Group Reporting Actuarial Spec
Sandton

Support the Actuarial Manager responsible for financial reporting. Will initially focus on production with some exposure to ad-hoc/ project work. It will also include exposure to operations in China and the Life Liability Committee (supporting the Actuary responsible for Other Group Activities).
• Financial reporting – Support the financial reporting team during reporting cycles to ensure that valuation results are produced accurately, within agreed deadlines and with appropriate supporting commentary.
• Other Group Activities – Help drive the improvement of the actuarial reporting process and integration. This would include assisting with ensuring an appropriate regulatory reporting basis for OGA-related entities.
• Continuous improvements – Enhancements of models and processes that produce IFRS/FSV and MCEV reporting.
• IFRS 17 implementation: Participation in the segment’s involvement in the IFRS 17 project and the transition of reporting into standard production.
• Life Liability Committee – Assist with co-ordination, running and preparation of papers.
• Ad-hoc/Project work – Assist with ad hoc requests from the wider business (e.g. product owners, other finance areas).
• Nearly or newly qualified Actuary
• At least 4 year’s actuarial experience in life insurance
• Strong technical financial understanding of life insurance products
• Strong detail orientation coupled with the ability to see the “big picture”
• Excellent communication skills (both written and verbal)
• Motivated self-starter who shows initiative, is proactive, looks for ways to improve
• Able to complete tasks within agreed timelines and drive projects to completion with minimal guidance
• Ability to plan and prioritise
• Willing to learn and grow
• High level of accountability
• Previous valuation experience will be an advantage
• Exposure to group consolidation and accounting reporting process
• Prior experience with process re-engineering
Please note that the appointments may be made at a lower role size depending on the successful candidates’ experience.

Financial Analysis and Reporting, Group Consolidations, Life Insurance

Bachelor of Commerce (BCom): Actuarial Science (Required), Bachelor of Science (BSc): Actuarial Science (Required) l10.10o