SUMMARY:
IFRS17 Specialist
POSITION INFO:
IFRS17 Specialist/Centurion, South Africa
We have an exciting opportunity available within the Corporate Actuarial Team. With the requirement to ensure that our financial reporting meets the IFRS17 standard comfortably by the implementation deadline, we are in search of a dynamic individual excited by the prospect of tackling something new, evolving and challenging.
The role is for an IFRS17 Specialist within the IFRS17 Implementation Project Team.
Job Description
The successful candidate would be responsible for:
Applying the requirements of the standard to context and documenting key decisions taken around methodology and interpretation
Maintaining and generating the Model Point Files, assumption and decrements needed for long term insurance and reinsurance runs
Adapting and maintaining the existing Prophet model to be in accordance with the IFRS17 requirements
Integrating data between Prophet and Risk Integrity
Integrating the new IFRS17 process, once established, with the existing monthly valuation process
The implementation of IFRS17 is a large-scale project that will require a positive attitude and ability to break down one’s work into attainable goals. If you are excited by the challenge please get in touch.
Qualifications
has passed all actuarial exams, or is very close to completion
2 to 4 years work experience (Valuations/Reserving/Pricing are beneficial)
Has had substantial exposure to the IFRS17 standard
Is proficient in prophet with 1 to 2 years modelling experience?
Is willing to understand the business (Short term and Long term products as well as Reinsurance contracts held)
Is great with Excel and has strong analytical skills with good attention to detail
Is output driven and willing to get their hands dirty executing the practical necessities required to get retrospective and future results up and running
Additional Information
An ideal candidate will be able to align their personal work values to the values of passion, profitability, recognition, people development, honesty, respect and awesome service. Being enthusiastic in dealing with challenges in a stressful, deadline orientated environment is essential.
In accordance with our Insurance Company Ltd Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.
NB! This job is now closed. You can apply for other jobs by uploading your CV.
