Finance Actuary - Sandton Verfied

Salary Negotiable Sandton, Gauteng Sandton, Gauteng more than 14 days ago 30-03-2022 8:52:03 AM
25-05-2022 8:52:03 AM
Finance Actuary
Sandton

Actuary for the “Shareholder” (OGA - Other Group Activities) segment, which is accountable for life insurance and required capital calculations of group shareholder exposures.

• Managing relationships between your team and various other teams (actuarial, finance and risk, across legal entities).
• Planning and delivering actuarial output for the allocated segment.
• Understanding and interpreting the complex and diverse requirements affecting this segment and entities in it, to ensure delivery of appropriate information from this segment into Group reporting and management structures.
• Driving delivery of content into and through the Life Liability Committee (a committee formed to support the FD in the measurement, monitoring and management of life insurance liability- and capital-related risks across the Group).
• Managing relationships with suppliers of information needed to monitor / manage such risks.
• Proposing and/or delivering on agreed actions focused on improving the commercial outcomes from better management of such risks.
• Managing team processes, continuously improving and ensuring appropriate key controls.
• Driving high levels of engagement and development of team members,
• Responsible for accuracy and quality of the consolidated financial reporting results, including IFRS / FSV / EV / SAM / internal risk metrics / etc.
• Accountable for compliance with agreed policy / methodology / principles, professional guidance and legislation. Ensure unique complexities within the segment have been considered.
• Proactively provides analysis and recommends appropriate action to stakeholders.
• Provide actuarial input for the purposes of consolidated business plans and forecasts.
• Produce monthly reporting of actuarial metrics for the segment as required, including analysis of results and management recommendations as appropriate.
• Responsible for continuous improvement of team processes and quality of information produced.
• Drive improvements to the understanding and commercial management of life insurance liability- or capital-related risks across the group through that committee and its initiatives.
• Manages a direct team of initially 2 actuarial staff, to ensure effective delivery and performance.

• Qualified Actuary, with a minimum of 8 years actuarial experience, with at least 4 years post-qualification.
• Previous technical (IFRS, FSV, MCEV and Solvency II/SAM) and/or cross-functional co-ordination and/or Client Relationship Management experience would be a strong advantage. l30.3o