Actuarial Analyst

3 days ago

Johannesburg, Gauteng, South Africa Boardroom Appointments Full time R600 000 - R1 200 000 per year


Actuarial Analyst

Minimum Requirements:

  • Matric (Grade 12)
  • Advanced Diplomas/National 1st Degrees
  • Bachelor of Commerce , Bachelor of Science (Actuarial Science)

Responsibilities:

  • Assist with the completion of SAM returns on a quarterly basis, as well as
  • Annual SAM returns, for the Life licences.
    Regular development of solvency calculation models to ensure they are in line regulatory and business requirements.
  • Produce valuation results using Prophet.
  • Work with the wider Life Corporate Actuarial team to develop and
    improve actuarial models for existing and future business, and assist with the implementation of these in Prophet.
  • Conduct actuarial experience investigations as part of the basis setting
    exercises of the company.
  • Assistance with ensuring integrity of data for valuation work and
    experience investigations.
  • Providing ad hoc actuarial support to various other areas, and the
    broader business, including:
  • Assistance with monthly IFRS reserving results.
  • Assistance with the annual budgeting process.
  • Assistance with pricing of Life Products.
  • Communication of results to actuarial managers for further action.
  • Assistance with the completion of Actuarial Committee and Board packs.
  • Assistance with the automation of existing processes in the life
    valuations space to improve efficiency.
  • Investigations of results to identify trends and spaces for improvement in existing processes.
  • Documentation of existing and new processes.
  • Be active member of the Actuarial team and take initiative in own
    development.
  • Contribute to a culture conducive to the achievement of transformation
    goals by participating in Company Culture building initiatives (e.g. staff
    surveys etc.).
  • Support and encourage staff to participate and support corporate
    responsibility initiative.
  • Stay abreast in 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.

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