South Africa: Corporate Actuarial Manager (Rosebank) posted by AtripleA recruitment & temps

The role holder will be responsible to oversee a team and to perform routine Reserving or Capital tasks as assigned, requiring minimal direct supervision and to perform more complex analyses.

Key Performance Areas:

General
• Provide actuarial services with minimal supervision
• Coordinate work tasks
• Provide guidance to members of the team
• Preform more complex analyses
• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to international clients

Reserving Specific
• Under general direction, support reserving, reinsurance analysis, or market-facing business units in support of business objectives and annual IFRS audit
• With appropriate review and guidance from management coordinate, prepare, and perform actuarial analyses including any premium projections, consultations on actuarial models, and risk-based capital issues
• Support financial, market facing business units, claims, risks, capital management, and other functions on reserving and strategic business decisions

Capital Specific
• Under general direction, support capital modelling, data quality, regulatory returns, and audits
• With appropriate review and guidance management, coordinate, prepare, and perform actuarial analyses including collection of information from various stakeholders across the business

Business Support Specific
• Support actuarial services related to risk-based capital model development, parameterisation and allocation activities
• Perform data analytics and / or reinsurance analysis

Relationships:

Internal
• Actuarial business partners
• Underwriting
• Claims
• Finance (FAR and PPM)
• Senior management / executives

External
• Head Actuarial Function
• Auditors (external and internal)
• Underwriting management agency (UMA) partners
• Network of contacts within the actuarial profession

Minimum requirements:
• University degree in actuarial science, statistics, mathematics, or a related field
• 3 to 7 years of experience in an actuarial environment
• Self-motivation and drive
• Professional, enthusiastic, and positive attitude
• Able to meet deadlines and work under pressure
• Strong knowledge of actuarial professional guidance and relevant legislation
• Strong knowledge of financial and accounting practices, financial analysis, and reporting
• Knowledge of the insurance industry trends, directions, major issues, regulatory considerations, and trendsetters
• Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company’s business
• Knowledge of practices and policies governing disclosure of information about the organisation
• Proficiency in English with a preference for proficiency in at least one other language