Actuary (Newly qualified/in progress) Group Risk

 

Recruiter:

Execuplace Appointments

Job Ref:

Actuary (Newly quali..

Date posted:

Saturday, July 16, 2022

Location:

Johannesburg, South Africa

Salary:

Market related - depending on experience (Neg to R1m) Hollard


JOB SUMMARY:
Our client, a dynamic Financial Services Provider seeks to employ an Actuary, newly qualified or with good progress towards Final Examinations

JOB DESCRIPTION:

Our client, a dynamic Financial Services Provider seeks to employ an Actuary, newly qualified or with good progress towards Final Examinations

Our client a specialist group risk underwriter focussing on the provision of group covers in South Africa. The Actuarial team provides technical support to the business in terms of financial reporting, data analytics and risk management. The growth of the business as well as the increasing focus on reporting in the new regulatory and financial reporting landscape, has necessitated the strengthening of the Actuarial Team within the business.

OUTPUTS

  • Delivery of the actuarial aspect of regular financial reporting which includes the regular delivery of reserving and profitability calculations
  • Monthly reporting under IFRS4 and IFRS17
  • Supporting the transition from IFRS4 to IFRS17
  • Actuarial reserving and model developing and driving the testing of any new system developments and system integration
  • Reporting to key stakeholders, e.g. Corporate, Reinsurers, Regulator and Binder partners
  • Implementation of legislative changes
  • Actuarial input for budgeting and capital projections
  • Assist in the streamlining of business processes

RELATIONSHIPS

  • Group Operations and Finance and the Company'''' s Central Actuarial

COMPETENCIES

QUALIFICATIONS AND EXPERIENCE

  • Senior (good progress with final exams) student or newly qualified PQE.
  • Reporting and technical experience in life office or group risk environment
  • SQL experience essential
  • Planning and organising skills
  • Problem solving skills
  • Overseeing actuarial analysts

PERSONAL ATTRIBUTES

  • Self-managed - ability to manage projects from start to completion with minimal assistance
  • Attention to accuracy and detail
  • Ability to use initiative and think through problems
  • Team Player
  • Ability to prioritise and multitask

 

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