Senior Actuarial Specialist - Johannesburg at Hollard Insurance

Job Advert Summary    
To calculate the capital requirements and solvency position of the non-life insurance business, and submit the relevant regulatory returns on a quarterly basis. Responsible for maintaining and improving the robustness of the capital calculation and reporting processes, and supporting the business with requests regarding the solvency implications of business ventures.

Required Knowledge and Experience    

• Calculation of the Solvency Capital Requirements
• Projection of the solvency positions
• Completion of the statutory returns
• Calculation of the return on capital, and reporting to business stakeholders
• Maintaining the internal model and calculating the economic capital requirement
• Assist with solvency-related input to the ORSA
• Provide inputs to the HAF
• Assist with capital optimisation
• Assess the solvency implications of new projects and business ventures
• Reporting to internal committees
• Knowledge of the prudential standards
• Excellent Excel skills
• Programming experience would be beneficial, particularly in:
• Remetrica
• VBA
• SQL
• Accuracy, quality and deadline driven

Educational Requirements    

• Relevant Degree
• Minimum 3 Years short-term actuarial experience
• Passed 13 - 15 actuarial exams