Senior Actuarial Consultant: Reporting
Cape Town

Support the savings product houses through valuations of products. The successful candidate will report to an actuary, have regular interaction with senior management and with business to understand and communicate profits, embedded values, VNB’s and other financial information, including model change impacts and other basis changes. Real time mentoring and various growth opportunities will be available.

Prospective valuation of savings products
Maintenance and improvement of Prophet and other savings valuation models
EV, SAM and ORSA calculations and analyses
Provide guidance on VNB calculations
Maintenance of valuation bases for products
Model development, either by providing technical valuations guidance or Prophet coding
Continuous improvement and automation of existing valuation reporting processes
Ad-hoc investigations and tasks, including interacting with the wider business to resolve queries and respond to reporting requests
Value of New Business, Embedded value (EV), SAM and ORSA-related engagement and support to the Regulatory reporting and Balance Sheet Management teams
Assistance with Prophet model valuation methodology development and model officialisations
Assistance with ad hoc investigations (e.g. Data issues on Fund Accounting System)
Back-up for crucial month-end tasks

Actuarial student or nearly qualified actuary
Good understanding of insurance products
Life insurance product valuations experience would be an advantage
Prophet experience will be an advantage
Good verbal and written communication skills to manage relationships with business stakeholders
Good MS Office skills (Word, Excel) m21.1s