(306) Associate Actuarial Analyst - RSD - Pretoria
South African Reserve Bank
Brief description The purpose of this position is to realise the responsibilities of the Prudential Authority (PA) in respect of the supervision and regulation of non-life actuarial risks in insurance entities. The successful candidate will be involved in operational duties associated with on- and off-site analysis and will be part of a team of risk specialists in the PA who are responsible for providing specialist knowledge, skills and experience in the non-life actuarial risk management area. Detailed description The successful candidate will, among others, be responsible for the following key performance areas: Supervision Provide actuarial support concerning both solo and group entities, this includes but is not limited to: scrutinising the financial soundness of non-life insurers; participation in on-site visits to non-life insurers; consideration of internal model approvals; Scrutinise and check compliance of submission by the non-life insurers; Assisting in maintaining the statutory returns required of regulated entities. Participate in projects initiated within the PA Developing and testing systems and procedures for internal use; Maintain and upgrade databases; Participate in and execute projects initiated within industry forums; and Transfer knowledge and skills to stakeholders both inside and outside the PA.
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