Special Projects Actuary - Parktown, South Africa - Hollard Recruitment

Hollard Recruitment

Verified Company

Parktown, South Africa

3 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Job Advert Summary:

Reporting directly into the Group Actuary, the role will be required to work on, provide direction and lead parts of business critical and strategic projects.

The role supports and enhances BaU processes.

It provides direct support to the Group Actuary and Group CFO to deliver on strategic priorities as and when these arise.

They will need to be able to direct multi-disciplinary teams in execution of tasks.

They will also be responsible for co-ordinating, setting the agenda and ensuring the correct coverage at the Life Liability Committee and Short-Term Liability committee (governance forums between the board and management).

Key Responsibilities

Support to the BaU function.

Assist with quarter end triangle reviews
Assist with automation of data source reconciliations and data controls
Work on ad hoc projects including
Process optimisation
Process automation
Capital optimisation
Control enhancements
Reporting enhancement

Support to Group Actuary and Group CFO

Support the Group Actuary with coordinating the various forums
Assist with M&A's and adhoc investigations
Assist the Group CFO with insights required into the various businesses that cannot be obtained through BaU processes

Special Projects

Assist with IFRS17 BaU embedment as well as refinement of reporting process
Be part of the Ledger transformation project and drive to completion
Assist with IRM implementation

Oversee and accountable for Regulatory Requirements

Provide input into solvency reporting to the prudential authority
Manage the transition to IFRS1
Operate as key stakeholder of the Head of Corporate Actuarial Function
Engage with Hollard HAF

Business Insights and Enablement

Provide Exco and senior management with management information and business insights
Provide guidance to business on management actions required to enhance profitability and achievement of new business profitability and ROC targets
Advise business on financial aspects of new ventures and potential transactions
Ad hoc work including but not limited to M&A support, capital management and insights into drivers of business performance over the medium to longterm period
Ensure the appropriateness and robustness of financial performance measures and closely reflect the driver of value generation in the business
Produce competitor comparisons highlighting drivers for performance at other insurers

Required Knowledge and Experience:

Must have prior Life Insurance valuation experience and/or Shortterm reserving and capital experience
Preferably been involved with IFRS17 implementations
Must have a successful track record of having worked on special projects and in multidisciplinary teams
Must have previous experience presenting to governance forums and/or board (sub)committees
Stakeholder management ability to manage individuals providing support in subsidiaries; holding key discussions with executive management.
Exceptional business acumen and broad business knowledge
Indepth knowledge of financial accounting, actuarial and related processes
Ability to influence and lead
Excellent interpersonal communication skills
Analytical thinking skills

Educational Requirements:

FASSA (or international equivalent, preferably with exposure to both Life and Non-Life)
Hollard is unapologetically committed to creating and enabling a workplace that values your diversity with a true sense of care, dignity and inclusion. We actively seek to hire for your different lived experiences (including, but not limited to disability, race, religion, ethnicity, culture, language and social origin, gender diversity, sexual orientation, neurodiversity). These grounds enhance cognitive diversity and psychological safety in our workplace for everyone._
We proudly promote the "Hollard Way we work," which is a combination hybrid work environment at this time. We offer flexibility in our work as far as possible, dependent on the nature of the role. Even if you don't meet all our selection criteria, we encourage you to apply_