The FSCA's mandate is to enhance the efficiency and integrity of financial markets; promote fair customer treatment by financial institutions; provide financial education and promote financial literacy; and assist in maintaining financial stability in South Africa.
This is in line with the Twin Peaks model of financial sector regulations, as envisioned in...
Actuarial Analyst : Actuarial Services Department (Pretoria)
To provide actuarial support in analysing returns submitted in terms of the Pension Funds Act, 1956.
Key Performance Areas:
Reviewing and analysing the following, and where necessary, make recommendations:
Extension applications
Valuation exemption applications
Statutory actuarial valuation reports
Surplus applications
Stakeholder complaints
15E, 15J and 15K applications
Providing support to other Departments within the FSCA, in particular the Pensions Division; and
Involvement in ad hoc projects
Other Key Competencies:
The candidate must demonstrate the following skills and attributes: Computer literacy and excellent communication skills; Problem solving skills and ability to perform under pressure without compromising quality; and ability to work in a team.
Requirements
The incumbent must hold a Bachelor’s Degree in Actuarial Science, currently pursuing studies and has ideally passed, or been exempted from at least six of the A-series subjects of the Actuarial Society of South Africa.
Credit will also be given for passes in any of the more advanced subjects.
The candidate must have at least 2 to 4 years working experience.
Experience in the retirement fund field and/or data analysis would be an advantage.
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