Senior Actuarial Analyst

 

Recruiter:

Communicate Recruitment: Finance 3

Job Ref:

CPM046812/AE

Date posted:

Sunday, August 29, 2021

Location:

Johannesburg, South Africa

Salary:

900 000 Annually


SUMMARY:
A Multinational Institution in the Insurance industry is opened to finding a Senior Actuarial Analyst to perform the Actuarial Function within the African region. The Candidate’s main focus will fall within the non-life business responsibilities but will also be expected to assist in all areas of Actuarial service delivery. The incumbent will report directly to the South African Actuarial Manager.

POSITION INFO:

Minimum Requirements:

  • Degree in Actuarial Science, Mathematics, or related areas required
  • Relevant insurance experience
  • Member of an Actuarial Institution making good progress through exams
  • Proven proficiency in actuarial concepts/methodologies
  • Excellent analytical, quantitative, and communication skills
  • Team Player with the ability to work effectively within cross-functional teams
  • Ability to navigate through complexity
  • Critical thinking & execution skills

 Performance Areas (Responsibilities):

  • Support the calculation of US GAAP and IFRS reserves for the African entities
  • Ensure that all regulatory and actuarial requirements are met
  • Deliver annual and quarterly annual actuarial reserving studies
  • Support the budgeting process and business partnering by providing ultimate loss ratios by accident year from the reserve study to the business
  • Support the bridging initiative between Finance and Pricing Actuarial teams to ensure alignment of views on ultimate losses across functions
  • Support the development of processes, procedures, and metrics to enable the businesses to comply with Pillar II of SAM
  • Support the calculation of the SAM Technical Provisions
  • Assist in model validation of Standard Model for SCR and MCR calculations and provide technical support for the Own Risk and Solvency Assessment
  • Support the development of procedures to produce, document and report opinions on the adequacy of reinsurance arrangements and align/implement a reinsurance strategy in line with SAM requirements
  • Support the deliverables and engagement for the annual year-end audit
  • Support in any project or ad-hoc requirements as needed

Do not miss out on this golden opportunity to expand your skillset and experience within a diversified global institution. Taking the next step in your career means that you are one step closer to success. Should you have relevant experience, and you meet the necessary requirements, please apply for this role ASAP!

Please apply directly, by clicking on the apply button or visit --------Please upload your CV here--------> for more exciting finance opportunities.

For more information, contact:

Recruitment Consultant: Ariella Eschur

Contact number: -----

Email: aeschur@------

If you have not had any response from us in two weeks, please consider your application unsuccessful. Your profile will be kept on our data base for any other suitable positions.

 

 

 

 



 

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