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Actuarial Specialist (Life Valuations) - Johannesburg

Responsibilities:
  • Perform life insurance valuations and analyze policy liabilities
  • Ensure compliance with regulatory requirements, including IFRS 17 standards
  • Support the implementation of IFRS 17 calculations and transition
  • Develop and maintain actuarial models for life valuations and financial reporting
  • Collaborate with cross-functional teams to provide insights on life insurance products and profitability
  • Conduct data analysis and provide recommendations to enhance business decision-making
  • Keep abreast of industry developments and changes in actuarial standards

Education:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
  • 6+ completed actuarial exams

Job Experience and Skills Required:
  • 3+ years of work experience in the life insurance industry, with a focus on life valuations
  • Experience in IFRS 17 calculations and transition is preferred
  • Proficiency in actuarial software such as Prophet is preferred
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills

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