Our client is a global insurance as well as investment products services provider. They are looking for a Nearly or Newly Qualified actuary to join their Balance Sheet and Investment Management (BSIM) team. The purpose of the role is to ensure that policyholder and shareholder objectives are met through the appropriate structuring of balance sheets, to maintain high levels of investment income across subsidiaries and to provide information and advice to ensure appropriate decision-making at board and sub-committee level. 

Candidates who are interested should be a balance sheet and/or investment analyst with at least 5 year’s working experience. You should have good communication skills and the ability to build strong relationships with a wide range of people. You should pay attention to detail, with analytical and strategic thinking skills. 

Responsibilities will include: 

• Asset-liability matching and liquidity: Providing advice and guidance to enable subsidiaries to ensure that assets are appropriately matched to liabilities by duration, to ensure liquidity at shorter durations and protect against yield curve risk at longer durations.  

• Currency matching: Providing advice and guidance to enable subsidiaries to ensure a currency matching environment for all subsidiaries.  

• Capital adequacy: Assisting in ensuring regulatory compliance by managing capital adequacy, assisting all countries with formulating and implementing new regulatory solvency regimes. 

• Capital management: Monitoring and reporting on levels of distributable capital, return on equity and net-generated equity metrics on a quarterly basis.  

• Performing the review of investment policies annually to facilitate the implementation of appropriate investment strategy, from the perspective of both policyholders and shareholders.  

• Facilitating the implementation of investment strategy through rebalancing of current investment portfolios, enlisting the services of both internal and external fund managers.  

• Managing the process of RoE and Capital target setting, measurement and communication.  

• Ensure the formulation and annual review of policies for all countries.  

• Manage the consolidation of subsidiary reporting to the Investment Committee and other governance structures as required  

For more information, please contact Henda ([email protected] or +27 (0)83 603 2961).