Actuarial Analyst

Johannesburg - South Africa

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Introduction

Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.

Role Purpose

Perform reserving calculations and regulatory capital reporting and assist with capital management and regulatory compliance for Guardrisk Life Limited.

Duties & Responsibilities

Maintain allocated cell client models calculating IFRS4 and IFRS17 reserves.

Maintain allocated cell client models for SAM SCR and Technical Provisions.

Participate in the ORSA process for allocated clients.

Direct client engagement on balance sheet management matters.

Assist in regulatory return preparation and dealing with queries.

Internal and external stakeholder engagement on accountable areas.

Contribute to BSM Life software and process automation.

Contribute to IFRS17 implementation as part of multi-disciplinary project team.

Predominantly involved with South African clients but also involved with Mauritian life operations.

Requirements

Bachelors Degree in Actuarial Science

Newly qualified actuary or making good progress towards qualification as Fellow

3-6 years working experience preferably in life insurance

Competencies

You must love a challenge!

Ability to work accurately under pressure

Experience in information technology (Prophet DCS and SQL experience will be an advantage) with a willingness to learn more

Experience in life valuations and SAM reporting will be an advantage

Quick learner and self-starter

Good written and verbal communication skills

Collaborative attitude with interpersonal skills

Required Experience:

IntroductionGuardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered i...