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    senior actuarial analyst - Johannesburg, South Africa - IT Ridge Technologies

    IT Ridge Technologies
    IT Ridge Technologies Johannesburg, South Africa

    2 days ago

    Default job background
    Full time
    Description

    Our actuarial department (Actuarial Services) is looking for a talented, driven and experienced actuarial resource to join our Valuations Department. Being part of our team offers the opportunity to gain exposure to a wide variety of actuarial work in a life insurance environment.

    Responsibilities:

    • Acquiring adequate product and systems knowledge.
    • Data verification.
    • Assumption setting.
    • Maintenance, setup and running of Prophet valuation models.
    • Consolidation of valuation results and report writing.
    • SCR and economic capital calculations.
    • Responding to auditor queries.
    • Completion of relevant sections of quarterly and annual statutory returns to the Regulator.
    • Mortality and withdrawal experience investigations.
    • Maintaining awareness of the regulatory landscape and related professional guidance.
    • Involvement with ad hoc projects and special investigations from time to time.
    • Involvement with IFRS 17 development and roll-out

    REQUIREMENTS:

    • Appropriate tertiary qualification in Actuarial Science.
    • Completion of parts A1 – A3 and F101 – F107 of the 2020 ASSA curriculum (all CTs, CA1 and STs) is preferred.
    • Preferably 6 years but at least 4 years life insurance valuations experience.
    • Knowledge of regulatory landscape (FSIs, GOIs) and professional guidance.
    • Extensive experience with Prophet and DCS.
    • VBA and SQL experience will be an advantage.
    • Goal-orientated with an ability to perform work efficiently.
    • Deadline-driven and the ability to work under pressure.
    • Ability to work on wider team projects as well as taking ownership of individual projects.
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