Job Description

Senior Corporate Actuarial Analyst

Minimum Requirements:

• Matric (Grade 12)
• University degree in Actuarial Science or a related field.
• Evidence significant exam progress towards qualifying as an actuary.
• Proficiency in English
• Effective intermediate oral and written communication, interpersonal skills
• At least five years of relevant work experience
• Ability to extract and summarise data
• Experienced user of reserving and capital modelling software e.g., Psicle, Igloo, ResQ, etc.
• Experienced in delivering work within timelines demanded by corporate reporting calendar

Responsibilities:

• Extract, collate and transform data.
• Prepare and upload into software.
• Run models, export results, and collate reports, while adhering to all process governance and quality assurance requirements.
• Prepare quarterly reserve and profitability review reports. Present findings at relevant governance meetings chaired by CFO.
• Participate and support team and chair with meeting preparation and administration.
• Set agendas, record, and distribute actions.
• Support various Finance and other business functions e.g., reinsurance, investment, capital, etc.
• Extract, collate and transform data.
• Prepare and upload into software.
• Run models, export results, and collate reports, while adhering to all process governance and quality assurance requirements.
• Prepare quarterly and annual; solo and group; qualitative and quantitative regulatory returns.
• Help compile and prepare the companys Own Risk and Solvency Assessment (ORSA).
• With specific responsibility for the Risk Tolerance Statement, Stress and
• Scenario Testing, and Solvency Projections.
• Participate in the calculation of Company Solvency Capital Requirement, reviewing Companies Asset-Liability
• Management and the risk-based allocation of capital to the various business units.
• Prepare and present results to the Capital Forum chaired by the CFO.
• Contribute various analyses as part of the annual planning cycle in the Company.
• These include calculation of inflation projections, calibration of large loss thresholds, appropriate loadings for large, catastrophe and
• weather claims, as well as reinsurance programme costing.
• Support the annual reinsurance programme renewal with various analyses and data extractions.
• Have experience working within IFRS17 requirements, with a working knowledge of the standard, and relevant actuarial concepts, methods, and techniques.