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.

Additional Information

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