Home South Africa Senior Actuarial Analyst: Balance Sheet Management (Life)

Home South Africa Senior Actuarial Analyst: Balance Sheet Management (Life)

Senior Actuarial Analyst: Balance Sheet Management (Life)

Full time at Guardrisk in South Africa
Posted on May 8, 2024

Job details

At Guardrisk we have only one purpose: To be of service to our clients. Our Vision: To provide value-added and cost-effective insurance and alternative risk transfer solutions. To employ professionals with a passionate commitment to service excellence. To network internationally and forge world-class partnerships. Our Values: We hold ourselves accountable and take ownership of our actions and responsibilities. We value integrity and practise good faith, fairness and honesty. We maintain a positive attitude and foster enthusiasm in everything we do. We treat everyone with respect and dignity. We acknowledge the demands and rewards of teamwork. We strive towards the highest standards of self-discipline and professionalism. We nurture our intellectual property for the benefit of our clients.

Role Purpose

Perform reserving calculations and regulatory capital reporting and assist with capital management and regulatory compliance for Guardrisk Life Limited.

Requirements

Bachelor's degree in actuarial science

Making good progress towards qualification as a Fellow

At least 3-6 years working experience, preferably in life insurance

Duties & Responsibilities

Predominantly involved with South African clients, but also involved with Mauritian life cell clients

Maintain allocated cell client models calculating IFRS reserves

Maintain allocated cell client models for SAM SCR and Technical Provisions

Participate in the ORSA process for allocated clients

Direct client engagement on balance sheet management matters

Assist in regulatory return preparation and dealing with queries

Internal and external stakeholder engagement on accountable areas

Contribute to BSM Life software and process automation

Contribute to IFRS17 implementation as part of multi-disciplinary project team

Provide guidance and thought leadership within specialist team

Competencies

You must love a challenge!

Ability to commit to deadlines and work efficiently and accurately under pressure

A good working knowledge of the MS-Office packages, specifically Excel and Word

Experience in information technology (Prophet, DCS and SQL experience will be an advantage), with a willingness to learn more

Experience in life valuations and SAM reporting will be an advantage

Quick learner and self-starter

Good written and verbal communication skills

Collaborative attitude with interpersonal skills

Strong analytical and problem-solving skills

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