Job Purpose:
Responsible for driving risk and compliance or product delivery in the actuarial team. Provide actuarial technical support and develop models. Manage and take accountability for the delivery of actuarial outcomes. Coach and mentor analysts within the actuarial team. Use statistical models to analyse data and calculate the actuarial metrics.
Required
Bachelors / Honours degree in Actuarial Science or similar (Essential);
Specialized in Life technical subjects (Essential);
Associate Actuarial member of South Africa (Essential);
Fellow of the Actuarial Society of South Africa (Advantageous)
5 or more years experience within the long-term insurance industry (Essential);
Valuation or Life product experience (Essential);
Prophet experience (Essential);
Experience in model building (Advantageous)
2 or more years experience of supervising and directing people and other resources to achieve specific end results within limited timeframes (Essential)
Send me your updated CV and qualifications to
Responsibilities:
Stakeholder Engagement
Collaborate with internal (Actuarial) and external (Business) stakeholders to find out their needs/issues/concerns and reacting to these by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions.
Actuarial Modelling:
Undertake strategic and tactical financial analysis, modelling, and evaluation to support business leaders in their decision making.
Develop, maintain and implement actuarial models and processes.
Models to be fit for purpose and able to estimate the reality accurately.
Organizational Capability Building:
Enhance the capability of the team members and existing models to enhance technical capability. Mentoring and coaching of analysts on a technical and professional front.
Audit Compliance:
Maintain standards of integrity and professionalism as set out by the Actuarial Society of South Africa.
Ensure compliance with international accounting standards.
Improvement / Innovation:
Continuous development/research of modelling techniques or products and feature engineering.
Leadership and Direction:
Communicate the actions needed to implement the function''''s strategy and business plan within the team
Model deployment and testing:
Plan and deliver the business requirements and manage the team on a day-to-day basis to meet business timelines to ensure quality.
Analyse the results, to ensure the model is performing as expected and producing the results required.
Effective impact and sensitivity analysis to be performed before any deployment is done.
Technical Competencies:
Modelling
Compliance
Numerical Skills
Planning and Organizing
Computer and Software skills
Data Collection and analysis
Review and Reporting
Analytical Processes
Data Management
