Corporate Actuary at Momentum

Job description

Role Purpose

Momentum Retail Corporate Actuarial is looking for an actuarial professional to join the team focussing on the development of actuarial valuation models for the Momentum Retail segment at our Centurion office. The team comprises of a blend of experience and youth, with a focus on development and knowledge share. The team culture is one of collaborations, focus, excellence, flexibility, innovation and open communication. With the frequency of changes in the financial and regulatory reporting environment, and in particular with changes relating to the financial reporting standard for the measurement of insurance contracts (IFRS 4), we believe this is an exciting opportunity for someone to apply their technical modelling capabilities while remaining at the forefront of developments in the actuarial science.

Minimum Qualifications

• B Com degree (or similar)
• Progress with professional examinations towards qualifying as an actuary

Minimum Experience

• Passed or gained exemption in all the core technical actuarial subjects
• 2 year working experience in valuations or a Corporate Actuarial environment will be an advantage
• Intermediate Prophet knowledge will be an advantage
• Previous exposure in modelling or programming
• Perspectives and Outputs

(Internal Process)

• Maintaining the overall integrity of the different valuation models used within the Momentum Retail Corporate Actuarial team through regular review and sign-off of changes implemented within different areas of the team;
• Enhance internal consistency between the different valuation models between different product teams to drive efficiencies in terms of results and analysis;
• Lead projects to implement requirements relating to existing and new reporting requirements consistently across the different workspaces; and
• Participate in company specific as well as industry forums on topics relevant to the actuarial reporting environment.
• Effectively lead team

(People)

• Create a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivity.
• Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.
• Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.
• Enable a learning and growth culture whereby information regarding successes, issues, trends and ideas are actively shared between team members.
• Encourage innovation, change agility and collaboration within the team