Senior Actuarial Risk Specialist - Cape Town
Salary Negotiable
Cape Town,
Western Cape
more than 14 days ago
Senior Actuarial Risk Specialist
Cape Town or Sandton
Responsible for financial reporting (IFRS, MCEV and SAM), maintaining (coding and peer review) of Prophet and DCS models, and supporting robust forecasting, business planning and monthly reporting for the segment.
Reporting to the Valuations Manager, accountable for the end to end reporting process for the Risk product range, from ownership of the actuarial model to reporting of the results to senior stakeholders with appropriate analysis and insights to drive decision making that helps achieve the group strategy. The incumbent will be required to continually review and improve existing methods and processes. The role will participate in various projects, including IFRS 17 implementation, which will present opportunities to develop further insights and influence reporting within and across the business and finance community.
• Financial reporting - Ensure that valuation results are produced accurately, within agreed deadlines and with appropriate supporting commentary
• Capital management – Support for producing capital calculations accurately and on time
• Business planning / forecasting – Support the team that provides forecasting and ongoing monitoring (outside of valuation periods) of the financial impacts of the group strategy (by providing the necessary technical calculations)
• Investigations – Undertake investigations (on behalf of Business Partner, Finance Actuary and Actuarial Manager) as will be delegated to you
• Models – Ownership of Prophet and DCS models used in valuations
• Continuous improvements – Enhancements of models and processes that produce IFRS/FSV, MCEV and SAM reporting
• IFRS 17 implementation: Participation in the segment’s involvement in the IFRS 17 project and the transition of reporting into BAU.
• General – Ensure that all actuarial processes are performed as efficiently as possible, and are compliant with the current risk control environment.
•
• Bachelors Degree (B): Actuarial Science (Required)
• Nearly or newly Qualified actuary
• Substantial Actuarial experience
• Interest in financial modelling software
• Risk valuation experience
• Knowledge of the Risk Prophet and DCS models l5.1o
Cape Town or Sandton
Responsible for financial reporting (IFRS, MCEV and SAM), maintaining (coding and peer review) of Prophet and DCS models, and supporting robust forecasting, business planning and monthly reporting for the segment.
Reporting to the Valuations Manager, accountable for the end to end reporting process for the Risk product range, from ownership of the actuarial model to reporting of the results to senior stakeholders with appropriate analysis and insights to drive decision making that helps achieve the group strategy. The incumbent will be required to continually review and improve existing methods and processes. The role will participate in various projects, including IFRS 17 implementation, which will present opportunities to develop further insights and influence reporting within and across the business and finance community.
• Financial reporting - Ensure that valuation results are produced accurately, within agreed deadlines and with appropriate supporting commentary
• Capital management – Support for producing capital calculations accurately and on time
• Business planning / forecasting – Support the team that provides forecasting and ongoing monitoring (outside of valuation periods) of the financial impacts of the group strategy (by providing the necessary technical calculations)
• Investigations – Undertake investigations (on behalf of Business Partner, Finance Actuary and Actuarial Manager) as will be delegated to you
• Models – Ownership of Prophet and DCS models used in valuations
• Continuous improvements – Enhancements of models and processes that produce IFRS/FSV, MCEV and SAM reporting
• IFRS 17 implementation: Participation in the segment’s involvement in the IFRS 17 project and the transition of reporting into BAU.
• General – Ensure that all actuarial processes are performed as efficiently as possible, and are compliant with the current risk control environment.
•
• Bachelors Degree (B): Actuarial Science (Required)
• Nearly or newly Qualified actuary
• Substantial Actuarial experience
• Interest in financial modelling software
• Risk valuation experience
• Knowledge of the Risk Prophet and DCS models l5.1o
Recruiter: Moving Heads Personnel