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Durban: Actuarial Risk Analyst posted by Hire Resolve

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Job Description

An industry-leading company situated in La Lucia, KwaZulu-Natal is currently seeking the expertise of an experienced Actuarial Risk Analyst to join their team.

The role will provide exposure to valuations, Solvency Assessment and Management (SAM), reporting, budgeting, product development and pricing, risk and reinsurance management and other actuarial areas.

Focus Areas

You will be involved in a wide range of areas, including:

  • Completion of Monthly, Quarterly and Annual valuations according to the IFRS and SAM requirements
  • Assisting with IFRS 17 development and implementation
  • Assisting with the Annual Own Risk and Solvency Assessment (ORSA) process
  • Maintaining and updating models (Prophet and other macros)
  • Developing and pricing new/updated products and ongoing maintenance
  • Producing management information reports for circulation to senior management
  • Assisting with the setting and reviewing of Risk registers and Risk Appetite Statements
  • Calculations and reporting required in terms of the different reinsurance treaties
  • Assisting with the experience investigations and assumption setting for valuation purposes
  • Completing the Conduct of Business Returns (CBRs)
  • Assisting with the actuarial components of the annual budget process
  • Other ad-hoc items

What do you need?

Required

  • Mathematics, Statistics or Actuarial Science Degree
  • At least 2 years experience in one or more of the focus areas
  • Progress with the Actuarial Exams

Advantage

  • IFRS17 experience
  • Prophet experience

The role would suit you if you are

  • Analytical, ambitious and loves to get involved in a range of different tasks
  • Comfortable engaging and communicating with people from different departments, and different seniority levels as well as external partners
  • Accurate, pay attention to detail and take accountability for your work
  • Creative, adaptable, innovative and delivery focused
  • Pragmatic in your application of theoretical results

Hire Resolve is a top-tier recruitment firm that focuses on placing skilled professionals in permanent employment.

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Hire Resolve focuses on working with senior-level executives and we pride ourselves on delivering excellent service to our candidates and clients.

  • Salary: negotiable.
  • Our client is offering a highly competitive salary for this role based on experience.
  • Apply for this role today, visit the Hire Resolve website: hireresolve.us or email us at .za
  • Alternatively, you are welcome to connect with Shannon Watson, Merina Naicker, and Lindy-lee on LinkedIn.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Finance/Accounting Jobs in Kwazulu-Natal

In Kwazulu-Natal, South Africa, the finance and accounting profession is a vital component of various industries, contributing to the country’s economic growth and stability. Typically, job seekers in this field can expect to find opportunities across a range of sectors, including financial services, technology, manufacturing, and more.

Generally speaking, salaries for finance and accounting professionals in Kwazulu-Natal vary widely depending on factors such as level of experience, company size, industry sector, and specific role requirements. Typically, junior positions in this field may command salary ranges between R400 000 to R700 000 per annum, while senior roles can fetch salaries between R1 million to R3 million per annum or more. However, it’s essential to note that these are broad estimates and actual salaries can vary significantly based on individual circumstances.

Common skills for finance and accounting professionals in Kwazulu-Natal include proficiency in financial software such as SAP, Oracle, or Microsoft Dynamics, as well as strong analytical and problem-solving skills. Typically, candidates with a degree in finance, accounting, or related fields, as well as certifications like the CFA or CA (South Africa) designation, are highly sought after. Other essential skills often include excellent communication and leadership abilities, as well as the capacity to adapt to changing business environments.

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Various industries commonly employ finance and accounting professionals, including the financial services sector, technology industry, manufacturing sector, and more. The financial services sector is particularly prominent in Kwazulu-Natal, with many banks, insurance companies, and other financial institutions operating in the province. Technology companies are also increasingly looking for skilled finance professionals to manage their finances and operations.

Career development opportunities for finance and accounting professionals in Kwazulu-Natal are numerous. Typically, senior roles may involve managing teams of junior accountants or financial analysts, while more experienced professionals can move into leadership positions such as Chief Financial Officer (CFO) or Director of Finance. Others may choose to specialize in areas like forensic accounting, tax consulting, or risk management, offering a range of career progression paths and opportunities for advancement.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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