Actuarial Analyst

Recruiter:

The Recruitment Council

Job Ref:

Actuarial Analyst

Date posted:

Thursday, March 10, 2022

Location:

Johannesburg, South Africa

Salary:

800000

JOB SUMMARY:
Actuarial Analyst

JOB DESCRIPTION:

An opportunity exists with our leading listen insurance client in the actuarial valuations
team that focuses on life products.
Purpose of Role
The successful candidate will form part of a small team of actuarial analysts/specialists
tasked with developing and improving processes for IFRS, Embedded Value and
Capital reporting.
This exciting role has a key focus on developing new systems and
functionality for actuarial reporting, while giving exposure to actuarial thinking. There is
scope in this role to flex the responsibilities to fit a suitable candidate with the required
skills.
The Corporate Actuarial team comprises of a good blend of experience and youth, with
a focus on development and knowledge share. The team culture is one of collaboration,
focus, excellence, flexibility, innovation and open
communication.
Using technology, we continuously strive to improve processes to enhance insights and
understanding through the application of actuarial skills.
Responsibilities and work outputs:
•Develop, maintain and improve systems and processes required to do financial
reporting
•Utilize Business Intelligence technology (e.g. cubes) to convert the team's output into a
more useful and accessible format
•Assist with the implementation of IFRS17 on reporting systems and processes, e.g.
CSM calculation tool, granular consolidation of results for management and statutory
reporting
•Engage with other teams across the business to understand requirements and develop
or improve systems to meet those requirements
•Provide critical ideas regarding the structuring of financial models and processes for an
optimal outcome

•Research new systems and tools that can provide advantages in processing time and
controls
•Assist with financial reporting, including liability, embedded value and capital
calculations
Competencies required:
•Keen interest and aptitude in learning and understanding new IT systems and tools
•Actively lead change
•Drive for improvement through innovation
•Strive for excellence
•Drive for results and initiative
•Attention to detail
•Business acumen
•Self-awareness and insight
•Ability to work under pressure and deal with challenges
•Collaborative
•Good people skills
•Collaborative
•Good people skills
Experience and Qualifications
•An actuarial degree or equivalent
•2-3 years of relevant experience required
•Advanced skills in SQL Server development required
•Ability to create, edit and debug complex stored procedures
•Experience with dynamic SQL and understanding of its uses
•Strong skills in MS Excel required
•Experience with SQL Server Analysis Services and/or Power BI preferred

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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