Our client, a major Banking and Financial Services provider in South Africa, is looking to urgently place a Senior Actuarial Analyst to provide actuarial solutions to internal and external clients within their life corporate actuarial team.
Responsibilities: Completion of monthly IFRS reserving results for the Life Licence of the company.Completion of SAM returns on a quarterly basis, as well as Annual SAM returns, for the Life licences.Investigations of results to identify trends and spaces for improvement in existing processes.Assistance with the automation of existing processes in the life valuations space to improve efficiency.Documentation of existing and new processes.Input and completion of Actuarial elements of the company's ORSA returns.Input into the annual budgeting process of the company for the life licences.Input into basis setting exercises of the company.Communication of results to actuarial managers for further action.Input into the completion of Actuarial Committee and Board packs.Team Contribution: Be an active member of the Actuarial team and help to mentor and guide junior staff.Contribute to a culture conducive to the achievement of transformation goals by participating in the company's culture building initiatives (e.g. staff surveys etc.).Support and encourage staff to participate and support corporate responsibility initiatives.Stay abreast in the field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.Contribute to team effectiveness by following the recruitment process when recruiting talent.Maintain a capable high performing team and ensure an environment for optimal performance is created by identifying talent pool through conducting career conversations; utilising the talent grid principles and developing talent retention programmes (e.g. rotation).Ensure self and staff understand and embrace the company's Vision and Values by leading by example and re-enforcing values during meetings.Qualifications: Advanced Diplomas/National 1st DegreesBachelor of Commerce, Bachelor of ScienceExperience: 2 – 4 years in the Corporate Actuarial environment.Life Corporate Actuarial experience.Minimum of 6 – 8 exams (via Assa).Technical / Professional Knowledge: Administrative procedures and systemsBanking knowledgeBusiness principlesBusiness terms and definitionsData analysisGovernance, Risk and ControlsMicrosoft OfficeThe company's culture and valuesThe company's vision and strategyRelevant software and systems knowledgeBusiness writing skillsBehavioural Competencies: AdaptabilityApplied LearningCommunicationCollaboratingInnovationWork Standards
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