Lead Specialist: Actuarial - Johannesburg, South Africa - Moving Heads Personnel

Moving Heads Personnel
Moving Heads Personnel
Verified Company
Johannesburg, South Africa

3 weeks ago

Thabo Mthembu

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Thabo Mthembu

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Description
Focuses on investment products (including unitised products, annuities, and the umbrella offering).

  • Own the life actuarial valuations in respect of the investment products sold, including both unitlinked and annuity products.
  • This will include performing financial and statutory reserving, experience investigations, assumption setting, sensitivity testing, and analyses of surplus.
  • Present insights to senior management and drive conversations across the business to enable delivery of the business strategy.
  • Partner with various stakeholders to develop solutions that add business value, with a key focus on the umbrella business.
  • Own the experience investigations and assumption setting framework, with support from and analyses performed by the various product owners.
  • Streamline and strengthen the various processes run, including the actuarial valuation and assumptionsetting frameworks.
  • A particular focus on bedding down the processes built for IFRS17 is required in the nearterm.
  • Assist in enhancing the level of governance and control within Actuarial
  • Corporate.
  • Manage a small team, with accountability to drive and deliver the required business outcomes through the team.
  • Determine resource allocation priorities and deployment necessary to support the effective integration of processes.
  • Keep abreast of changes and new legislation and developments within industries that may affect area of specialisation.
  • Coordinate research and make recommendations to products based on market needs, product performance and competitor analysis, increasing profitability.
  • Accountable for contributing to strategy enablement and implementation and delivery optimisation across an internal value chain, through best practice development and implementation.
  • Draw on own technical and/or professional knowledge and experience to proactively develop alternatives and identify optimal best practice solutions for tactical problems.
  • Plan to deliver work outputs related to a service or operational area, manages interdependent functional activities, and directs bestpractice priorities, standards, and procedures to ensure efficiency within area of specialisation.
  • Provide authoritative, specialist expertise and advice to internal/external customers, that builds strong relationships and creates a favourable impression aligned to Treating the Customer Fairly (TCF) principles.
  • Implement and monitor financial controls, management of costs and corporate governance throughout the area of specialisation.
  • Contribute positively to human capability improvement, related to knowledge optimisation, and associated with area of specialisation.
  • Develop and/or align governance and compliance policies for own practice and/or tactical area to identify and manage risk exposure liability related to the area of specialisation.
  • Qualified actuary
  • Min 5 years' work experience in life insurance.
  • Min 58 years' experience in a similar environment, of which 23 years at specialist level
  • Experience in financial analysis and interpretation, knowledge of the relevant legislation, regulations, and professional guidance of the Actuarial Society, would be beneficial.
  • Knowledge of Prophet and SQL would be an advantage

Job Types:
Full-time, Permanent


Ability to commute/relocate:

  • Johannesburg North, Gauteng: Reliably commute or willing to relocate with an employerprovided relocation package (required)

Education:


  • Bachelors (preferred)
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