ARE YOU…

* A fast-paced, dynamic “Corporate Entrepreneur” who challenges the status-quo to innovate and improve?
* An engaging team-player, keen to contribute wherever needed?
* 150% results-driven, doing whatever it takes to meet (or beat) deadlines?

WE ARE…

* A highly innovative and pioneering newly-launched South African Life Insurer based in “the Mother City” of Cape Town.
* A subsidiary of a listed UK entity (London Stock Exchange & FTSE) with notable corporate governance models and renowned as a market-leader, delivering exceptional client service.

Our business in a nutshell:

* We are lean, agile and poised for greatness.
* We have a robust, listed parent company and an outstanding Board.
* We have a top-notch and diverse team, comprising the “cream of the crop”.
* Our flat management structure offers an exceptional opportunity to advance your career through your vital contribution to revolutionising the industry.
* Our output-based approach does not police office hours, but rather focuses on our non-negotiable style of delivering to deadline.

Our culture:

* We risk winning wherever we play – we challenge complacency to unlock opportunities.
* We are highly ethical and transparent – with our clients and with one-another.
* A deep mutual respect and trust permeates our working environment and activities – every opinion and debate is welcomed and valued, so that we remain ahead of our game.
* Our team is united by a common desire to create a legacy in a new market niche and we share a commitment to deliver optimally.
* We enjoy great coffee together – our team vibe is personal, energetic and enthusiastic; with healthy banter.

WHY WORK HERE?

* We are expanding our winning team to include spirited experts with the following attributes:
- Outstanding skills and an attitude of accountability.
- Self-starters and exceptional time managers, highly detail-oriented and results-driven.
- Engaging team-players who relish a healthy debate and jump right in as required.
* In short, you should be able to run circles around the “Average Joe”.
* In return, we are a fearless ground-breaker that embraces a truly wonderful company culture.

ABOUT THE JOB:

Strategic Overview:

* Your energetic, ambitious nature and your willingness to learn; combined with computer-modelling skills and exposure to the Actuarial field may allow you a dynamic and cutting-edge career-path in a fast-paced Financial Services business.
* This role is suited to newly / nearly qualified Actuaries, or those who did not complete a full Actuarial qualification but would enjoy a unique challenge in this sector.

Key Objectives:

* Implementation of Asset and Liability Management systems and processes, including:
- Testing and implementation of changes to the ALM system.
- Documentation of models and processes.
* Execution of daily ALM aspects, including:
- Operating the ALM system.
- Ensuring timely execution of trading orders within a given risk appetite.
* Reporting of Hedge Effectiveness and Risk Analysis.
* Setting mandates for Liability Driven Investment Managers and monitoring their performance against the relevant benchmarks.
* Reports and information for Actuarial, Finance and Management teams.
* Development and improvement of Hedging Strategies and sourcing of appropriate financial instruments.
* Input to the Product Development team from a Hedging and Capital Modelling perspective.
* Actuarial support to various business areas including Research, Product Development, New Business Pricing, Valuations, Reinsurance and Capital Management.

Requisite skills & competencies:

* Good understanding of Investment and Hedging Strategies, including Stochastic Modelling.
* Understanding of market consistent, risk neutral methodologies.
* Understanding of the principles of Financial Risk Management, including Market Risk, Credit Risk, Value at Risk and Extreme Value Theory.
* Knowledge of Annuities and Life Insurance business – beneficial.
* Programming experience – beneficial.
* Strong analytical and problem solving skills.
* Strong technical and computer skills.
* Able to establish priorities, manage several tasks and lead or influence as required.
* High degree of self-motivation – can work independently as well as in a team.

Qualifications:

Newly / nearly qualified Actuary or Degree in Financial Risk Management / Actuarial Science.