Job Description
An insurance company that has a particular interest in emerging markets in Africa is looking for a Quants Risk Analyst based in Centurion, Gauteng.
The purpose of this role is to assist the Head of Risk in developing and maintaining an effective risk management framework for the Company that includes Enterprise Risk Management, Model development and validations, and investment portfolio risk assessment and reporting, coordinate the ORSA process and reporting process.
Key Responsibilities:
- Responsible for data collection for ERM purposes
- Responsible for identification, development, and maintenance of key risk indicators
- Contribute to the development of an appropriate risk monitoring program for the Companys investment portfolio activities.
- Responsible for executing the risk monitoring program for the Companys investment portfolio activities.
- Contribute towards the analysis of stress test results and formulation of recommendations to Executive Management and the Board
- Responsible for the design and maintenance of effective processes and procedures for the validation of the ALM, Premium Pricing, Reserving Model and Economic Capital model.
- Develop a model to independently establish a forward-looking assessment of the risk profile and financial position of the Corporation, including the conducting of regular stress testing and scenario analyses as defined in GOI 3.1 (Own Risk and Solvency Assessment (ORSA) for Insurers), against the risk appetite and risk limits of the Corporation.
Requirements:
- Honours degree in Economics, Actuarial Science, Statistics, Finance,
- Engineering or Mathematics is a requirement.
- At least 5 years’ experience in market risk, stress testing, PD and LGD credit models, loss forecasting and economic capital.
- Experience in regulatory capital, economic capital, and capital adequacy assessment.
- Familiarity with ORSA and/or ICAAP
- Relevant independent research project or thesis is beneficial.
- Completion of or progression in FRM, CFA or Actuary is beneficial.
Salary: R600 000 p/a
If you meet the above requirements and want to make a career-changing move, apply today by emailing your CV to .za
Alternatively, you can visit our website to find your next opportunity – .za or you can also contact Lindy, Shannon, or Michaela on 021 551 86 36
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
GO APPLY NOW
Safe & secure application process
Explore More Opportunities
Get Similar Job Alerts
Job Seeker Tip
Consider temporary or contract work to gain experience and potentially convert to permanent roles.
How to Apply
Click “GO APPLY NOW” to visit the company’s application page.
Follow their instructions carefully.
JVR Jobs connects you with employers – we don’t process applications directly.
Latest Job Opportunities
Cape Town City Centre: NOC Engineer/Systems Admin (Remote_2pm – 10 pm)
ENVIRONMENT: MONITOR, maintain, and support the network, compute infrastructure, and critical systems as the next NOC Engineer/Systems Admin wanted by…
View JobStellenbosch: Head Chef posted by Empact Group Southern Africa
Purpose of the Role The Head Chef is responsible for developing and planning menus, establishing recipes and food purchase specifications,…
View JobSecunda: Assistant Food & Beverage Manager posted by Peermont Global/ Emperors Palace
Job Purpose To Assist the Complex Food and Beverage Manager with running of all Restaurants, Bars, Room service and the…
View JobSandton: Assistant Store Manager posted by Ares Holdings
Under Armour Sandton is looking for an Assistant store Manager to join their team. Apollo Brands Pty Ltd, the distributers…
View JobJohannesburg: Head Of Marketing posted by Hire Resolve
A leading healthcare company that manages eight hospitals is looking for a Head of Marketing to join their team in…
View JobKwaZulu-Natal: Senior Full Stack Developer posted by Tumaini Consulting
Our client, a rapidly expanding international consultancy, is looking for a Senior C# ASP.NET Developer to join their high-performing team.…
View Job
Browse Employers
Job Alerts