Actuarial Analyst (Non-Life)

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

To assist with the efficient functioning of the Balance Sheet Management function by providing actuarial support to Guardrisk and its clients.

Duties & Responsibilities

Perform monthly capital calculations for Guardrisk and its clients.

Assist with IFRS17 modelling of LRC and LIC provisions.

Assist and take ownership of the capital projections for the ORSA.

Actively participate in initiatives to optimise capital for Guardrisk and its clients.

Actively participate and take ownership of quarterly and annual regulatory deliverables.

Requirements

Degree in Actuarial Science

Passed or have exemption for at least 9 CT actuarial exams or equivalent qualification

3 years working experience as a Actuarial Analyst

Competencies

Expert knowledge MS Office.

Advance knowledge of MS SQL.

Intermediate to advanced programming experience.

Advanced understanding of the components of SCR as prescribed by the prudential standards. Cell captive specific experience. (Advantageous)

Non-life insurance experience (Advantageous)

Understanding of relevant legislation ie. Insurance act Prudential standards IFRS 4 and IFSR17.

Advanced understanding of triangulation methods including large loss reserving methods to value IBNR.

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...