Actuarial Expert - Pinelands at Old Mutual South Africa

Key responsibilities will include amongst others the following:

• Valuation and Financial Reporting (including Capital Requirements)
• Responsible for accuracy and quality of the consolidated financial reporting results for submission to the OML Group Actuarial Reporting team and Wealth Finance team, as appropriate.
• Accountable for compliance with agreed policy and methodology as well as professional guidance and legislation.
• Proactively provides analysis of results and recommends appropriate action back to the business and other stakeholders.
• Responsible for accuracy and completeness of the actuarial portions of regulatory reporting for submission to the OML Group Actuarial Reporting team.
• Responsible for the development and maintenance of actuarial models.
• Process efficiency and automation
• Ensure processes are efficient, robust and fit for purpose.
• Ensure the control environment is adequate and effective.
• Provide mentorship to junior actuarial students
• Ad-hoc projects
• Support the delivery of relevant projects, as and when these arise. These include (but not limited to) business planning and forecasting.

Requirements and Experience

• Qualified or nearly qualified actuary (with a minimum of 11 exam credits)
• At least 4 years actuarial experience
• Experience in life investment products or life valuations will be advantageous
• Strong analytic skills and attention to detail
• IFRS 17 knowledge and Prophet skills will be a distinct advantage.
• The appointment will be made from the designated group in line with the Employment Equity Plan of OMSA and the specific business unit.

Skills

• Business, Financial Analysis and Reporting, IFRS 17, International Financial Reporting Standards (IFRS), Valuating

Education

• Bachelors Degree (B): Actuarial Science (Required)