Manager, Technical Actuarial at Standard Bank Group

Job Description

• The role offers the opportunity for the successful candidate to contribute to the development and implementation of IFRS 17 for SIL. 
• The candidate will also be responsible for and improving and maintaining the quality of technical actuarial work that is produced within Actuarial Services. 
• The role also extends to ensuring all data requirements for IFRS 17 and new systems implementations are implemented.  
• The role will involve interacting with key stakeholders within the Standard Bank Group (SBG).
• The successful candidate will form part of the Actuarial Team - a team overseen by the SIL: Head of Actuarial Services.
• The candidate will also be required to manage a team.

Qualifications

Minimum Qualifications

• Nearly/Newly Qualified Actuary with at least 5 years’ experience in a complex insurance environment

Experience Required

• Insurance
• Understanding of short-term insurance business principles
• Working knowledge of IFRS 17, preferably with implementation experience
• SAM experience would be beneficial. 
• Understanding of data mining and data enrichment for IFRS 17 financial reporting
• Extensive knowledge of Risk Integrity for IFRS 17 software.
• Understanding of Alteryx. 
• Managing an actuarial team.

Behavioral Competencies:

• Adopting Practical Approaches
• Challenging Ideas
• Checking Details
• Developing Expertise
• Documenting Facts
• Empowering Individuals
• Exploring Possibilities
• Interacting with People
• Interpreting Data
• Making Decisions
• Providing Insights
• Team Working

Technical Competencies:

• Analysing Insurable Risk
• Insurance Principles
• Insurance Products & Services
• Risk/ Reward Thinking
• Statistical & Mathematical Analysis
• Underwriting and Pricing Risk