Analyst: Corporate Actuarial at Standard Bank Group

Job Description

• To assist with the full implementation of IFRS 17 within Standard Insurance Limited. In particular, to assist with the data preparation and transformation for IFRS 17 purposes.
• To perform monthly calculations of IFRS 17.
• To perform investigations relating to IFRS 17 reports.

Qualifications

• 3-year BSc or BCom with Actuarial majors
• Honours is an advantage
• Member of Actuarial Society of South Africa / Member of the Institute and Faculty of Actuaries. 
• At least 6 exemptions / actuarial exam passes 
• Knowledge of statistics.
• Understanding of insurance business principles. 
• Understanding of balance sheet structures and capital implications.
• Knowledge of actuarial processes and control cycle (reserving, capital modelling).
• Knowledge of the insurance industry and insurance products.
• Knowledge of IFRS 17 and/or IFRS 4.
• Knowledge of the product development process.

Additional Information

Behavioural Competencies

• Exploring Possibilities
• Examining Information
• Interpreting Data
• Interacting with People
• Resolving Conflict

Technical Competencies 

• Computer literacy (Microsoft Office) 
• Specialist actuarial software package skills
• SAS statistical package (preferred), SQL (preferred).
• Actuarial processes and control cycle skills
• Reserving
• Capital modelling
• Analytical skills