Group Reporting Actuarial Specialist - Sandton Verfied

Salary Negotiable Sandton, Gauteng Sandton, Gauteng more than 14 days ago 16-11-2021 7:55:25 PM
11-01-2022 7:55:25 PM
Group Reporting Actuarial Specialist
Sandton and Cape Town

• Part of the Group Finance division, reporting directly to the Group Chief Financial Officer. The team operates and provides exposure across all the businesses in the group
• Support the Actuarial Manager responsible for financial reporting. Focus on production with some exposure to ad-hoc/ project work. Also exposure to operations in China and the Life Liability Committee (supporting the Actuary responsible for Other Group Activities).
Build networks across the wider Group, which will assist with future career development as part of the actuarial rotation programme.

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. l16.11o