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  • Posted: Nov 11, 2024
    Deadline: Not specified
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  • Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...
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    Actuarial Analyst (BSM Non-Life)

    Requirements

    • BSC Actuarial degree
    • Passed or have exemption for at least 6 CT actuarial exams or equivalent qualification
    • At least 3 years’ working experience
    • Expert knowledge MS Office
    • Advance knowledge of MS SQL
    • Intermediate to advanced programming experience
    • Advanced understanding of the components of SCR as prescribed by the prudential standards. Cell captive specific experience advantageous
    • Non-life insurance experience advantageous
    • Understanding of relevant legislation, ie. Insurance act, Prudential standards, IFRS 4 and IFSR17
    • Advanced understanding of triangulation methods including large loss reserving methods to value IBNR

    Duties & Responsibilities

    • Perform monthly capital calculations for Guardrisk and its clients
    • Assist with IFRS17 modelling of LRC and LIC provisions
    • Assist and take ownership of the capital projections for the ORSA
    • Actively participate in initiatives to optimise capital for Guardrisk and its clients.
    • Actively participate and take ownership of quarterly and annual regulatory deliverables

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