Actuarial Specialist - Valuations
Johannesburg, Gauteng, Sudáfrica
4d ago
source : jobomas

Vacancy Details Employer : Rand Mutual Holding Important Company at a GlanceAs the Actuarial Specialist, you will be reporting into the RMA : Head of Corporate Actuarial.

You will be responsible for overseeing the development and maintenance of the actuarial valuation systems and data, ensuring that all actuarial valuations are prepared timeously and accurately.

An integral part of the role will also be supporting business with insights, producing reports for various executive committees and managing workflow within the team.

WHAT WILL YOU DO-Actuarial business support to RMA : Prepare monthly valuation dataPrepare actuarial specific areas in all the Group regulatory returns : Monthly, Quarterly, Annual valuations and returnsORSA and reportingContinuously ensure valuation data integrityAssist in ORSA methodology and processes and proceduresMaintain actuarial dataTimeously respond to actuarial queries from the regulators FSB / SARB / SARSPlan and Budget actuarial matters, maintaining a timetable of submissionInform management of actuarial specific regulatory issues solvency and capital requirements for the GroupPrepare and maintain a summary of returns and any actuarial issues to report to management HEAD / EXCO / BOARD / AUDIT etc.

Develop and maintain an Actuarial systemReporting and stakeholder management : Manage relationships within the company and with stakeholders Prepare and submit monthly reports of the Key Performance indicators for the actuarial reporting functionMonitor actual to expected on a monthly basisMonthly reporting of risks on risk registerConduct a quarterly analysis of surplus reportingConduct embedded value calculationsEffectively assess and report on problem areasRegulatory compliance : Ensure that all work performed in terms of required standard and regulationEnsure that all company policies and procedures are adhered toEnsure timely submission of various periodical reportsStaff management : Manage, supervise and train staffLead and motivate a team to achieve targetsAd hoc projects : Assist, participate in or Important Company related support for any ad hoc projects as and when required-WHAT YOU'LL BRING TO THE TABLE-NQF Level 7 : Bachelor-s degree - Actuarial ScienceProgress towards actuarial exams - preferably Associate actuary, but consideration would be given to experienceMinimum 5 years- experience in the non-life insurance environmentWHAT WILL YOU GET IN RETURN-We offer great opportunities for personal and professional development in a stable company that-s 127 years strong.

The role comes with a competitive salary package and various benefits. Flexible work arrangements combination of remote and in the Office.

Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration.Turnaround timeThe shortlisting process will only start once the application due has been reached.

The time taken to complete this process will depend onsho w far you progress and the availability of managers. Kindly note that should you not receive a response within 21 days please consider your application unsuccessful.

  • deadline : 11 Our Commitment to transformation : In accordance with the employment equity plan of Rand Mutual Assurance and its employment equity goals and targets;
  • preference be given, but is not , to candidates from under-represented designated groups.

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