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  • Posted: Nov 19, 2020
    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 Team Leader

    ROLE PURPOSE

    Manage the team looking after the valuation of the investment products within Momentum Retail Corporate Actuarial. The main output from the team is the IFRS earnings, EV earnings, SAM earnings as well as the SCR and other regulatory calculations. It is expected that the successful candidate be actively involved in the production and analysis of results. The role will further include model and process developments between valuation periods. Interaction with other business units will be required. The role will report to the head of the Momentum Retail Corporate Actuarial function.

    REQUIREMENTS

    • Quarterly valuations will include but not limited to producing, reviewing and reporting to the Head of the Actuarial Function IFRS earnings, EV earnings, SAM earnings, as well as SCR and cost of capital calculations.
    • Valuation model development as well as process improvements.
    • Managing team members as well as output required.
    • Engagement with business units to implement product upgrades as well as other requirements.

    COMPETENCIES REQUIRED

    • Results driven
    • Energetic
    • Motivating and inspiring a team
    • Collaboration
    • Stakeholder management

    QUALIFICATIONS

    • BCom degree (or similar).
    • Qualified Actuary or nearly qualified.
    • At least 5 - 7 years' relevant experience, preferably within an individual life Actuarial Valuation function.
    • Previous experience on investment type products would be an advantage.

    Method of Application

    Interested and qualified? Go to Momentum Metropolitan Holdings Limited on www.linkedin.com to apply

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