(1551) Insurance Analyst at South African Reserve Bank

 Detailed description 

The successful candidate will be responsible for the following key performance areas: 

• Review, analyse and evaluate non-life insurers’ own risk and solvency assessment process. 
• Analyse and interpret risk-based regulatory returns for non-life insurers. 
• Conduct research and provide input into the regulatory framework in line with international best practice. 
• Interpret and develop amendments to the legislative framework, based on international best practices. 
• Contribute towards the international capital framework working committees. 
• Develop and implement the supervisory review and evaluation process, in line with international best practice.  

Job requirements 

To be considered for this position, candidates must be in possession of: 

• a Postgraduate qualification in Insurance, Actuarial Science, Risk Management, Finance or an equivalent qualification (NQF 8); 
• a minimum five years’ job-related experience in the non-life insurance sector or in risk management of non
• life insurers; andgood progression in actuarial subjects. 

The following would be an added advantage: 

• an Masters qualification in any of the aforementioned, an ASSA Associate (or equivalent credentials) 
• designation, or a risk management designation such as PRM or FRM, and practical experience in a financial 
• and/or business and/or regulatory environment; and 
• knowledge of, or experience in climate risk related aspects.