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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below: 1. To see what life at Capitec is all about and complete a short assessment, please click here! 2. Once you have completed the above finalize your application by clicking apply below.
To enhance the financial performance of Capitec Insurance through:Support in monthly reserving and profit calculations.Support in the calculation of solvency requirements as specified in the Financial Soundness for Insurers specs (previously SAM).Assistance in developing and maintaining Prophet and other models used in the valuation process.Ad-hoc pricing and experience investigation tasks to understand the ongoing experience of the Capitec Insurance book.ExperienceMINIMUM: Min one years' actuarial experience in the life insurance industry including valuation, reporting and or capital management.Experience with IFRS17.Experience with Prophet or other actuarial modelling software. IDEAL: 3+ years actuarial experience in the life insurance industry including valuation, reporting and or capital management.Experience with working in a team with multiple deliverables.Experience in working with data visualisation technologies (Power BI, etc.)Qualifications (Minimum)Bachelor's Degree in Statistics or MathematicsQualifications (Ideal or Preferred)Honours Degree in Statistics or MathematicsKnowledgeMINIMUM: Actuarial principles, standards, tools, systems, models and methodologiesKnowledge of the Life Insurance industry and landscapeSome IFRS 17 knowledgeCoding on FIS Prophet or other actuarial/statistical modelling software.Nearly qualified Actuary : Good progress with Actuarial exams, maximum of four exams remaining. IDEAL: Relevant knowledge of valuations/reporting and/or capital managementBusiness case conceptualisation, principles and compilationExperience analysis and decrement table constructionGovernance and risk management principles.Nearly qualified Actuary: Good progress with Actuarial exams, maximum of one exam remaining. SkillsAnalytical SkillsAttention to DetailNumerical Reasoning skillsPlanning, organising and coordination skillsReporting SkillsConditions of EmploymentClear criminal and credit record Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06
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