Senior Actuarial Specialist Reserving

Senior Actuarial Specialist ReservingJohannesburgWill be part of the reserving team and will assist in calculating and ensuring appropriate technical provisions are in place for the Short Term ST Licences.The person will also have the opportunity of developing relationships with finance and business individuals from across the businessAssist the Head of the Corporate Short Term Actuarial withCalculation and reporting of technical provisionsCalculating the technical provisions for the ST licences, both for IFRS and reportingPremiums provisionsClaims provisions OCR and IBNR;
and cashbacksProviding specialist reserving knowledge and ensuring appropriate guidance notes are adhered toRegular reporting of results to business and financeAssist in completing sections of the returns submitted to the Prudential Authority, FSCA, ASISA, NCR and other regulatoryand industry bodiesSupport on IFRS17 implementation and readinessReview, and assist where necessary, the data team in data quality reporting and ad hoc data problem solvingContributing to the underwriting projections during the budgeting processManage stakeholder expectations especially from Head:
Corporate Short Term Actuarial and their engagement with Group Chief Actuary, Head:
Balance Sheet and Investment Management, ST HAF, Risk Management, Central Finance, General management, and Shareholder representativesEnsure that all actuarial processes are performed as efficiently as possible and are compliant with the current risk control environment and actuarial governance proceduresA degree in Actuarial Science Good progress with ASSA or similar professional body examinations Experience in an actuarial environment within the Short-term Insurance industry d28.1h