Senior Actuarial Specialist

SUMMARY:
Senior Actuarial Specialist

POSITION INFO:

Senior Actuarial Specialist

Sandton

Work as part of a team tasked with providing actuarial services to the life entities in the Rest of Africa, consolidating and explaining the life financial results in all aspects of reporting: monthly management reporting, forecasting, business planning, quarterly IFRS and reporting as well as capital reporting to regulators.

Special Projects Investigation:

• Co-ordination of IFRS 17 transition work
• Provide review of the Retail Mass segment reporting deliverables
• Implement solutions and where appropriate process changes so that problems do not reoccur in future valuations;
• Provide leadership support to intermediate level actuarial direct reports
• Liaising with both the in country actuarial, finance and operations teams as well as with the South African teams which support the Namibian business, understanding and documenting how the fund accounts are drawn up and how the models relate to the accounting numbers;
• Enable better liaison between the various teams who use the same models and processes to ensure consistency.

Business Planning / Forecasting:

• Support the team that provides forecasting and ongoing monitoring (outside of valuation periods) of the financial impacts of the OML strategy (by providing the necessary technical calculations).

General:

• Ensure that all actuarial processes are performed as efficiently as possible, finding and delivering continuous process improvement and standardisation opportunities as well as ensuring processes are performed with appropriate controls.

Qualifications and experience required:

• Nearly qualified or qualified actuary with 4 years’ experience (exceptional candidates who don’t meet the criteria may be considered)
• Strong technical skills and experience in a valuations role will stand you in good stead
• Strong attention to detail with high levels of drive and energy
• Motivated self-starter, who shows initiative and able to interact effectively with people at all levels
• Proven ability to complete tasks within agreed timelines with minimal guidance.
• Excellent people skills and an ability to work in a team will give you the competitive edge.
• Highly innovative with a willingness to learn and grow l15.4o

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