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Open nowFirst seen 2 days ago

Actuarial Analyst

Boardroom Appointments3,354 open roles

Where
Johannesburg, South Africa
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Your applicationOpen nowActuarial AnalystBoardroom Appointments · Johannesburg, South Africa
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The clock on this job

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11.8% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.4%3 days
  3. 11.8%7 days
  4. 18.6%14 days
  5. 35.6%30 days
  6. 45.1%60 days
This job: first seen 2 days ago

The posting

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.
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