Specialist: Actuarial (Preliminary) at Liberty Group South Africa

Purpose

As an Actuarial Specialist you will be required to support the Liberty Africa Insurance Actuarial department by performing actuarial related work in the actuarial valuations and analytics area.

Key Responsibilities

• Performing actuarial valuation work covering Data checks and actuarial modelling work.
• Performing the calculation of Reserves, VNB, EV, Economic Capital stresses and Solvency as part of the regular actuarial reporting function including regulatory reporting
• Monitoring and reporting insights observed from experience monitoring and feeding this work into the business and into assumption setting.
• Performing budget modelling, reinsurance optimisation and other risk modelling work as required by the business from time to time
• Supporting senior Actuarial and Finance staff with value analysis work e.g. Analysis of Surplus, Analysis of Embedded value work and in drafting the actuarial valuation reports.
• Performing actuarial valuations and reporting under various bases including SAM and IFRS17.

Minimum Experience

• At least 1 - 5 years working experience, in a Life Insurance Actuarial environment.
• Actuarial Science techniques, calculations, principles and professional guidelines.
• Experience working with advanced Microsoft Excel, R and BasyF.

Minimum Qualifications

• Actuarial science degree with completion of at least 4 Actuarial subjects (towards qualification).