Senior Actuarial Analyst at Nedbank

Job Purpose

To provide actuarial solutions to internal and external clients within Nedbank Insurance. The Nedbank Insurance Corporate Actuarial team provides business with a range of services, offering new team members the opportunity to gain experience across a broad range of functions. The key focus of these roles within the team is on enabling Nedbank Insurance to amend and enhance it's forecasting reporting.

Job Responsibilities

• Developing an understanding of the current reporting processes (Forecasting)

• Prototyping solutions to meet the standard requirements.

• Implement the relevant solutions.

• In carrying out these responsibilities, team members interact with the Nedbank Insurance Finance (actuarial and accounting) team, as well as members of the broader Nedbank Group involved in forecasting projects.

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

Bachelor of Commerce , Bachelor of Science

Essential Certifications

Preferred Certifications

Type of Exposure

• Comparing two or more sets of information" "Working with a group to identify alternative solutions to a problem

• Completing various administrative duties (e.g. Naming conventions; files and folder maintenance; data management)

• Managing conflict situations

• Comparing two or more sets of information

• Communicating internally and external

• Capturing data

• Checking accuracy of documentation and records

• Building and maintaining effectiv3e relationships with internal and external clients

• Managing customer expectations

• Working in a team

• Working in a fast-paced environment

Minimum Experience Level

• 3 - 6 years in the Actuarial field - preferably in either the short-term or the long-term industry, specifically in SAM, SVM, IFRS or EV reporting.

• Prophet, DCS, ResQ or R experience will be an advantage.

Technical / Professional Knowledge

• Administrative procedures and systems

• Banking knowledge

• Business principles

• Business terms and definitions

• Data analysis

• Governance, Risk and Controls

• Microsoft Office

• Nedbank culture and values

• Nedbank vision and strategy

• Relevant software and systems knowledge

• Business writing skills

Behavioural Competencies

• Adaptability

• Applied Learning

• Communication

• Collaborating

• Innovation

• Work Standards