Senior Actuarial Supervisor
Full time
at Old Mutual Life Assurance Company (SA) Ltd
in
Online
Posted on May 8, 2024
Job details
Senior Actuarial Supervisor page is loaded
Senior Actuarial Supervisor
Apply remote type Hybrid locations Pinelands Johannesburg time type Full time posted on Posted Today job requisition id JR-47995 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 The Personal Finance Valuation team has an exciting opportunity for a suitably qualified individual to oversee and support the production of the Financial, Capital and Risk reporting requirements for a subset of the product range. A key focus will be to lead a small team of professionals responsible for the reporting, forecasting and monitoring of a subset of the PF product range. The role provides the opportunity to develop in-depth knowledge of the valuation process, product range, PF business and engage with senior management. Key Result Areas- Financial Reporting – Produce IFRS17, MCEV and SAM results. Presenting results to management and effectively explaining key drivers of results (for all relevant metrics)
- Monthly Reporting and Monitoring – Ongoing monitoring and analysis (outside of valuation periods) of the financial impacts of the products responsible for
- Business Planning / Forecasting – Produce inputs into the business plan and other forecasts to estimate future financial impacts of the products responsible for
- Management Information – Extract insights and understand the drivers of key financial metrics for business consideration.
- Capital Management – Oversee production and analysis of capital calculations for the relevant products.
- Continuous Improvements – Critically reviewing current processes and actuarial models with a view of continuous improvement.
- Projects – Support the delivery of relevant project objectives as these arise.
- Leadership – Manage a small team of professionals and provide coaching and mentoring to the team.
- Qualified Actuary or Senior Actuarial student
- At least 6 years’ actuarial experience
- Financial reporting and/or valuation experience
- Management experience
- High level of accountability and ownership
- Excellent interpersonal and communication skills
- Knowledge of the South African life Insurance environment, products and systems would be advantageous.
- Motivated self-starter who shows initiative, is proactive, looks for ways to improve.
- Knowledge of IFRS and Regulatory Solvency valuations
- Prophet and DCS experience
- Advanced MS Excel skills
- Python and SQL skills
- Generating Ideas
- Exploring Possibilities
- Developing Strategies
- Developing Expertise
- Providing Insights
- Adopting Practical Approaches
- Making Decisions
- Taking Action
- Empower with care.
- Evolve with agility.
- Deliver strategic value.
- Delight the customer.
About Us
Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience. #J-18808-LjbffrApply safely
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