Junior Actuarial Analyst at Nedbank

Job Purpose

• To provide actuarial solutions to internal and external clients within the Life and/or Non-Life Corporate Actuarial team, in line with Nedbank’s Client Value Proposition. 

Job Responsibilities

• Completion of monthly IFRS reserving results for the individual licences. 
• Completion of quarterly and annual SAM returns for the individual licences. 
• Investigations of results to identify trends and anomalies. 
• Assisting with basis setting exercises of the individual licences.
• Input and completion of actuarial elements of the individual licences’ ORSA return.
• Input into the annual forecasting process of the licence.
• Assistance with the automation of existing processes in the Corporate Actuarial space to improve efficiency.
• Documentation of existing and new processes. 
• Communication of results to actuarial managers for further action.
• Be an active and engaged member of the actuarial team.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Express ideas or facts clearly in written documentation so that the content is understood by the recipient.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction. 

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce in Actuarial Science, Bachelor of Science in Actuarial Science

Essential Certifications

Preferred Certifications

Minimum Experience Level

• 0 - 1 year experience
• Minimum of 4 exams (ASSA preferred)