+27 (0) 82 823 9978 [email protected]

Group Benefits Actuarial Consultant – SA1215

Our client is one of the top financial providers in the South-African entry-level and emerging middle market. They offer a wide range of simple and affordable financial solutions, covering needs such as funeral insurance, savings for education, life cover and personal accidents plans. An exciting new position is available for an Actuarial Consultant to lead their Group Benefits Actuarial Reporting functions. This role requires a technical, skilled, and accountable person who is able to lead people, pay attention to detail and has sound judgement that enables him/her to make decisions on incomplete information. You will lead and manage reporting functions such as published actuarial/financial, solvency/regulatory, management and claims investigation reporting.  

Candidates who are interested should have at least six actuarial exams and at least three years’ work experience in a valuations or similar environment in the life insurance sector and should be proficient in project management and Team Workflow Management. VBA programming and knowledge of MS Access and IFRS 17 will be an advantage. 

Responsibilities will include: 

  • Extraction and collection of scheme data from various data administration systems for maintenance, reporting and analysis purposes. 
  • Ensuring that monthly, quarterly, and annual reporting requirements are met on time and are of good quality with adequate commentary.   
  • Performing investigation and analysis of data from existing and new schemes to ensure that result outcomes are appropriate for the reserving and pricing basis. 
  • Contributing to the setting and revision of the appropriate valuation assumptions and methodologies. 
  • Performing budget variance analysis on financials and prepare variance commentary. 
  • Taking ownership of and maintaining team reporting models. 
  • Managing performance and assisting Actuarial Analysts with reporting work. 
  • Managing timelines, project plans and stakeholder expectations for the reporting team. 

For more information, please contact Jurie ([email protected] or +27 (0)82 474 1298).  

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