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Actuarial Specialist - Johannesburg

This company is the leading consulting firm in concepts such as Statutory reporting, Capital Optimization, and Reinsurance as well as pricing models. The General Insurance division of this firm also is responsible for Enterprise Risk Management (ERM), Capital Management, and Data Analytics. You will be tasked with the following:

  • Capital Modelling such as economic capital models, challenger models, and SAM Solvency.
  • Reinsurance reviews
  • Product pricing and design
  • ORSA calculations
  • Reviewing technical provisions including IBNR, UPR, and AURR
  • Involvement in IFRS 17 projects
  • Strategic input to clients and drive projects

Qualifications and Experience Required:
  • BSc in Actuarial Science
  • 5-8 years experience in General Insurance either in Pricing, Reserving or capital modelling
  • Nearly/Newly Qualified Actuary
  • Working knowledge of concepts such as SAM, ORSA, Valuations, and Solvency Calculations

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