South Africa
Negotiable
Responsible for the reserving and capital functions across the group: short term-, and life insurance; South Africa and Botswana.
General
• Accountable for the strategy and operating model of the corporate actuarial department.
• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
• Assist students within the company to pursue local actuarial qualification.
Reserving Specific
• 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 and premium projections, consultation on actuarial models, and risk-based capital issues.
• Support finance, market-facing business units, claims, risk, capital management, and other functions on reserving, and strategic business decisions.
Capital Specific
• Capital modelling, data quality, regulatory returns and audits.
• With appropriate review and guidance from Manager, 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
Posted 2024-01-10
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