Apply by: 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, pleaseclick here! 2. Once you have completed the above finalize your application by clicking apply below. Purpose Statement 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. Experience MINIMUM: 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 Mathematics Qualifications (Ideal or Preferred) Honours Degree in Statistics or Mathematics Knowledge MINIMUM: Actuarial principles, standards, tools, systems, models and methodologies Knowledge of the Life Insurance industry and landscape Some IFRS 17 knowledge Coding 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 management Business case conceptualisation, principles and compilation Experience analysis and decrement table construction Governance and risk management principles. Nearly qualified Actuary: Good progress with Actuarial exams, maximum of one exam remaining. Skills Analytical Skills Attention to Detail Numerical Reasoning skills Planning, organising and coordination skills Reporting Skills Conditions of Employment Clear criminal and credit record Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.
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