Employment Equity Statement: Preference will be given to candidates from underrepresented groups.Job FamilyRisk, Audit and ComplianceActuarialFAIS AffectedJob PurposeTo provide actuarial solutions to internal and external clients within the Life and/or Non-Life Corporate Actuarial team, in line with Nedbank's Client Value Proposition.Job ResponsibilitiesCompletion of monthly IFRS reserving results for the individual licences.Completion of quarterly and annual SAM returns for the individual licences.Investigations of results to identify trends and anomalies.Assisting with basis setting exercises of the individual licences.Input and completion of actuarial elements of the individual licences' ORSA return.Input into the annual forecasting process of the licence.Assistance with the automation of existing processes in the Corporate Actuarial space to improve efficiency.Documentation of existing and new processes.Communication of results to actuarial managers for further action.Be an active and engaged member of the actuarial team.Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).Express ideas or facts clearly in written documentation so that the content is understood by the recipient.Ensure all personal development plan activities are completed within specified timeframe.Share knowledge and industry trends with team and stakeholders during formal and informal interaction.People SpecificationEssential Qualifications - NQF LevelAdvanced Diplomas/National 1st DegreesPreferred QualificationBachelor of Commerce in Actuarial Science, Bachelor of Science in Actuarial ScienceMinimum Experience Level0 - 1 year experienceMinimum of 4 exams (ASSA preferred)Technical / Professional KnowledgeMicrosoft OfficeBusiness writing skillsBusiness terms and definitionsData analysisInsurance Policy Technical KnowledgeCustomer OrientationManaging WorkMonitoring InformationDecision Making
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