Actuarial Supervisor at Old Mutual

A key focus will be to provide senior management with insights into the financial results for MFC. The candidate will be responsible for producing monthly financial results, reporting valuation results and producing forecasts. The candidate will provide insights through analyzing the financial results and comparing to forecast, highlighting the key drivers of results and deviations to forecast. Having oversight of the financial reporting landscape for MFC puts the candidate in an ideal position to provide senior management with the information they need to drive the strategic direction of MFC.

The individual will partner with the internal MFC Valuations, MFC Finance, Actuarial Business Partner and Distribution Economics teams including Group Finance, Office of the Chief Actuary and Old Mutual Investment Group externally, to provide senior stakeholders with appropriate analysis and insights to drive decision making that helps achieve the MFC strategy.

Requirements

• Qualified actuary or actuarial student with minimum 11 actuarial exams
• At least 4 years actuarial experience
• Strong technical skills
• Strong detail orientation coupled with the ability to see the “big picture”
• Excellent communication skills (both written and verbal)
• Motivated self-starter who shows initiative, is proactive, looks for ways to improve
• Able to complete tasks within agreed timelines and drive projects to completion with minimal guidance
• Interest in financial modelling software
• Ability to plan and prioritise
• Willing to learn and grow
• High level of accountability

The incumbent will have an added advantage if he/she has the set skills listed below

• Knowledge of the Mass and Foundation Cluster environment, products and systems would be advantageous
• Financial reporting and/or valuation experience would be advantageous

Responsibilities

• Monthly Reporting – Produce and analyse financial results for MFC on monthly basis. Analyse key drivers of financial results and deviations from forecasts. Present results to senior stakeholders in MFC.
• Financial Reporting - Consolidation and submission of valuation results (IFRS and MCEV). Presenting results to senior stakeholders.
• Business Planning / Forecasting – Produce the business plan and other forecasts to estimate future financial impacts for MFC.
• Capital management – Produce/provide support for producing capital calculations accurately and on time.
• Continuous Improvements – Enhancements of models and processes.
• Projects - Support the delivery of project objectives e.g. IFRS17 implementation.

Skills And Experience

• 3-5 years

Education

• Fellow Of Actuarial Society Of South Africa (FASSA): Actuarial Science