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  • Posted: Oct 31, 2024
    Deadline: Not specified
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  • Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries.


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    Intermediate Actuarial Specialist – New Entrant

    Job Description

    • An exciting opportunity exists within the Personal Finance Actuarial team. Personal Finance is one of the largest segments in OML and our people are at the heart of everything we do. Our leaders have a wealth of knowledge and experience and are passionate about mentoring and imparting knowledge. Our high-performance team culture is based on respect and embracing your uniqueness. 
    • The successful candidate will have an excellent opportunity to develop their technical and analytical skill. Particularly playing a key role in producing Financial, Capital and Risk reporting output for Published and Regulatory Reporting, business planning as well as providing insights to the business.
    • This role will provide the opportunity to develop in-depth knowledge of OML products and the embedment of IFRS17 reporting, as well as the opportunity to learn cutting edge data management tools.  The position will further offer regular opportunities to engage with and present results and outcomes to various stakeholders and management at a senior level.

    Key Result Areas

    • Finance & Risk Reporting, Capital and business insights:  Performing and reviewing regular quarterly valuations (IFRS17) for financial reporting and submissions to the regulator
    • Development of new data processes: Assist with the implementation of the actuarial data process and enablement of business insight capabilities
    • Process and model improvement:  Critically Reviewing current processes and actuarial models with a view of continuous improvement
    • Projects: Support the delivery of relevant projects objectives as and when these arise
    • Collaboration and Business Insights:  Extract insights and understand the drivers of key financial metrics for business consideration.  Effectively collaborate with business and other specialized areas such as Accounting, Product Development and Balance Sheet Management

    Requirements: Skills, Qualifications and Experience required

    • Actuarial student with 7 exam credits and above
    • Strong technical skills
    • Strong detail orientation coupled with the ability to see the “big picture”
    • Interest in financial modelling software
    • Key behavioral skills and attributes required to fulfill this role: 
    • Self-motivated and energetic individuals who enjoy the challenge of tackling complex issues
    • Ability to communicate effectively to diverse technical and non-technical audiences (written and verbal)        
    • Ability to complete tasks within agreed timelines and drive projects to completion with minimal guidance
    • Ability to plan and prioritise
    • High level of accountability
    • Willing to learn and grow
    • The incumbent will have an added advantage if he/she has the set skills listed below
    • Knowledge of IFRS and Regulatory Solvency valuations
    • Prophet experience
    • SQL and Python programming skills
    • Advanced MS Excel skills
    • Please note that the appointments may be made at a lower role size depending on the successful candidates’ experience.

    Competencies

    • Strategic
    • Innovation
    • Leading with Influence
    • Collaboration
    • Customer First
    • Personal Mastery

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Old Mutual on oldmutual.wd3.myworkdayjobs.com to apply

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