenda items for presentation at trustee meetings

  • Regular interaction with retirement fund administrators and accountants, and other providers of data

Competencies

  • Ability to work under pressure

  • Attention to detail

  • Planning and organising skills

  • Initiative

  • Accuracy

  • Excellent analytical, communication and technical skills

  • Ability to work in a team as well as independently

  • Ability to set and maintain high work standards

  • High levels of energy and creativity

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