+27 (0) 82 823 9978 [email protected]

Valuations Actuary – SA1232

Our client is an ever-growing, fast-paced and dynamic organisation that provides innovative products. They are looking for a Nearly / Newly Qualified Actuary with at least 3 years’ experience to join their Actuarial Valuations team. The role will require you to focus on the understanding and communication of financial numbers to enable the business to optimise its products and financial position.  

Candidates who are interested should have strong communication and analytical skills, with the ability to understand data, draw meaningful conclusions and deal with complex models and their application. You must be highly adaptable and resilient and work well under pressure. Proficiency in Prophet and DCS is advantageous. 

Responsibilities will include: 

  • Playing an integral part in the half- and full-year valuation process, including calculation of reserves, EV, VNB and Analysis of Surplus calculations. 
  • Maintaining Prophet models for both regulatory and financial environments. 
  • Identifying areas of improvement and efficiency in the valuation process, including exploring ways to automate the valuation process. 
  • Providing training and support to junior members in the valuation team. 
  • Liaising and coordinating with other areas in the company to ensure that ad hoc work requested is completed accurately and timey, that changes in the business is appropriately incorporated in the valuation process and to understand the profitability of the various products offered in the business. 
  • Presenting results from valuation processes and ad hoc work requests to senior management. 
  • Being involved in annual budgeting and funding plan work. 
  • Assisting with assumptions for quarterly regulatory reporting and semi-annual financial reporting. 
  • Working with other teams across the business to improve data and client experience metrics. 

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

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