Actuarial Manager

 

Recruiter:

Mindworx Consulting

Job Ref:

AMLD

Date posted:

Friday, October 29, 2021

Location:

Pretoria, South Africa

Salary:

R700 000 - R1.500 000m


SUMMARY:
Actuary

POSITION INFO:

Purpose of the role: manage quantitative and actuarial analysis services for the Fund, including  monitoring Service Level Agreements with service providers (PIC, actuarial consultants, Administrator,  PRI companies and etc.). The incumbent will report to the Head: Actuarial and Benefits Administration  Service

Key Responsibilities:

  • Manage and implement the Fund’s actuarial strategy 
  • Manage outsourced actuarial services 
  • Manage actuarial projects: Experience analysis, National pension account and S-case liability project
  • Conduct research and quantitative analysis 
  • Monitor and evaluate Service Level Agreement compliance (GPAA) 
  • Manage resources and staff

Qualifications and experience required:

Candidate must have at least passed all TASSA subjects and A311.
3-5 years’ experience in a financial services environment, preferably in an Actuarial analysis position  

  • Demonstrate experience in engagement with Actuaries on valuation issues, interpretation of  reports and communication of complex actuarial issues
  • Solid understanding of the pension funds industry, financial instruments and investment analysis 
  • Experience in pensions valuations will be an advantage

Key Competencies and Characteristics

  • Awareness and understanding of the Pension Fund  Industry
  • Relevant legislation, regulations and procedures e.g. Pension Fund Act etc.
  • Excellent numeracy and mathematical skills 
  • Financial modelling skills  
  • Qualitative and quantitative analytical skills  
  • Teamwork and collaboration 
  • Integrity, Openness and Inter-dependence skills 


 

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