Actuarial Analyst

 

Recruiter:

Altimate Business Solutions

Job Ref:

JHB000052/DF

Date posted:

Wednesday, April 14, 2021

Location:

Centurion, South Africa

Salary:

Market related


SUMMARY:
Our Client is looking for an Actuarial Analyst to join their amazing team to analyze Company data to ensure financial stability of the Company

POSITION INFO:

Key Responsibilities

Developing and maintaining pricing models

Developing, maintaining and enhancement of risk products and policy terms

Quotes on new business and improved benefits

Reviewing rates on existing business

Monitoring of claims ratios and profitability of Safrican’s schemes

Assisting with performing the various experience investigations (incl. expense and mortality investigations)

Assisting with the development of the pricing bases for all risk products

Performing monthly valuation / reserving

Assisting with statutory reporting

Assisting with the IFRS17 implementation

Ad-hoc projects

Behavioural Competencies, Skills and attributes

Ability to work independently, work across teams and collaborate with various stakeholders

Excellent analytical skills

Good decision making and problem solving skills

Good communication skills 

Sound judgement

Time management skills with reliability in terms of adherence to deadlines

Ability to work under pressure

Accuracy and attention to detail

Reliability in terms of adherence to deadlines

Accurate and efficient

Proactive and disciplined

Working Requirements and Knowledge

A minimum of 2 years’ experience in an actuarial field within long-term insurance

Pricing or product development in long-term insurance

Investigations experience

Portfolio Analysis

MSOffice (advanced Excel knowledge), VBA and SQL

IFRS17 knowledge/experience is advantageous

Formal Qualifications

B.Sc/B.Com (Mathematics/Mathematical Statistics/Actuarial Science)

A minimum of 5 actuarial exams completed

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