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.



