Specialist: Actuarial Valuations (Technician) - Menlyn at Assupol

PURPOSE STATEMENT

• To ensure the accuracy and reliability of the products and systems from an actuarial perspective.

MAIN OUTPUTS AND RESPONSIBILITIES FOR THIS POSITION – (Please provide a short description under each heading/output)

• Preparations and validations of the Actuarial data
• Check the completeness of data.
• Preparation and creation of model points through Prophet DCS.
• Perform data checks to ensure data accuracy and completeness.
• Liaise with IT to improve data efficiency.

Perform monthly valuations of liabilities

• Perform monthly valuations of liabilities through Prophet.
• Preparations, compile and analysis of the IFRS & SAM results.

Model review and improvements

• Assists with model developments.
• Assists with basis changes.

Special Projects

• Assists with special projects from management.
• Assists with development and improvements of products.

Provide assistance with the budget

• Assists with the budget runs.

Requirements

KNOWLEDGE AND SKILLS
FORMAL EDUCATION

• Relevant B degree in Actuarial Science and progress with the CT exams

TECHNICAL/

• LEGAL CERTIFICATION N/A

EXPERIENCE    

• 2- 5 years working experience in a Life Insurance Actuarial environment.
• Financial Reporting (Advantage)