Intermediate Actuarial Specialist - Cape Town
Salary Negotiable
Cape Town,
Western Cape
more than 14 days ago
Intermediate Actuarial Specialist
Cape Town
Partner closely with a range of teams across the Personal Finance business, including Actuarial, Finance, Product Solutions, Risk Management, Retention and Channel Finance teams. Develop a solid understanding of the key components of a complex retail financial services business and how various entities and enabling functions combine to generate the annual operating result. Driving key Segment financial reporting, analyzing business trends and modelling future economic value.
• Part of a team that delivers monthly/quarterly and ad hoc reporting requirements for the 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 (particularly outflows) with the aim of supporting business retention activity.
• Working with the Personal Finance Risk team to drive better understanding of the potential financial impact of the actuarial risks 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.
• Bachelor of Commerce (BCom): Actuarial Science (Required), Bachelor of Science (BSc): Actuarial Science (Required)
• Actuarial student with at least 7 actuarial examination credits
• Minimum 1 year work experience
• A good understanding of the Personal Finance business unit (through either Retail Product or Finance experience) would be an advantage.
• Strong business acumen l3.8o
Cape Town
Partner closely with a range of teams across the Personal Finance business, including Actuarial, Finance, Product Solutions, Risk Management, Retention and Channel Finance teams. Develop a solid understanding of the key components of a complex retail financial services business and how various entities and enabling functions combine to generate the annual operating result. Driving key Segment financial reporting, analyzing business trends and modelling future economic value.
• Part of a team that delivers monthly/quarterly and ad hoc reporting requirements for the 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 (particularly outflows) with the aim of supporting business retention activity.
• Working with the Personal Finance Risk team to drive better understanding of the potential financial impact of the actuarial risks 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.
• Bachelor of Commerce (BCom): Actuarial Science (Required), Bachelor of Science (BSc): Actuarial Science (Required)
• Actuarial student with at least 7 actuarial examination credits
• Minimum 1 year work experience
• A good understanding of the Personal Finance business unit (through either Retail Product or Finance experience) would be an advantage.
• Strong business acumen l3.8o
Recruiter: Moving Heads Personnel