Actuarial Analyst

Actuarial Analyst

Minimum Requirements:

• Matric (Grade 12)
• Advanced Diplomas/National 1st Degrees
• Bachelor of Commerce , Bachelor of Science (Actuarial Science)

Responsibilities:

• Assist with the completion of SAM returns on a quarterly basis, as well as
• Annual SAM returns, for the Life licences.
  Regular development of solvency calculation models to ensure they are in line regulatory and business requirements.
• Produce valuation results using Prophet.
• Work with the wider Life Corporate Actuarial team to develop and
  improve actuarial models for existing and future business, and assist with the implementation of these in Prophet.
• Conduct actuarial experience investigations as part of the basis setting
  exercises of the company.
• Assistance with ensuring integrity of data for valuation work and
  experience investigations.
• Providing ad hoc actuarial support to various other areas, and the
  broader business, including:
• Assistance with monthly IFRS reserving results.
• Assistance with the annual budgeting process.
• Assistance with pricing of Life Products.
• Communication of results to actuarial managers for further action.
• Assistance with the completion of Actuarial Committee and Board packs.
• Assistance with the automation of existing processes in the life
  valuations space to improve efficiency.
• Investigations of results to identify trends and spaces for improvement in existing processes.
• Documentation of existing and new processes.
• Be active member of the Actuarial team and take initiative in own
  development.
• Contribute to a culture conducive to the achievement of transformation
  goals by participating in Company Culture building initiatives (e.g. staff
  surveys etc.).
• Support and encourage staff to participate and support corporate
  responsibility initiative.
• Stay abreast in field of expertise and deliver on the expectations from
  stakeholders by building capability of self and staff through identifying
  current and future training and development needs.
• Contribute to team effectiveness by following the recruitment process
  when recruiting talent.