Actuarial Specialist

This is an entrepreneurial opportunity to become part of the founding team and participate in / lead the establishment of the actuarial team.

The primary focus for the initial phase will be the delivery of actuarial audit support on a portfolio of existing clients including several blue-chip names. Depending on the candidate’s interests and experience, the role will also offer opportunity to broaden expertise through a range of interesting projects outside traditional actuarial fields working with BDO Audit and Advisory Teams who provide advisory, consulting and audit services across South Africa.

BDO’s service offering and client portfolios provide an exciting and challenging environment. This is a unique prospect in a newly established team within a dynamic successful growing firm. We seek candidates who are energised by operating in a professional environment using their actuarial training and experience to deliver quality audit support whilst participating in establishment of a broader set of actuarial services to take to market.

Main Duties & Responsibilities:

Day-to-day responsibilities will include any number of activities such as, but not limited to:

• Actuarial audit support to a portfolio of clients across the insurance (general and life), retirement funding and medical scheme industries
• Reviews of technical provisions / IAS 19 liabilities / IFRS 17 liabilities including report drafting
• Involvement in IFRS 17 engagements including transition aspects, assisting clients understand impacts of various policy decisions, actuarial audits etc.
• Actuarial modelling and valuation work from a variety of perspectives including liabilities, remediation, due diligence, audit, reinsurance, capital optimisation, dashboards etc.
• Actuarial function assessments, assisting insurance and other clients to transform & enhance actuarial and risk management processes including model reviews, operating structures
• Research, data collection, analysis, production of actionable recommendations
• Professional engagement with internal and external stakeholders including clients and suppliers
• Operational activities underpinning establishment of the actuarial business unit
• Business development initiatives, proposal writing, thought leadership collateral.