Actuarial Analyst

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

This role is responsible for carrying out technical actuarial work, often using complex systems and packages and often accompanies the Senior Actuarial Specialist. The incumbent is individually accountable for achieving results through own efforts.

Main responsibilities:

• Claims reserving using deterministic and stochastic modelling techniques
• SAM & IFRS 17 reporting
• Capital management and ORSA
• Reinsurance analysis
• Reviewing and enhancing Systems and Processes by developing and enhancing actuarial analytics and improving efficiency through automation and streamlining processes
• Ad-hoc projects and investigations to support business initiatives.

Preferred requirements:

• Made significant progress with actuarial exams (F100’s will be advantageous)
• At least 2+ years of experience in short term reserving and capital modelling
• Experience in using actuarial software packages for reserving or capital modelling would be preferable
• Coding skills preferably in Excel VBA, SQL, Python or R
• Excellent analytical and communication skills

Skills

Competencies:

• Action Oriented
• Balances Stakeholders
• Builds Networks
• Business Insight
• Collaborates
• Communicates Effectively
• Cultivates Innovation
• Decision Quality

Education

Closing Date: 23 December 2024, 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

About Us

Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.
We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.