Job Description
About the Role
Join our Corporate Actuarial team responsible for reserving and capital analytics for South Africa and Botswana. We are seeking a highly skilled Senior Corporate Actuarial Analyst to support our clients with their actuarial needs.
Key Responsibilities
- Extract, collate, and transform data.
- Prepare quarterly reserve and profitability review reports.
- Support finance and other business functions.
- Extract, collate, and transform data.
- Prepare quarterly and annual regulatory returns.
- Help compile the company’s Own Risk and Solvency Assessment (ORSA).
- Participate in calculating Solvency Capital Requirement and reviewing Asset-Liability Management.
- Prepare and present results to the Capital Forum.
- Contribute analyses as part of the annual planning cycle.
- Support annual reinsurance programme renewal.
- Work within IFRS17 requirements.
Requirements
- University degree in Actuarial Science or related field.
- Significant progress towards qualifying as an actuary.
- Proficiency in English.
- Effective communication and interpersonal skills.
- At least five years of relevant work experience.
- Ability to extract and summarise data.
- Experienced with reserving and capital modelling software.
Qualifications
No specific qualifications mentioned.
Salary & Benefits
Salary details not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Development Jobs in South Africa
In the development field in South Africa, the job market trends generally indicate a growing demand for professionals with expertise in software development, IT infrastructure, and data analysis. This is largely driven by the increasing adoption of technology in various industries, including finance, healthcare, and e-commerce. As a result, many companies are seeking skilled developers to support their digital transformation initiatives.
Typically, salaries for development roles in South Africa vary widely depending on factors such as experience, company size, and industry sector. Common salary ranges for entry-level positions can start around R500 000 – R800 000 per annum, while senior developer roles can range from R1 million – R2 million per year. However, it’s essential to note that these figures are broad estimates and may not reflect actual salaries at specific companies or in specific regions.
Common skills required for development roles in South Africa include proficiency in programming languages such as Java, Python, or C++, experience with software development methodologies like Agile or Scrum, and knowledge of data analysis tools like SQL or NoSQL databases. Additionally, having a strong understanding of cloud computing platforms like AWS or Azure is often an advantage. Other essential skills include communication, problem-solving, and collaboration.
Development roles are commonly found in various industries, including financial services, technology, manufacturing, and healthcare. The financial services sector, for example, employs developers to build and maintain complex software systems, while the technology industry requires developers to design and develop innovative software solutions. Manufacturing companies also need developers to optimize their production processes using data analytics and automation.
In terms of career development, professionals in development roles can expect opportunities to advance into senior positions or take on leadership roles. Many companies also offer training and development programs to help employees upskill and reskill, which can lead to new career paths or roles within the company. With experience, developers can move into roles such as technical lead, product manager, or even entrepreneurship, where they can apply their skills to build innovative products and services.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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