South Africa
Corporate Actuarial Manager
Corporate Actuarial Manager
The role holder will be responsible to oversee a team and to perform routine Reserving or Capital tasks as assigned, requiring minimal direct supervision and to perform more complex analyses.
Key Performance Areas:
·Provide actuarial services with minimal supervision
·Coordinate work tasks
·Provide guidance to members of the team
·Perform more complex analyses
·Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to international clients
Reserving Specific
·Under general direction, support reserving, reinsurance analysis, or market-facing business units in support of business objectives and annual IFRS audit
·With appropriate review and guidance from management coordinate, prepare, and perform actuarial analyses including any premium projections, consultations on actuarial models, and risk-based capital issues
·Support financial, market facing business units, claims, risks, capital management, and other functions on reserving and strategic business decisions
·Under general direction, support capital modelling, data quality, regulatory returns, and audits
·With appropriate review and guidance management, coordinate, prepare, and perform actuarial analyses including collection of information from various stakeholders across the business
Business Support Specific
·Support actuarial services related to risk-based capital model development, parameterisation and allocation activities
·Perform data analytics and / or reinsurance analysis
Relationships:
Internal
·Actuarial business partners
·Underwriting
·Claims
·Finance (FAR and PPM)
·Senior management / executives
External
·Head Actuarial Function
·Auditors (external and internal)
·Underwriting management agency (UMA) partners
·Network of contacts within the actuarial profession
Minimum requirements:
·University degree in actuarial science, statistics, mathematics, or a related field
·3 to 7 years of experience in an actuarial environment
·Self-motivation and drive
·Professional, enthusiastic, and positive attitude
·Able to meet deadlines and work under pressure
·Strong knowledge of actuarial professional guidance and relevant legislation
·Strong knowledge of financial and accounting practices, financial analysis, and reporting
·Knowledge of the insurance industry trends, directions, major issues, regulatory considerations, and trendsetters
·Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company’s business
·Knowledge of practices and policies governing disclosure of information about the organisation
·Proficiency in English with a preference for proficiency in at least one other language
To apply, please submit your CV, as well as your latest payslip, to fin@aaaa.co.za
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Posted 2023-11-08
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