Senior Actuarial Model Development Specialist

SUMMARY:
Senior Actuarial Model Development Specialist

POSITION INFO:

Senior Actuarial Model Development Specialist

Cape Town

In addition to focusing on the models, the team is responsible for IT solutions & governances supporting the actuarial models and processes. Meeting IFRS17 actuarial requirements is a significant challenge for the team in the next 2 years or more. These responsibilities require suitably skilled actuaries to deliver.

Developing and implementing efficient modelling & IT solutions and process automation for all business requirements with specific focus on the requirements from the new IFRS17 accounting standard.

• Finding and implementing solutions for modelling and reporting challenges (primarily for IFRS17)
• Designing, implementing and maintaining appropriate IT solutions in support of the actuarial reporting function
• Designing and maintaining databases for the management of all actuarial reporting data
• Working on projects spanning across several business units
• Identifying opportunities for standardisation and improved efficiency through automation or process changes
• Implementing and maintaining data and model governances

Requirements: Skills, Qualifications and Experience required

• Nearly or newly qualified Actuary
• At least 4 years relevant work experience
• Excellent programming skills
• Preference to work with IT and data
• Proven process design and automation skills
• Creative problem-solving skills with the ability to design appropriate models and IT/process solutions
• Able to give recommendations on best practices on design
• Able to grasp complex requirements quickly
• Be able to work efficiently and accurately
• Able to communicate well and be understood by others
• Deadline driven and highly motivated
• Be able to deliver various responsibilities in parallel
• Works well in a team with the aptitude to promote team goals

Following will be advantageous:

• Experience with SQL, SSIS, VBA & C#/C++
• Experience with Prophet development & DCS
• Knowledge of IFRS17 (e.g. development & infrastructure)

Please note that the appointments may be made at a lower role size depending on the successful candidates’ experience.

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