Senior Actuarial Specialist Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description We are an African Insurance Giant Be a part of our business that is growing its footprint across Africa as well as expanding our actuarial presence in Johannesburg. Old Mutual is an insurance giant in Africa, with life insurance entities currently established in Namibia, Swaziland, Zimbabwe, Ghana, Botswana, Malawi, Kenya and Uganda.
Why the Africa Actuarial Services Team? In this Johannesburg based role, you will work as part of a team tasked with providing actuarial services to the life entities in the Rest of Africa, consolidating and explaining the life financial results for Old Mutual Africa in all aspects of reporting.
This role is accountable for management and development of the OMAR Life Actuarial financial models and related systems. This role requires an actuary with data and modelling system experience. The incumbent will report into a member of the OMAR Life Actuarial central management team.
Key Result Areas: Model Management Maintain the model inventory Manage the application of Old Mutual governance around OMAR Life Actuarial model developments Review code changes made by contractors Design, develop and test new models and systems in OMAR Life Actuarial Manage the work of contractors working on OMAR Life Actuarial models Enable better liaison between the various teams who use the same models and processes to ensure consistency. Staff Development Train and coach OMAR Life Actuarial staff in model development Train OMAR Life Actuarial staff in the Old Mutual model governance General: Ensure that all actuarial processes are performed as efficiently as possible, finding and delivering continuous process improvement and standardisation opportunities. Qualifications, Experience and Personal Attributes: Education and Qualifications Nearly qualified or qualified actuary with at least 8 years' experience (exceptional candidates who don't meet the criteria may be considered) Experience A minimum of five years working with data and modelling systems Understanding and knowledge of Financial Services industry. Strong track record of working simultaneously across multiple projects / clients Strong technical skills and experience in a valuations role will stand you in good stead Personal Attributes Strong attention to detail with high levels of drive and energy Motivated self-starter, who shows initiative and able to interact effectively with people at all levels Proven ability to complete tasks within agreed timelines with minimal guidance. Excellent people skills and an ability to work in a team will give you the competitive edge. Highly innovative with a willingness to learn and grow Competencies Customers First: Co-creates with customers, collaborates across functions and business units. Results Orientated: Drives superior delivery & drives a culture of continuous improvement. Resilience: Takes setbacks or failures in-stride. Adaptability: Understands and influences group dynamics and relationships across teams. Closing Date 02 October 2024
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