Senior Actuarial Specialist

Confidential - South Africa
new offer (27/04/2024)

job description

Banking, Finance, Insurance. Stockbroking 1 Where should we send your jobs
Responsible for financial reporting IFRS, MCEV and, maintaining coding and peer review of Prophet and DCS models, and supporting robust forecasting, business planning and monthly reporting for the segment.Reporting to the Valuations Manager, accountable for the end to end reporting process for the Risk product range, from ownership of the actuarial model to reporting of the results to senior stakeholders with appropriate analysis and insights to drive decision making that helps achieve the group strategy. The incumbent will be required to continually review and improve existing methods and processes. The role will participate in various projects, including IFRS 17 implementation, which will present opportunities to develop further insights and influence reporting within and across the business and finance community. Duties &
Responsibilities Financial reporting - Ensure that valuation results are produced accurately, within agreed deadlines and with appropriate supporting commentary Capital management - Support for producing capital calculations accurately and on time Business planning / forecasting - Support the team that provides forecasting and ongoing monitoring outside of valuation periods of the financial impacts of the group strategy by providing the necessary technical calculations Investigations - Undertake investigations on behalf of Business Partner, Finance Actuary and Actuarial Manager as will be delegated to you Models - Ownership of Prophet and DCS models used in valuations Continuous improvements
- Enhancements of models and processes that produce IFRS/FSV, MCEV and reporting IFRS 17 implementation:
Participation in the segment-s involvement in the IFRS 17 project and the transition of reporting into BAU. General - Ensure that all actuarial processes are performed as efficiently as possible, and are compliant with the current risk control environment. Desired Experience &
Qualification BachelorsDegree B:

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