Actuarial Valuations (Technician)

Preparations and validations of the Actuarial data
- Check the completeness of data
- Preparation and creation of model points through Prophet DCS
- Perform data checks to ensure data accuracy and completeness
- Liaise with IT to improve data efficiency
Perform monthly valuations of liabilities
- Perform monthly valuations of liabilities through Prophet
- Preparations, compile and analysis of the IFRS results
Model review and improvements
- Assists with model developments
- Assists with basis changes
Special Projects
- Assists with special projects from management
- Assists with development and improvements of products
Provide assistance with the budget
- Assists with the budget runs.
**Requirements**:
Formal Education
- Relevant B degree in Actuarial Science and progress with the CT exams
Experience
- 1- 2 years working experience in a Life Insurance Actuarial environment.
- Financial Reporting (Advantage)
Competencies Knowledge
- Technical:
Technical understanding of Actuarial Science techniques, calculations and principles, as well as financial analysis and interpretation.
- Legislative:
Knowledge of the relevant legislation, regulation of the South African insurance industry.
- Code of Conduct of ASSA:
Knowledge of the professional guidance and code of conduct of the Actuarial Society of South Africa (ASSA)
**Skills**:
- MS Office:
Advanced Excel, Word, VBA (Advantage)
- AnalyticalAbility to think through and solve complex problems
- Communication:
Able to communicate clearly to colleagues &
external teams, as wellhave great interpersonal skills
- ComputerProphet Knowledge (Advantage), SQL (Advantage)
Attributes
- Ability to work independently
- Ability to integrate into an existing team
- Produce a high standard of work
- Proactive
- Ability to multitask
- Ability to work under pressure and results orientated
- Attention to Detail
Other special requirements
- **Member of ASSA/ currently enrolling