Actuarial Consultant: Group Internal Audit
Cape Town

• Support overall execution of actuarial assurance assignments group wide.
• Assist with the execution of specific audit assignments such as validation of actuarial and financial models, processes and controls around the management of market, credit and insurance risks, and actuarial and financial reporting under various internal and statutory bases, including SAM, Solvency Il and EV.
• Support assurance activities relating to governance — specifically the adequacy of risk management and actuarial control functions across the Group, as well as ORSA processes established under SAM and Solvency ll.
• Support in providing specialist assurance over the Group's IFRS17 programme. This relates to the control environments around actuarial data and modelling, actuarial processes, valuations and reporting functions.
Qualification, Skills and Experience required:
• Relevant Degree
• Completed at least all CT exams and CAI (A-series under ASSA 2019 curriculum)
• 2+ years actuarial experience in life insurance
• Working knowledge of SAM and/or Solvency Il (Pillar 1 and Pillar 2/0RSA) and EV methodologies
• Working knowledge of balance sheet management, capital management, and investment risks
• Working knowledge of IFRS17 and developments around the new standard
• Awareness of regulatory and governance developments
• Experience in an assurance function (advantageous but not required)
• Experience with Prophet (advantageous but not required)
• Problem Solving
• Issues management
• Business knowledge
• Business analysis