Senior Actuarial Analyst Contract
Johannesburg, Gauteng, Sudáfrica
2d ago
source : jobomas

Vacancy Details Employer : Latitude Resource Opportunity for an Actuarial Analyst to join an established IT and Financial Consulting firm which operates within the banking, finance and insurance sector, on a contract basisp>

This role is a remote work opportunityp>

The ideal candidate will have a mathematics qualification and being actuarily qualified will be an advantage, advanced MS Excel skills, VBA, financial and system analysis experiencep>

This consulting firm leverages the collective experience and skills of their employees and strategic partners to Important Company bespoke data-related products and services to the Financial Services Industryith extensive Banking, Finance, and Insurance experience across three continents, they specialize in Risk Management, Regulatory Reporting and Information Managementp>

Scope of Services The Services shall include the following : Data Manipulation skillsCollate the various sources of data relevant for completion of the CBR, working with the respective data owners and expertsork with various business owners to build the different Management Information "MI" in the format required for the CBR and help embed these in the respective business areaselp define business rules for the different data types where there is ambiguity, such as Not Taken Ups "NTU's", Replacements, etcworking with the Business Analysts on the projectpply judgment and business knowledge where applicable, always striving for excellence and not perfection, for a sensible outcomebr>

DocumentationDrive documentation ofsho w the CBR has been completed, which will feed into development of longer-term solutions, and minimise operational risk in the processeep the rest of the project team in the loop on progress made and direction taken, to avoid duplication and wastage of effortuild consistency checks with other similar data / information that gets submitted to the FSCA or the Prudential Authoritybr>

Data Analytics skillsCheck for internal consistencies, reasonability, and analyse what "story" the CBR is telling, prior to submission to the regulatorbr>

Summary of types of data requiredPolicies in force count and annual premium New Policies count and annual premium Policy movements NTU's Paid Ups Lapses Surrenders Maturities Cancellations Cooling offs Cancelled by policyholders Cancelled by Insurer Claims Commissions, Binder Fees and Profit shares, and other Distribution related fees Benefits in force and movements Advertising spends Where applicable the data must be split by : Product and Benefit type grouping, as per CBR mapping Target Market defined by bucketing the Age at entry of the policyholders Distribution Channel Service LevelsThe Conduct of Business Return must be completed timeously and accurately, and ready for submission at the specified submission deadlines Important Company out by the Financial Sector Conduct Authority "FSCA", which are days after the end of the first quarter , starting with Q1 n the lead up to this , the CBR must be submitted on a best effort basis at the FSCA specified timelineshe accuracy of the submission will be assessed against other existing sources of similar reports being produced across the business e financial accounting records, Prudential Authority annual submissions, other management information, and signed off by the relevant Subject Matter Experts SME's and accountable partiesbr>

QualificationsActuary, or Degree in mathematics Experience5+ years- experience in similar or related role Financial Analysis experience preferred Preferred sector experience : Financial Services, IT, Asset Management Financial modelling and automation experience Key skillsAdvanced MS Excel skills Knowledge of VBA SQL will be an advantage bot not required Good written and oral communication Ability to work in a team, but also independently Excellent analytical and numerical abilities Attention to detail A -can-do- attitude Multi-tasking SalaryR600 to R700 per hour, depending on experience and qualification

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