Senior Actuarial Analyst

Recruiter:

CFS Recruitment

Job Ref:

4051067330

Date posted:

Tuesday, October 19, 2021

Location:

Johannesburg, South Africa

Salary:

R900000 to R1200000 yearly

SUMMARY:
-

POSITION INFO:

You will provide leadership support and guidance to the underwriting team and be in charge of ensuring that the underwriting team complies with the goals, objectives and standards of the organisation in order to meet customer satisfaction and deadlines. Assess the risk posed by a client to the company.Â

Skills / Experience

Matric
Computer Literacy
Bachelorâ€™s degree in business administration
Actuarial science, finance, business law or accounting
6-8 years relevant experience
Being a member of a professional body, the relevant industry will be added as an advantage

Accountabilities:

Assess financial risk:

Assess risk and determine rates based on that risk.
Conduct research, using risk assessment and financial modelling software to make high-level decisions
about loans or insurance products.
Have a solid grasp of factors that impact the risk and overall financial objectives of their organisation

Report to upper management

Report to upper management by providing information on the team performance and specific issues that might arise
Confer with management and executives to set departmental goals, guidelines and objectives
Provide information on certain loans, trends within the department

Develop and implement procedures

Leading teams and conducting risk assessments,
Develop and enacting policies and procedures within the organisation
Collaborate with team members, finance and human resources departments, and upper management toÂ establish guidelines and best practice

Conduct Quality Control

Conduct quality control audits
Prepare monthly, quarterly, and/or annual reports
Examining data and ensuring that personnel followed proper procedures and company guidelines, andÂ properly documented client materials and communications.

Personnel management

Effectively manage, inspire and assist associate-level personnel

Financial analysis

Conducting financial oversight, activities, analysing financial projections and assessing risk.

Reviewing loans and insurance products

Reviewing loan and insurance products packages prepared for clients, particularly if client applications are complex or special circumstances exits.

Written and verbal communication

Convey information to the teams and upper management

Process enhancement

Examine and assess internal processes
Identify areas where practices can be improved and enhanced.

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

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