Actuarial Specialist - Valuations - - Johannesburg

JOB DESCRIPTION INFORMATION:

Job Title: Actuarial Specialist - Valuations
Employment Type: Permanent
Work Location: Johannesburg

KEY RESPONSIBILITIES:

Actuarial business support to the group.
Prepare monthly valuation data.
Prepare actuarial specific areas in all the Group regulatory returns.
Monthly, Quarterly, Annual.
ORSA and SAM reporting.
Continuously ensure valuation data integrity.
Assist in ORSA methodology and SAM processes and procedures.
Maintain actuarial data.
Timeously respond to actuarial queries from the regulators (FSB/SARB/SARS).
Plan and Budget actuarial matters, maintaining a timetable of submission.
Inform management of actuarial specific regulatory issues (solvency and capital requirements) for the Group.
Prepare and maintain a summary of returns and any actuarial issues to report to management (HEAD/EXCO/BOARD/AUDIT etc).
Develop and maintain an Actuarial system.
Reporting and stakeholder management.
Manage relationships within the company and with stakeholders.
Prepare and submit monthly reports of the Key Performance indicators for the actuarial reporting function.
Monitor actual to expected on a monthly basis.
Monthly reporting of risks on risk register.
Conduct a quarterly analysis of surplus reporting.
Conduct embedded value calculations.
Effectively assess and report on problem areas.
Regulatory compliance.
Ensure that all work performed in terms of required standard and regulation.
Ensure that all company policies and procedures are adhered to.
Ensure timely submission of various periodical reports.
Staff management.
Manage, supervise and train staff.
Lead and motivate a team to achieve targets.
Ad hoc projects.
Assist, participate in or provide related support for any ad hoc projects as and when required.

MINIMUM QUALIFICATIONS, SKILLS AND EXPERIENCE REQUIRED:

Qualifications and Experience:

Actuarial degree.
Progress towards actuarial exams 8-10 Technical Actuarial Exams.
5 years experience.
Previous life and short-term insurance company valuation or insurance risk management.
SAM reporting experience.
Company valuations and actuarial models.

Skills and Competencies: