Senior Actuarial Analyst

SUMMARY:
The evaluation of technical provisions, capital modelling for economic and regulatory purposes. Stress testing and scenario analysis, assisting with reinsurance reviews and being involved in any updates to pricing basis

POSITION INFO:

Objective

The evaluation of technical provisions, capital modelling for economic and regulatory purposes. Stress testing and scenario analysis, assisting with reinsurance reviews and being involved in any updates to pricing basis.

Qualifications and Experience:

• Posses an Actuarial degree. 
• Minimum of 8 actuarial exemptions including CA1 or equivalent good progress with ASSA exams with commitment to completion of all exams within a defined period OR Honours degree in Statistical Analysis /Actuarial Science (NQF level 7). 
• 3-5 years’ experience in a similar position, preferably in insurance or investment management fields 
•  Understanding of short-term insurance business
• Good knowledge of Insurance Act and in particular SAM specifications and processes would be an advantage.
• Strong knowledge of SAM 
• IFRS17 knowledge would be an advantage 
• Expertise on trend analysis and forecasting
• Excellent knowledge of actuarial modelling including scenario analysis and stress testing 
• Strong actuarial technical skills
• Experience in programming languages like VBA and python will be advantageous
• Proficient in MS Office skills & Project Management

 Key Performance Areas:

• Capital Modelling
• Reserving
• Own Risk and Solvency Assessment (ORSA)
• Compile reports and documents e.g.  Prudential Authority returns
• People Management
• Relationship management

NB Only shortlisted candidates will be contacted.

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