Senior Actuarial Analyst
Cfs Recruitment
Gauteng, South Africa
5d ago
source : findojobs-za

You will provide leadership support and guidance to the underwriting team and be in charge of ensuring that the underwriting team complies with the goals, objectives and standards of the organisation in order to meet customer satisfaction and deadlines.

Assess the risk posed by a client to the company. Skills / Experience Matric Computer Literacy Bachelor’s degree in business administration Actuarial science, finance, business law or accounting 6-8 years relevant experience Being a member of a professional body, the relevant industry will be added as an advantage Accountabilities : Assess financial risk : Assess risk and determine rates based on that risk.

Conduct research, using risk assessment and financial modelling software to make high-level decisions about loans or insurance products.

Have a solid grasp of factors that impact the risk and overall financial objectives of their organisation Report to upper management Report to upper management by providing information on the team performance and specific issues that might arise Confer with management and executives to set departmental goals, guidelines and objectives Provide information on certain loans, trends within the department Develop and implement procedures Leading teams and conducting risk assessments, Develop and enacting policies and procedures within the organisation Collaborate with team members, finance and human resources departments, and upper management to establish guidelines and best practice Conduct Quality Control Conduct quality control audits Prepare monthly, quarterly, and / or annual reports Examining data and ensuring that personnel followed proper procedures and company guidelines, and properly documented client materials and communications.

Personnel management Effectively manage, inspire and assist associate-level personnel Financial analysis Conducting financial oversight, activities, analysing financial projections and assessing risk.

Reviewing loans and insurance products Reviewing loan and insurance products packages prepared for clients, particularly if client applications are complex or special circumstances exits.

Written and verbal communication Convey information to the teams and upper management Process enhancement Examine and assess internal processes Identify areas where practices can be improved and enhanced.

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