Senior Actuarial Specialist – SA0906

Life Insurance
Johannesburg (SA)
Posted 5 months ago

Our client has a new role for a nearly or newly qualified actuary with a valuations background. Preference will be given to EE candidates.

Responsibilities will include:
• Take note of items raised as issues for investigation during the valuation period. Investigate in detail until the problem is fully understood and a suitable solution is found
• Implement solutions and where appropriate process changes so that problems do not reoccur in future valuations
• Liaising with both the in country actuarial, finance and operations teams, understanding and documenting how the fund accounts are drawn up and how the models relate to the accounting numbers
• Enable better liaison between the SA teams who use the same models and processes to ensure consistency
• Setting up better processes between valuations to enable automation of some of the results
• Detailed understanding of the custom-built Prophet models, plus other models, for calculation of liabilities, embedded value and capital in various African countries
• Support the team that provides forecasting and ongoing monitoring (outside of valuation periods) of the financial impacts of the strategy by providing the necessary technical calculations

Job Features

Job CategoryNearly/Newly Qualified
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