Junior Actuarial Analyst - Sandton, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Bring your possibility to life Define your career with us

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Overall job purpose

Job Description:

Key accountabilities

Perform basic actuarial production processes under direct supervision, to support sound management of business performance and financial risk.

Processes may include:
Analytics and financial reporting to ensure accurate financial reporting and support management decision making:

Preparation and analysis of data as inputs to actuarial calculations such as reserving
Production of management information
Production of experience analyses as an input for basis setting / pricing exercises

Product development and management to enable business performance and drive customer value, including:

Production of competitor and technical product analysis as an input to product design
Formulation of product specifications

Running models to ensure accurate financial reporting and support management decision making at a basic level, for inputs to processes such as reserving or business case modelling

Education

Bachelor's Degree:
Actuarial Science