Johannesburg, GautengPermanentJob Details Department Risk & Technology Minimum experience Mid-Senior Company primary industry Insurance Job functional area Financial Analyst Job Description Overview : The organization is a multi-
award winning insurer that specializes in commercial & personal-line insurance. The business values independent intermediary advice and distributes its product through brokers and underwriting management agencies (UMAs).
The Actuarial Manager manages the Actuarial Department and reports directly to General Manager of Risk and Technology, the Executive and the Board of Directors.
The duties and tasks include : Overseeing pricing of variety of Short Term Insurance products Technical Provisions and Reserving Capital management and optimisation Reinsurance optimisation Overseeing reporting under SAM Overseeing Risk Management process Own Risk and Solvency Assessment Report coordination Producing Risk, Actuarial and Compliance Committee Report Ad hoc involvement in mergers, acquisitions and support on formation of new insurance related entities Requirements : Working experience within the mathematical & statistical occupational sector, preferably within the short-
term insurance industry Recently qualified Actuary or well progressed in Actuarial exams Ability to accept criticism Must have a stable career history Familiar with Capital Management and Reserving software Ability to work independently as well as within a team This position is available on 1 September 2019.
Remuneration negotiable dependent on experience level. The Company operates on a total cost to company basis. Provident fund and medical aid are compulsory benefits and are included in the total cost to company.