Intermediate Actuarial Specialist – New EntrantLet's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description An exciting opportunity exists within the Personal Finance Actuarial team. Personal Finance is one of the largest segments in OML and our people are at the heart of everything we do. Our leaders have a wealth of knowledge and experience and are passionate about mentoring and imparting knowledge. Our high-performance team culture is based on respect and embracing your uniqueness.
The successful candidate will have an excellent opportunity to develop their technical and analytical skill, particularly playing a key role in producing Financial, Capital and Risk reporting output for Published and Regulatory Reporting, business planning as well as providing insights to the business.
This role will provide the opportunity to develop in-depth knowledge of OML products and the embedment of IFRS17 reporting, as well as the opportunity to learn cutting-edge data management tools. The position will further offer regular opportunities to engage with and present results and outcomes to various stakeholders and management at a senior level.
Key Result Areas Finance & Risk Reporting, Capital and business insights: Performing and reviewing regular quarterly valuations (IFRS17) for financial reporting and submissions to the regulator.Development of new data processes: Assist with the implementation of the actuarial data process and enablement of business insight capabilities.Process and model improvement: Critically reviewing current processes and actuarial models with a view of continuous improvement.Projects: Support the delivery of relevant projects objectives as and when these arise.Collaboration and Business Insights: Extract insights and understand the drivers of key financial metrics for business consideration. Effectively collaborate with business and other specialized areas such as Accounting, Product Development and Balance Sheet Management.Requirements: Skills, Qualifications and Experience required Actuarial student with 7 exam credits and above.Strong technical skills.Strong detail orientation coupled with the ability to see the "big picture."Interest in financial modelling software.Key behavioral skills and attributes required to fulfill this role: Self-motivated and energetic individuals who enjoy the challenge of tackling complex issues.Ability to communicate effectively to diverse technical and non-technical audiences (written and verbal).Ability to complete tasks within agreed timelines and drive projects to completion with minimal guidance.Ability to plan and prioritise.High level of accountability.Willing to learn and grow.The incumbent will have an added advantage if he/she has the set skills listed below: Knowledge of IFRS and Regulatory Solvency valuations.Prophet experience.SQL and Python programming skills.Advanced MS Excel skills.Please note that the appointments may be made at a lower role size depending on the successful candidates' experience. Competencies Strategic.Innovation.Leading with Influence.Collaboration.Customer First.Personal Mastery.Education Bachelor of Science (BSc): Actuarial Science (Required).
Closing Date 08 November 2024.
The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question. Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19. All prospective employees are required to disclose their vaccination status as part of the recruitment process. Please refer to the Old Mutual's Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so. About UsOld Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.
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