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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