Senior Corporate Actuarial Analyst
Minimum Requirements:
- Matric (Grade 12)
- University degree in Actuarial Science or a related field.
- Evidence significant exam progress towards qualifying as an actuary.
- Proficiency in English
- Effective intermediate oral and written communication interpersonal skills
- At least five years of relevant work experience
- Ability to extract and summarise data
- Experienced user of reserving and capital modelling software e.g. Psicle Igloo ResQ etc.
- Experienced in delivering work within timelines demanded by corporate reporting calendar
Responsibilities:
- Extract collate and transform data.
- Prepare and upload into software.
- Run models export results and collate reports while adhering to all process governance and quality assurance requirements.
- Prepare quarterly reserve and profitability review reports. Present findings at relevant governance meetings chaired by CFO.
- Participate and support team and chair with meeting preparation and administration.
- Set agendas record and distribute actions.
- Support various Finance and other business functions e.g. reinsurance investment capital etc.
- Extract collate and transform data.
- Prepare and upload into software.
- Run models export results and collate reports while adhering to all process governance and quality assurance requirements.
- Prepare quarterly and annual; solo and group; qualitative and quantitative regulatory returns.
- Help compile and prepare the companys Own Risk and Solvency Assessment (ORSA).
- With specific responsibility for the Risk Tolerance Statement Stress and
- Scenario Testing and Solvency Projections.
- Participate in the calculation of Company Solvency Capital Requirement reviewing Companies AssetLiability
- Management and the riskbased allocation of capital to the various business units.
- Prepare and present results to the Capital Forum chaired by the CFO.
- Contribute various analyses as part of the annual planning cycle in the Company.
- These include calculation of inflation projections calibration of large loss thresholds appropriate loadings for large catastrophe and
weather claims as well as reinsurance programme costing. - Support the annual reinsurance programme renewal with various analyses and data extractions.
- Have experience working within IFRS17 requirements with a working knowledge of the standard and relevant actuarial concepts methods and techniques.