Actuarial Analyst at Nedbank

Job Purpose

• To provide actuarial solutions to internal and external clients within the insurance industry; in line with Nedbanks Client Value Proposition.

Job Responsibilities

• Data conversion process
• Running Prophet
• Manual reserve calculation
• Data checks
• Adhoc results analysis
• Support in production of Capital calculations (SAM and ECAP)
• Provide support in performing analysis of surplus.

People Specification

• Essential Qualifications - NQF Level
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Science (Actuarial Science) or BCom (Actuarial Science)

Type of Exposure

• Comparing two or more sets of information Working with a group to identify alternative solutions to a problem
• Completing various administrative and secretarial duties (e.g.; answering phones; making copies; filing)
• Managing conflict situations
• Sharing information in different ways to increase clients understanding
• Communicating internally and external
• Capturing data
• Checking accuracy of reports and records.
• Drafting reports
• Building and maintaining effectiv3e relationships with internal and external clients
• Managing customer expectations
• Interacting with diverse people
• Working in a fast-paced environment
• Working in a team
• Working with spreadsheets

Minimum Experience Level

• 0 - 2 years in the Actuarial field.
• Relevant Actuarial Degree (minimum 6 exemptions)
• Coding experience is advantageous.

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking knowledge
• Business principles
• Business terms and definitions
• Data analysis
• Microsoft Office
• Relevant software and systems knowledge
• Business writing skills
• Governance, risk and controls

Behavioural Competencies

• Adaptability
• Applied Learning
• Communication
• Collaborating
• Innovation
• Work Standards