• To support the various deliverables of Life valuations team related to providing published valuation results, including but not limited
to providing monthly/quarterly published valuation results while monitoring the actual experience versus the expected experience of the supported business units.
• Producing of the valuation results will involve the performing the following: data preparation, running software, production of results,
interpretation of results, and production of reports based on findings.
• To mentor / guide other members of valuation team.
• Perform policyholder liability calculations on published or IFRS liabilities on both a discounted and non-discounted cash flow methods
• Calculation and analysis the value of in-force business
• Calculation and analysis value of new business calculations
• Assist in the production of valuation reports
• Assist in producing annual Budget and Forecast projections
• Provide insights to the business units based on the valuation results and ongoing monitoring of experience
• Consolidate valuation results provided by the team
• Automation and streamlining of reporting processes
• Compiling of movement reconciliations
• Performing lapse, mortality and expense investigations
• Analysis of Surplus / Profit
• Manage adhoc tasks and duties to enable and improve own deliverables and tasks as well as to manage stakeholder expectations
• Ensure that all actuarial processes are performed as efficiently as possible and are compliant with the current risk control and actuarial governance procedures.

Qualifications, Skills and Experience

• Actuarial tertiary qualification
• Completion of CT exams with the aim to complete all exams within a defined period.
• 4 - 5 years valuations experience in the life insurance industry
• Strong technical knowledge including a good Understanding of the different life insurance valuation methodologies (e.g. published, statutory, etc.)
and reporting requirements applicable to life insurance companies
• Understanding of life insurance financial reporting, systems and requirements
• Strong analytical skills
• Sound verbal and written communication
• ALGO Financial modelling (or similar e.g Prophet) will be an advantage
• Advanced Excel (including VBA)
• SQL Experience
• Microsoft Access experience
• Good leadership skills
• Ability to take ownership of their tasks
• Ability to work independently and accurately
• Ability to understand the urgency or importance of various tasks, with the ability to prioritise these
• Ability to work well within a team environment