Senior Actuarial Analyst

2 days ago


Sandton, South Africa Boardroom Appointments Full time

Senior Actuarial Analyst (Life)

Qualifications and Experience:

  • Bachelors degree in Actuarial Science or a related field.
  • Significant progress towards becoming a Fellow of an accredited actuarial body.
  • 3-6 years of experience within the life insurance industry.

Core Skills and Competencies:

  • Strong passion for problem-solving and tackling complex challenges.
  • Proven ability to meet deadlines and maintain accuracy under pressure.
  • Proficiency in MS Office, particularly Excel and Word.
  • Familiarity with IT tools such as Prophet, DCS, and SQL (an advantage).
  • Eagerness to enhance technical expertise in information technology.
  • Experience with life valuations and SAM reporting (advantageous).
  • A quick learner with a proactive and independent approach.
  • Excellent written and verbal communication skills.
  • Strong interpersonal skills and a collaborative mindset.
  • Advanced analytical and critical thinking abilities.

Key Responsibilities:

  • Manage models for IFRS reserve calculations for assigned cell clients.
  • Maintain models for SAM SCR and Technical Provisions for allocated clients.
  • Contribute to the ORSA process for designated client accounts.
  • Consult with clients on balance sheet management and provide actionable insights.
  • Assist with regulatory return preparation and address related inquiries.
  • Collaborate with internal and external stakeholders to ensure deliverables are met.
  • Enhance BSM Life software and streamline processes through automation.
  • Participate in IFRS 17 implementation as part of a cross-functional project team.
  • Offer thought leadership and mentorship within the actuarial specialist team.


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