Actuarial Analyst at FSCA South Africa

Purpose of the Job: 

• To provide actuarial support in analysing returns submitted in terms of the Pension Funds Act, 1956.
• The person appointed to this position will report to the Manager: Actuarial Services.

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.
• FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities 
• are encouraged to apply.

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 insurance product development and/or data analysis would be an advantage.

Closing Date: 6 October 2023