QUANTS AND CAPITAL MODELLING

 

Recruiter:

Raindrop Human Capital

Job Ref:

Actuary

Date posted:

Tuesday, January 5, 2021

Location:

Johannesburg, South Africa

Salary:

Annual salary


SUMMARY:
Forms part of the Quants and Capital Modelling team. A qualifying or Qualified actuary (with p to 6 years PQE) with strong technical skills and experience in actuarial function work and/or life valuations and capital. Reporting to the Quants and Capital Modelling Actuary responsible for managing the Actuarial Function for the Group.

POSITION INFO:

  • Review of various calculations and reports on behalf of the Head of the Actuarial Function for the Group as a whole and the relevant South African insurance entities. In particular, to support the Head of the Actuarial Function for the Group and senior management in reviewing products, financial results, reinsurance, Asset Liability Matching and regulatory returns. This includes preparing appropriate reports for Boards and Actuarial Committees when required.

In addition, you will support the other deliverables of the Quants and Capital Modelling Team as and when required:

  • Risk management function – To perform and review measurements of risk exposures against Risk Appetite statements; to identify, scope and perform stress and scenario tests for the purposes of risk understanding and management, statutory reporting and business planning; to contribute to the preparation and review of the Own Risk and Solvency Assessment (“ORSA”).

Corporate actuarial function – Building, reviewing and running various models to calculate and project the Group’s funding position, regulatory and economic solvency position, as well as risk appetite metrics. This includes the calculation of the embedded value, performing the Group embedded value consolidation and preparing the published embedded value statement

Requirements 

  • B Sc Actuarial Studies, Pure or Appled Mathematics or similar
  • Qualifying and or Qualified Actuary (with up to 6 years PQE).
    • Knowledge in the field of life valuations and capital.
    • Knowledge of actuarial modelling tools, preferably Prophet.
  • Knowledge of relevant legislation, including the Insurance Act, Prudential Standards, Solvency II, IFRS, as well as ASSA’s Advisory Practice Notes and Standards of Actuarial Practice.


 

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



 

 

 

Similar jobs you might be interested in:

Finance Business Partner
Location: Johannesburg
Salary:
Are you a CA(SA) with a passion for driving business performance and partnering with operations to create real impact? This is your chance to step into a Finance Business Partner role within one of South Africa’s leading mining operations – a role that blends commercial insight, strategy, and financial excellence.
Today


Actuarial Manager – Non-Life Insurance
Location: Johannesburg
Salary:
Are you ready to take your actuarial career to the next level? This is your opportunity to join a leading professional services firm where innovation, collaboration, and impact are at the heart of everything they do.
2 days ago


Non-Life Actuary
Location: Johannesburg
Salary: Annually
Are you a sharp, solutions-driven thinker with a knack for tackling complex insurance challenges? This is your chance to join a forward-thinking consultancy where your actuarial expertise is recognised, developed, and rewarded.
2 days ago


Actuarial Analyst
Location: Johannesburg
Salary: Market Related
Are you a sharp analytical thinker with a passion for solving complex insurance problems? This is your opportunity to work for a dynamic consultancy where your actuarial skills will be valued, developed, and rewarded.
2 days ago


Senior Investment Associate
Location: Johannesburg
Salary:
You don’t just follow the market, you anticipate it. You think strategically, act decisively, and know how to turn promising ventures into powerful growth stories.
2 days ago


Investment Associate
Location: Johannesburg
Salary:
You see opportunity where others see risk. You’re curious, analytical, and thrive on turning bold ideas into bankable ventures. If that sounds like you, this is your moment.
2 days ago


Associate
Location: Johannesburg
Salary: 350 000
An established investment and asset management firm is seeking a driven Asset Associate to join their dynamic team. This role is ideal for a finance professional who enjoys combining analytical rigour with operational insight to drive the performance of a property investment portfolio.
2 days ago


Actuarial Analyst - Non-Life
Location: Johannesburg
Salary:
Are you a sharp analytical thinker with a passion for solving complex insurance problems? This is your opportunity to work for a dynamic consultancy where your actuarial skills will be valued, developed, and rewarded.
3 days ago


Insurance Manager
Location: Johannesburg
Salary:
Take Your Life Insurance Actuarial Career to the Next Level. Are you a qualified Life Actuary with significant experience in life insurance consulting or (re)insurance? Do you thrive in a dynamic, client-focused environment where your technical expertise and leadership skills make a real impact?
7 days ago


Insurance Manager
Location: Johannesburg
Salary:
Take Your Life Insurance Actuarial Career to the Next Level. Are you a qualified Life Actuary with significant experience in life insurance consulting or (re)insurance? Do you thrive in a dynamic, client-focused environment where your technical expertise and leadership skills make a real impact?
7 days ago


Create a free job alert for QUANTS AND CAPITAL MODELLING in Johannesburg

Enter your email address below and we will email you similar jobs when they become available:

You can cancel at any time. We will not spam you.
By giving us your email address your agree to our Terms and Conditions