Actuarial Expert - Cape Town Verfied

Salary Negotiable Cape Town, Western Cape Cape Town, Western Cape more than 14 days ago 06-10-2021 8:23:24 PM
01-12-2021 8:23:24 PM
Actuarial Expert: PF Business Partner
Cape Town

Exposure to senior management and will require to partner closely with a range of teams across the Personal Finance business, including Actuarial, Finance, Product Solutions, Risk Management, Retention and Channel Finance teams. The role is responsible for driving key Segment financial reporting, analysing business trends and modelling future economic value.
• Part of team that delivers monthly/quarterly and ad hoc reporting requirements for Board and PF Exco.
• Reviewing the risk (protection), income, savings and legacy components of the Personal Finance business plans and translating the information into meaningful insights that enable appropriate focus from Exco and assist strategic decision-making.
• Analysing and driving an improved understanding of profitability and market competitiveness of the business through various value-add actuarial business partner analysis.
• Reviewing and update PF economic model and use to drive strategic focus of business planning process
• Provide input into key Finance projects (e.g., IFRS 17, new product developments)
• Provide clear insights into NCCF with the aim of supporting business retention activity.
• Partnering with Group Risk to drive a better understanding of the potential financial impact of the actuarial risks that we are exposed to.
• Providing business input into new product developments, experience investigations and repricing exercises carried out by Product Solutions.
• Providing business input in response to any changes required to the valuation basis, models and methodologies as recommended by the Actuarial team.
• Partnering with the IFRS17 project to provide actuarial and business insights and ensure business readiness
• Nearly qualified or Qualified Actuary Substantial actuarial experience
• Product or valuations experience
• A good understanding of the Personal Finance business unit (through either Retail Product or Finance experience) would be an advantage.
• Self-starter who shows initiative and can drive projects to completion with minimal guidance.
• Ability to work on a wide range of deliverables at once.
• Strong communication skills, both written and verbal.
• The ability to work with detail yet maintain a “big picture” perspective
• Ability to gather a wide range of information, filter and then use in making sound and balanced decisions.
• Strong business acumen l6.10o