Analyst: Corporate Actuarial

Minimum requirements

• 3-year BSc or BCom with Actuarial majors
• Honours is an advantage
• Member of Actuarial Society of South Africa / Member of the Institute and Faculty of Actuaries.
• At least 6 exemptions / actuarial exam passes
• Knowledge of statistics.
• Understanding of insurance business principles.
• Understanding of balance sheet structures and capital implications.
• Knowledge of actuarial processes and control cycle (reserving, capital modelling).
• Knowledge of the insurance industry and insurance products.
• Knowledge of IFRS 17 and/or IFRS 4.
• Knowledge of the product development process.

Technical Competencies

• Computer literacy (Microsoft Office)
• Specialist actuarial software package skills
• SAS statistical package (preferred), SQL (preferred).
• Actuarial processes and control cycle skills
• Reserving
• Capital modelling
• Analytical skills

Responsibilities

• To assist with the full implementation of IFRS 17 within Standard Insurance Limited.
• In particular, to assist with the data preparation and transformation for IFRS 17 purposes.
• To perform monthly calculations of IFRS 17.
• To perform investigations relating to IFRS 17 reports.