Cell Captive Actuarial Specialist / Senior Actuarial SpecialistCape TownPlay an important role in the reporting requirements, product & pricing approvals and governance framework of clients.
Opportunity to interact with a variety of internal and external stakeholders, get a full overview of running a life insurance company while driving innovation and transformation of the South African life insurance market.
Performing technical actuarial work, using data, processes and complex systems with minimal guidance.
This includes the following : Performing Financial Soundness Valuations, IFRS profit analysis of surplus, providing insights into results and drafting valuation reports.
SAM Regulatory solvency calculationsPerforming calculations for dividend declarations, board reports, product signoffs and ad-hoc requests.
Producing regular and ad-hoc experience / financial reports.IFRS17 readiness and implementationSupporting the Head of Actuarial with risk management, including defining risk policies and risk appetite and tracking and managing financial and non-financial risksResponsible for the technical accuracy and implementation of work, including managing an actuarial studentLiaising with internal stakeholders, including the MD and boardLiaising with stakeholders within the group, such as the Head of Actuarial function, legal and compliance advisers, marketing consultants and data administratorsLiaising with external stakeholders such as cell captive clients, reinsurers and the Prudential AuthoritySupport the team with new cell and product launchesTranslate market, client and financial data analysis results into client-friendly reports and presentations.
Qualifications, Experience, Knowledge and SkillsNewly qualified actuary.In case of an exam lag, significant relevant experience will also be considered.
Minimum of 3 years actuarial experienceIFRS or Regulatory Solvency valuations experienceProficiency in Microsoft Office (Word, Excel, PowerPoint, Access)Prophet and / or DCS skillsProgramming skills (Visual Basic)Management experienceStrong technical skills and attention to detailGood interpersonal skills and the ability to work in a team and across teamsGood communication skills, both written and verbalAbility to plan and prioritise, make decisions and deliver on timeAbility to work on multiple deliverables and manage expectationsMotivated self-starter who takes accountability, shows initiative and innovatesEnthusiasm to learn and grow lo