Corporate Actuarial Manager - Sandton - Mister Sparky Corporate Store

    Mister Sparky Corporate Store
    Mister Sparky Corporate Store Sandton

    1 week ago

    Default job background
    Description

    Job Description

    The role holder will oversee a team to perform routine Reserving or Capital tasks as assigned, requiring minimal direct supervision. They will also perform more complex analyses.

    Detailed Job Description

    Main Responsibilities

    • Provide actuarial services with minimal supervision.
    • Coordinate work tasks.
    • Guide team members.
    • Perform complex analyses.
    • Develop increasing knowledge of relevant actuarial disciplines and procedures.
    • Pursue actuarial qualification and demonstrate progress toward designation.

    Key Performance Areas

    Reserving Specific

    • Support reserving, reinsurance analysis, or market-facing business units under general direction.
    • Assist finance, market-facing business units, claims, risk, capital management, and other functions on reserving and strategic business decisions.

    Capital Specific

    • Under general direction, support capital modelling, data quality, regulatory returns, and audits.
    • Coordinate, prepare, and perform actuarial analyses, including collecting information from various stakeholders.

    Business Support Specific

    • Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
    • Perform data analytics and/or reinsurance analysis.

    Requirements

    • University degree in actuarial science, statistics, mathematics, or a related field.
    • Good progress with exams, displaying strong technical knowledge.
    • Three to seven years of experience in an actuarial environment.
    • Self-motivation and drive.
    • Professional, enthusiastic, and positive attitude.
    • Able to meet deadlines and work under pressure.

    Additional Requirements

    • Strong knowledge of actuarial professional guidance and relevant legislation.
    • Strong knowledge of finance and accounting practices, financial analysis, and reporting.
    • Strong knowledge of the insurance industry's trends, directions, major issues, regulatory considerations, and trendsetters.
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