Actuarial Analyst
job description
-Introduction
Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.
Role Purpose
An exciting opportunity exists for an actuarial student within the Corporate Actuarial team that focuses on the Momentum Corporate Product Range. The individual will be responsible for the quarterly valuations and related ad-hoc tasks in respect of the Inflation Linked and With Profit Annuity product range.
Requirements
- Bachelor's Degree in Actuarial or Business Sciences.
- Good progress with the A100 and A200 series (CT series) exams.
- Two to three years' working experience
- A good working knowledge of the MS-Office packages, specifically Excel and Word
- Advanced Microsoft Excel capabilities as well as a working knowledge of SQL will be a distinct advantage
- A good understanding of Annuity products will also be an advantage
Duties &
Responsibilities
- Preparing and analyzing input data
- Calculation of reserves and the Analysis of Surplus
- Preparing information for submission into the Group reporting process
- Detailed analysis of the profits to assist management to manage the book of business pro-actively
- Identifying opportunities for process improvement and implementing the necessary changes after collaboration with all stakeholders
- Assisting with implementing the IFRS17 requirements into the Annuity reporting process.
Competencies
- Business Acumen
- Leads Change and Innovation with a view to continuous process improvement
- Effective collaboration with fellow team members and external stakeholders
- Commitment to deadlines
- Attention to detail
- Strong analytical and problem-solving skills
- Impact and Influence
- Diversity and Inclusiveness
Policy
We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.