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Actuarial Analyst

Job in Johannesburg - South Africa
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Company: Rooftop Recruitment
Full Time position
Listed on 2021-04-15
Job specializations:
  • Insurance
    Insurance Claims, Insurance Risk Manager, Insurance Analyst, Actuary
  • Finance
    Actuary
Job Description & How to Apply Below

Job Description

Actuarial Analyst

Our client is offering the ideal platform for the best actuarial students to learn, grow and challenge their abilities and currently has a role available to a top actuarial analyst. The successful candidate will form part of the company’s Corporate Actuarial team. The Corporate Actuarial team is responsible for key

Strategic projects that drive the strategic decisions of the business. Responsibilities of the team include development of unique reinsurance program, claims reserving, valuations (SAM and IFRS), capital projections, capital management (including investment strategy), key experience monitoring and other strategic ad-hoc projects.

Key Purpose

The focus of the role will be to assist with claims reserving, experience monitoring as well as various regulatory capital submissions and ad-hoc investigations and projects. The role involves exposure to a wide range of areas such as underwriting, claims, legal, finance and wider operations.

Areas of responsibility may include but not limited to

•Estimation and refinement of monthly reserving calculations

•Monitoring monthly experience (e.g. claims) to understand trends

•Assistance with regulatory submissions on solvency and capital

•Process and modelling improvements

•Other strategic ad-hoc projects (e.g. behavioural incentive metrics)

•Writing reports for the Discovery Insure actuarial committee

•Creating presentations for Discovery Insure board and EXCO

Skills and Knowledge

•Programming Skills: VBA & SQL (Intermediate)

•Proficiency in Microsoft Office (Excel, PowerPoint and Word) (Advanced)

•Actuarial reserving techniques

•SAM solvency capital modelling (advantageous)

Education and Experience

•Matric

•Honours degree in Actuarial Science

•Significant progress with Actuarial exams

•2-4 years working experience as an Actuarial Analyst within the Short Term Insurance industry advantageous

Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. Candidate preferences are the decision of the Employer or Recruiting Agent, and are controlled by them alone.
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