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Actuary - (Banking / Insurance / Modelling) – Johannesburg

Johannesburg, Gauteng
Responsibilities:
  • To provide actuarial support and business solutions to internal and external stakeholders of the company’s Insurance business, in line with the company’s Client Value Proposition
  • Co-ordination of the model validation workstream, ensuring appropriate timing of deliverables from external vendors and that they are sufficiently complete and of appropriate quality
  • Setting up new models or implementing changes to them to resolve calculation deficiencies in the Corporate Actuarial team
  • Subject to appropriate modelling experience, co-ordinate the implementation of model changes by the rest of the Corporate Actuarial team
  • Providing technical input and guidance on business problems Corporate Actuarial have been asked to assist with
  • Review financial performance relative to market trends.
  • Assess the end result of business projects by reference to key performance indicators mapped out in the business case.
  • Ensure continued stakeholder education and engagement on key findings.
  • Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.
  • Interpretation of business volumes and measure these against the target set out on a monthly basis.
  • Support the achievement of the business strategy, objectives and values.
  • Identify and drive the enhancements and report on existing products as well to provide input on the creation of new products.
  • Regularly monitor the profile of business taken on and understand the business impact thereof.
  • Provides oversight and interpretation on monthly reports on actuarial-based requirements for the business via business presentations.
  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
  • Understand and embrace the company’s vision and demonstrate the values through interaction with team and stakeholders.
  • Stay abreast of developments in field of expertise.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities.
  • Participate and support corporate responsibility initiatives for the achievement of business strategy.
  • Seek opportunities to improve business processes, models and systems though agile thinking.
  • Contribute to a culture conducive to the achievement of transformation goals.
  • Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
  • Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.
 
Requirements: Qualification and Skill
  • Professional Qualifications/Honour’s Degree
  • FASSA
  • A newly qualified (fellow) actuary, but mid-level to senior students will also be considered
  • Have experience coding and enhancing modelling software: e.g. Prophet, Moses or Mo.net
  • Have 5 or more years of experience in a life reporting environment, being required to explain changes in reserves and embedded value
 
 
Please apply directly, by clicking on the Apply Button above and visit our website www.banking-recruitment-jobs.com for more exciting opportunities and visit www.caglobalint.com for the latest CA Global jobs.
 
Thania Jaffer
Executive Recruiter: Insurance, Risk & Healthcare
CA Global Finance
 
If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.
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