Actuarial Specialist (MKT068)

Sandton

Negotiable

Preference will be given to EE Candidates

The Incumbent and successful candidate will be responsible for providing actuarial services to the life entities in the Africa, consolidating and explaining the life financial results for Entities in all aspects of reporting: monthly management reporting, forecasting, business planning, quarterly IFRS and MCEV reporting as well as capital reporting to regulators.

Requirements:

+10 Board Actuarial Exams with at least 4 years’ experience

The successful incumbent would need 11 exam credits and 4 years’ actuarial experience as a minimum.

strong stakeholder engagement and excellent influencing skills as they would need to deal with senior employees (MD’s, CFO’s) in East Africa.

There won’t be too much travel into East Africa, perhaps once a quarter or less as video conference facilities are well established.


KPI’s

Financial Reporting: Ensure that valuation results are produced accurately, within agreed deadlines and with appropriate supporting commentary. Ownership of the custom-built Prophet models, plus other models, for calculation of liabilities, embedded value and capital in various African countries

Capital Management: Ensure that capital calculations (Statutory, Internal, SAM and

Economic Capital) are produced accurately and on time.

Bonus Declarations: Ensure that the underlying calculations that feed into bonus recommendations are produced on time and are accurate.

Business Planning / Forecasting: Support the team that provides forecasting and ongoing monitoring (outside of valuation periods) of the financial impacts of the Company 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.