The role of the Senior Actuarial Analyst is to support the Head: Actuarial Short Term & Life with product development and pricing, technical valuations (internal management accounts, IFRS and SAM), forecasting, reinsurance,
capital management, asset-liability modelling, risk analytics, regulatory reporting and producing periodic reports. Minimum Education and Experience:
- Relevant 3/4-year qualification in Actuarial Science or Mathematical Statistics.
- At least 6 actuarial exemptions from the Actuarial Society of South Africa (ASSA) or from a recognized professional actuarial body (e.g. Institute and Faculty of Actuaries).
- 3-5 years Actuarial Experience in Life and/or Short-term Insurance Industries. Agricultural specific insurance will be advantageous.
- 3-5 years Previous experience in a corporate (IFRS, SAM and/or ORSA) actuarial environment is crucial.
- 3-5 years Previous experience in pricing, product development or reinsurance will be advantageous
- Knowledge of Actuarial Software or Programming/Database Language (VBA, SQL, PowerBI, R, Python, Basys, Moses, Prophet, or similar )
- Advanced Microsoft Office
- Relevant legislation applicable to insurance companies such as the Insurance Act of 2017 and associated Prudential Standards Financial Soundness for Insurers as well as International Financial Reporting Standards (IFR17)
- Actuarial Methodologies - Knowledge and understanding of the principles, regulations and legislation pertaining to acceptable actuarial policies
- Ability to understand Financial Statement, Accounting Ratios and Risk Metrics
- Short term and/or Life Insurance Corporate Actuarial (SAM, ORSA)
- Short term and/or Life Insurance Product Development and Pricing
- Reinsurance (short term and/or life insurance)
- Asset-Liability Modelling (ALM)
- Statistical/Actuarial models and Analytical Methods
However, please keep a lookout on our website, www.sixsense.co.za for available positions which may be inline with your career aspirations.
