Actuarial Analyst at Rand Mutual - RMA

Purpose of the Role

• Reporting to the Senior Actuarial Analyst, the incumbent will support the actuarial function in preparing monthly valuations, EXCO reports, building financial models, determining capital requirements, pricing and product development.

Qualifications and Experience required

• Bachelor’s degree – Actuarial Science
• Progress towards actuarial exams – 3 CT exams
• At least 2 years of experience in an actuarial capacity
• Previous life and short-term insurance valuation or insurance risk management experience would be an advantage

Key Areas of Responsibility

Direct

• Preparation of the monthly valuation results
• Ensure valuation data integrity
• Preparation of actuarial specific areas in all the Group regulatory returns (Monthly, Quarterly, Annual)
• ORSA and SAM reporting
• Maintaining actuarial data
• Timeous response to actuarial queries
• Maintenance of pricing models
• Financial projections

Indirect

• Build good relationships with internal stakeholders
• Effective reporting and assessment of problem areas

Projects

• Any ad hoc duties

Knowledge, Skills and Competencies required

• Communication
• Decision Making
• Ethical Work Standards
• Applied Learning
• Planning and Organising
• Analytical (problem solving)
• Results driven
• Confidentiality