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Senior Actuarial Analyst | Life Corporate Actuarial | Johannesburg

Senior Actuarial Analyst | Life Corporate Actuarial | Johannesburg

The Recruitment CouncilJohannesburg, Gauteng, South Africa
30+ days ago
Job description

Our client, a major Banking and Financial Services provider in South Africa, is looking to urgently place a Senior Actuarial Analyst to provide actuarial solutions to internal and external clients within their life corporate actuarial team.

Responsibilities :

  • Completion of monthly IFRS reserving results for the Life Licence of the company.
  • Completion of SAM returns on a quarterly basis, as well as Annual SAM returns, for the Life licences.
  • Investigations of results to identify trends and spaces for improvement in existing processes.
  • Assistance with the automation of existing processes in the life valuations space to improve efficiency.
  • Documentation of existing and new processes.
  • Input and completion of Actuarial elements of the company's ORSA returns.
  • Input into the annual budgeting process of the company for the life licences.
  • Input into basis setting exercises of the company.
  • Communication of results to actuarial managers for further action.
  • Input into the completion of Actuarial Committee and Board packs.

Team Contribution :

  • Be an active member of the Actuarial team and help to mentor and guide junior staff.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in the company’s culture building initiatives (e.g. staff surveys etc.).
  • Support and encourage staff to participate and support corporate responsibility initiatives.
  • Stay abreast in the field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.
  • Contribute to team effectiveness by following the recruitment process when recruiting talent.
  • Maintain a capable high performing team and ensure an environment for optimal performance is created by identifying talent pool through conducting career conversations; utilising the talent grid principles and developing talent retention programmes (e.g. rotation).
  • Ensure self and staff understand and embrace the company’s Vision and Values by leading by example and re-enforcing values during meetings.

    • Qualifications :

  • Advanced Diplomas / National 1st Degrees
  • Bachelor of Commerce, Bachelor of Science

    • Experience :

  • 2 – 4 years in the Corporate Actuarial environment.
  • Life Corporate Actuarial experience.
  • Minimum of 6 – 8 exams (via Assa).

    • Technical / Professional Knowledge :

  • Administrative procedures and systems
  • Banking knowledge
  • Business principles
  • Business terms and definitions
  • Data analysis
  • Governance, Risk and Controls
  • Microsoft Office
  • The company’s culture and values
  • The company’s vision and strategy
  • Relevant software and systems knowledge
  • Business writing skills

    • Behavioural Competencies :

  • Adaptability
  • Applied Learning
  • Communication
  • Collaborating
  • Innovation
  • Work Standards

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    Actuarial Analyst • Johannesburg, Gauteng, South Africa