Senior Actuarial Specialist - Johannesburg

2020/01/01 10:34:38 AM
Senior Actuarial Specialist: Finance & Governance

Key Result Areas
• Understanding the Capital risk drivers for retail products
• Performing regular quarterly valuations for financial reporting and submissions
to the regulator
• Presenting valuation results to management and effectively explaining key
drivers of results
• Modelling of Investment Guarantee Reserves (IGRs), using stochastic
techniques to measure extreme downside risks
• Critically reviewing current processes and actuarial models with a view of
continuous improvement
• Support the delivery of relevant project objectives as these arise
• Extract insights and understand the drivers of key financial metrics for business
consideration. Effectively collaborate with business and other specialized
areas such as Accounting, Product Development, and Balance Sheet
• Assist with IFRS 17 implementation and transition to BAU

Skills, Qualifications and Experience required
• Actuarial Student with 11 exam credits
• At least 4 years actuarial experience
• Strong technical skills
• 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
• Able to complete tasks within agreed timelines and drive projects to
completion with minimal guidance
• Interest in financial modelling software
• Ability to plan and prioritize
• Willing to learn and grow
• High level of accountability

The incumbent will have an added advantage if he/she has the set skills listed
• Knowledge of IFRS and Regulatory Solvency valuations
• C#, Prophet (including DCS) and VBA programming experience
• Advanced MS Excel skills
• SQL / MS Access skills

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