(1581) Associate Actuarial Analyst at South African Reserve Bank

Detailed description

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

Provide actuarial support concerning both solo and group entities, this includes but is not limited to the following: 

• scrutinising the financial soundness of non-life insurers; 
• participation in on-site visits to non-life insurers.
• Scrutinise and check the compliance of submissions by non-life insurers.
• Assist in maintaining the statutory returns required by regulated entities.
• Participate in projects initiated within the PA and industry forums.
• Develop and test systems and procedures for internal use.
• Maintain and upgrade databases.
• Participate in and execute projects initiated within industry forums.
• Transfer knowledge and skills to stakeholders, both inside and outside of the PA

Qualifications

Job requirements

To be considered for this position, candidates must:

• hold  a relevant Postgraduate degree in Actuarial Science;
• be actively pursuing studies and ideally have passed or been exempted from at least two A-series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; and
• have two to five years’ relevant working experience in the non-life insurance industry.