Bachelor of Commerce , Bachelor of Science (Actuarial Science)
Responsibilities:
Assist with the completion of SAM returns on a quarterly basis, as well as
Annual SAM returns, for the Life licences. Regular development of solvency calculation models to ensure they are inline regulatory and business requirements.
Produce valuation results using Prophet.
Work with the wider Life Corporate Actuarial team to develop and improve actuarial models for existing and future business, and assist withthe implementation of these in Prophet.
Conduct actuarial experience investigations as part of the basis setting exercises of the company.
Assistance with ensuring integrity of data for valuation work and experience investigations.
Providing ad hoc actuarial support to various other areas, and the broader business, including:
Assistance with monthly IFRS reserving results.
Assistance with the annual budgeting process.
Assistance with pricing of Life Products.
Communication of results to actuarial managers for further action.
Assistance with the completion of Actuarial Committee and Board packs.
Assistance with the automation of existing processes in the life valuations space to improve efficiency.
Investigations of results to identify trends and spaces for improvement inexisting processes.
Documentation of existing and new processes.
Be active member of the Actuarial team and take initiative in own development.
Contribute to a culture conducive to the achievement of transformation goals by participating in Company Culture building initiatives (e.g. staff surveys etc.).
Support and encourage staff to participate and support corporate responsibility initiative.
Stay abreast in 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.