SENIOR ACTUARIAL ANALYST - Gauteng
Our actuarial department (Actuarial Services) is looking for a talented, driven and experienced actuarial resource to join our Valuations Department. Being part of our team offers the opportunity to gain exposure to a wide variety of actuarial work in a life insurance environment. Responsibilities: Acquiring adequate product and systems knowledge. Data verification. Assumption setting. Maintenance, setup and running of Prophet valuation models. Consolidation of valuation results and report writing. SCR and economic capital calculations. Responding to auditor queries. Completion of relevant sections of quarterly and annual statutory returns to the Regulator. Mortality and withdrawal experience investigations. Maintaining awareness of the regulatory landscape and related professional guidance. Involvement with ad hoc projects and special investigations from time to time. Involvement with IFRS 17 development and roll-out REQUIREMENTS: Appropriate tertiary qualification in Actuarial Science. Completion of parts A1 – A3 and F101 – F107 of the 2020 ASSA curriculum (all CTs, CA1 and STs) is preferred. Preferably 6 years but at least 4 years life insurance valuations experience. Knowledge of regulatory landscape (FSIs, GOIs) and professional guidance. Extensive experience with Prophet and DCS. VBA and SQL experience will be an advantage. Goal-orientated with an ability to perform work efficiently. Deadline-driven and the ability to work under pressure. Ability to work on wider team projects as well as taking ownership of individual projects.
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