Analyst, Actuarial : Corporate Actuarial

Job Description

To apply analytical, statistical and mathematical skills to analyse data in order to assist with solving of business and financial problems (particularly those involving risk). This entails calculating the probability of and costs associated with certain events, such as product failure, accidents, property damage, injury, and death. The results are used to design and price insurance policies, investment plans, pension plans and other financial instruments.

To assist with the full implementation of IFRS 17 within SIL. In particular, to assist with the data preparation and transformation for IFRS 17 purposes. To perform monthly calculations of IFRS 17. To perform investigations relating to IFRS 17 reports.

Qualifications

Type of Qualification : First Degree

Field of Study : BSc or BCom with actuarial majors- Honours is an advantage

Member of Actuarial Society of South Africa / Member of the Institute and Faculty of Actuaries.

At least 6 exemptions / actuarial exam passes

Experience Required

3 - 6 years’ actuarial experience. IFRS 17 experience preferred. Experience with data is preferred. Experience in the short-term insurance is preferred. Capital modelling and reserving experience is preferred.

Additional Information

Behavioural Competencies

• Able to multi-task.
• Attention to detail.
• Communication skills - written, verbal and presentation skills.
• Disciplined and have high level of integrity, professionalism and trustworthiness.
• Self-motivated
• Pro-active
• Team player

Technical Competencies

Careers

Are you passionate about Africa's potential? Are you driven to win? At Standard Bank Group, a team of over 50 000 dedicated individuals share one common purpose : Africa is our home, we drive her growth. We believe our people are our greatest asset, and we strive to create a thriving environment where you can bring your whole self to work, pursue your dreams, and see your ideas shape a brighter future for Africa. Join us, if you're ready to turn your passion into impact and make a real difference as part of a dynamic team.

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