Actuarial Analyst III at Capitec Bank

Purpose Statement

• Under general supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits. 
• Other duties include collecting data from various databases and performing standard mathematical calculations.    

Education (Minimum)

• Bachelor's Degree in Statistics or Mathematics

Education (Ideal or Preferred)

• Honours Degree in Statistics or Mathematics

Knowledge and Experience
Minimum:
Knowledge

• Actuarial principles, standards, tools, systems, models and methodologies
• Knowledge of the Life Insurance industry and landscape
• Some IFRS 17 knowledge
• Coding on FIS Prophet or other actuarial/statistical modelling software.
• Nearly qualified Actuary: Good progress with Actuarial exams, maximum of four exams remaining.

Ideal:
Knowledge ·

• Relevant knowledge of valuations/reporting and/or capital management · Business case conceptualisation, principles and compilation · Experience analysis and decrement table construction · Governance and risk management principles. · Nearly qualified Actuary: Good progress with Actuarial exams, maximum of one exam remaining.

Experience

• Min one years’ actuarial experience in the life insurance industry including valuation, reporting and or capital management.
• Minimum of 3 years experience
• Experience with IFRS17.
• Experience with Prophet or other actuarial modelling software.

Ideal:

• Experience · 3+ years actuarial experience in the life insurance industry including valuation, reporting and or capital management. · Experience with working in a team with multiple deliverables. · Experience in working with data visualisation technologies (Power BI, etc.)

Skills

• Analytical Skills
• Attention to Detail
• Numerical Reasoning skills
• Planning, organising and coordination skills
• Reporting Skills