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  • Posted: Jun 6, 2022
    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

    Role Purpose    
    Momentum Corporate has Actuarial Analyst and Actuarial Specialist positions available in the Actuarial Consulting division of Momentum Employee Benefits. The role of the successful candidate will be to support the actuaries and the team to deliver comprehensive actuarial services to a portfolio of retirement funds and corporate clients.  Candidates with a degree in actuarial science, business science, mathematics, statistics, or other suitable finance-related degree are invited to apply. 

    The following positions are available:

    Actuarial Analyst (non-student, no experience required)

    • A candidate not studying actuarial exams with strong mathematical and statistics skills is required.  No prior experience is required.

    Actuarial Analyst (terminated actuarial studies, at least three years experience)

    • A candidate with working experience who has passed at least two actuarial exams but has now stopped their actuarial exams is required.  A minimum of three years’ work experience in the actuarial field is required.

    Actuarial Analyst (actuarial student, no experience required)

    • An actuarial student with no prior experience is required.  At least 3 subject passes or exemptions are required.

    Requirements    

    • Bachelors Degree in Actuarial Science, Business Science, Mathematics or Statistics
    • Exemptions or passes in at least three actuarial subjects
    • Strong Microsoft Excel and Word skills

    Duties & Responsibilities    

    • Carrying out retirement fund valuations and financial reviews
    • Carrying out accounting valuations
    • Calculations in respect of and preparation of member transfer (Section 14) certificates
    • Preparing valuation reports and other documents
    • Individual calculations of members' benefits including minimum benefits
    • Assisting with the management of client accounts e.g. invoicing
    • Carrying out special actuarial investigations and projects
    • Calculation of investment returns
    • Assisting the actuaries in terms of providing excellent customer service to key clients
    • Preparing agenda items for presentation at trustee meetings
    • Regular interaction with retirement fund administrators and accountants

    Competencies    

    • Ability to work under pressure
    • Attention to detail
    • Planning and organising skills
    • Initiative
    • Excellent communication and technical skills
    • Excellent analytical and organisational skills

    Closing Date: 6th, June 2022

    Method of Application

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