Senior Actuarial Analyst - Johannesburg North, South Africa - Moving Heads Personnel

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

1 week ago

Thabo Mthembu

Posted by:

Thabo Mthembu

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Description

Capital Modelling:
Reviewing Standard Formula Model under SAM.

  • Ensuring the appropriateness of the methodologies and underlying models used as well as the assumptions made in the calculation of the capital requirements.
  • Calculating shareholder distributions.
  • Regularly reviewing the actuarial projections.
  • Reserving: Reviewing the calculation of technical provisions as required, including data sourcing, sense checking the data / results and investigating anomalies.
  • Risk Management: Providing support to the risk management function including the ORSA, Risk Appetite Statements and Risk Strategy.
  • Periodically reviewing actuarialrelated policies.
  • Supporting the approval process of product amendments and new products.
  • IFRS17 development and implementation.
  • Aiding with the internal and external auditing processes.
  • Reinsurance modelling and renewals.
  • Mentoring and managing junior team members.
  • Bachelor's degree in Actuarial Science.
  • Good progress towards qualifying as an AMASSA and / or FASSA.
  • Min 3 years' experience in the shortterm insurance industry.
  • Min 1 year management experience.
  • Capital modelling or IBNR reserving experience.
  • Experience with SAM, ORSA and IFRS17 will be advantageous.
  • An understanding of reinsurance workings will also be beneficial.

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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