Sandton: Actuarial Executive

Responsibilities: • Managing projects, producing reports, performing reviews and analysing results in all areas of short-term actuarial services. • Reviewing technical provisions – IBNR, UPR, AURR, including stochastic risk adjustment calculations in R/Python. • Assisting clients with their IFRS 17 reporting requirements. • Providing HAF support. • Capital modelling, including reviews of economic capital models, building challenger models, and quantitative validation of the SAM/RBC standard formula. • Reinsurance reviews and stochastic optimisation, including geospatial modelling. • Product pricing and design, including reviews, working with GLMs, GAMs, etc. • Projection models for ORSA/FCR and business plans. • Providing technical advice to General Insurance clients. • Ensuring that reports include insight/value-add for clients. • Supporting the Associate Directors. • Performing market studies and research. • Maintaining and improving client relationships Requirements: • Bachelor’s degree in actuarial science, Statistics, Mathematics, etc. • At least seven years’ experience in General Insurance, pricing or reserving and capital modelling. • Qualified or near qualified actuary. • Experience in managing projects and people (advantageous). • Experience with SAM, ORSAs, valuations and solvency calculations will be beneficial. • Strong proficiency in statistical modelling techniques and programming languages such as R, would be advantageous. • Strong work ethic and highly motivated. • Effective communication and