Actuarial Analyst at AVBOB South Africa

YOUR RESPONSIBILITIES WILL INCLUDE:

• Acquiring adequate product and systems knowledge.
• Data verification.
• Assumption setting.
• Maintenance, setup and running of Prophet valuation models.
• Consolidation of valuation results and report writing.
• SCR and economic capital calculations.
• Responding to auditor queries.
• Completion of relevant sections of quarterly and annual statutory returns to the Regulator.
• Mortality and withdrawal experience investigations.
• Maintaining awareness of the regulatory landscape and related professional guidance.
• Involvement with ad hoc projects and special investigations from time to time.
• Involvement with IFRS 17 development and roll-out.
• Appropriate tertiary qualification in Actuarial Science.
• Completion of parts A1 – A3 and F101 – F107 of the 2020 ASSA curriculum (all CTs, CA1 and STs) is preferred.
• Preferably 6 years but at least 4 years life insurance valuations experience.
• Knowledge of regulatory landscape (FSIs, GOIs) and professional guidance.
• Extensive experience with Prophet and DCS.
• VBA and SQL experience will be an advantage.
• Goal-orientated with an ability to perform work efficiently.
• Deadline-driven and the ability to work under pressure.
• Ability to work on wider team projects as well as taking ownership of individual projects.