Corporate Actuarial Manager (Insurance)

Our client in the Insurance Industry is looking to hire a Corporate Actuarial Manager.

Key Tasks & Accountabilities

• General:
  • Provide actuarial services with minimal supervision.
  • Coordinate work tasks.
  • Provide guidance to members of the team.
  • Perform more complex analyses.
  • Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
  • Actively pursue local actuarial qualification and demonstrate consistent progress toward designation.
• Reserving specific:

  Under general direction, support reserving, reinsurance analysis, or market-facing business units in support of business objectives, and annual IFRS audit.

  • With appropriate review and guidance from Management coordinate, prepare, and perform actuarial analyses including premium projections, consultation on actuarial models, and risk based capital issues.
  • Support finance, market-facing business units, claims, risk, capital management, and other functions on reserving, and strategic business decisions.
• Capital specific:

  Under general direction, support capital modelling, data quality, regulatory returns and audits.

  • With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including collection of information from various stakeholders across the business.
• Business Support specific:
  • Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
  • Perform data analytics and/or reinsurance analysis.
• Relationships:
  • Internal:
    • Actuarial business partners
    • Underwriting
    • Claims
    • Finance (FAR and PPM)
    • Senior management/executives
  • External:
    • Head Actuarial Function
    • Auditors (external and internal)
    • Underwriting management agency (UMA) partners
    • Network of contacts within the actuarial profession

Qualifications & Experience

• University degree in actuarial science, statistics, mathematics, or a related field.
• Qualified or nearly qualified actuary with strong technical knowledge.

Experience

• Three to seven years of experience in an actuarial environment.
• Self-motivation and drive.
• Professional, enthusiastic, and positive attitude.
• Able to meet deadlines and work under pressure.

Knowledge

• Strong knowledge of actuarial professional guidance and relevant legislation.
• Strong knowledge of finance and accounting practices, financial analysis, and reporting; ability to apply this knowledge appropriately to diverse situations.
• Strong knowledge of the insurance industry's trends, directions, major issues, regulatory considerations, and trendsetters.
• Strong knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.
• Strong knowledge of practices and policies governing disclosure of information about the organization, its business activities, and employees; ability to apply this knowledge appropriately to diverse situations.

Technical Skills

• Proficiency in English with a preference for proficiency in at least one other language.
• Effective intermediate oral and written communication, presentation, and interpersonal skills.
• Advanced knowledge of and ability to use spreadsheet software.
• Advanced knowledge of statistical and actuarial tools and techniques and ability to apply modelling processes and techniques to facilitate risk management decisions.
• Advanced knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.

Send your CV and latest pay slip to raca@aaaa.co.za.

ATripleA Recruitment and Temps

#J-18808-Ljbffr