Actuarial Specialist

Momentum metropolitan holdings - Cape Town
new offer (26/04/2024)

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 relating to the Africa Business. The individual will be responsible for quarterly valuations relating to the full product range - Group Risk, Annuities and Investments.
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 would be ideal
- A good working knowledge of the MS-Office packages, specifically Excel and Word
- Advanced Microsoft Excel capabilities will be a distinct advantage
- An understanding of the product range will also be an advantage.
Duties &
Responsibilities
- Preparing and analyzing input data
- Quarterly profit reporting as well as preparing the relevant statutory reporting information
- Quarterly Embedded Value and Value of New Business calculations
- Detailed analysis of the results to assist management to manage the book of business pro-actively
- Calculation of the capital requirements relating to the product range
- Identifying opportunities for process improvement and implementing the necessary changes after collaboration with all stakeholders
- Assisting with implementing the IFRS17 requirements relating to the product range
Competencies
- Business Acumen
- Client/ Stakeholder Commitment
- Leads Change and Innovation
- Collaboration
- 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.

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Actuarial Specialist

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