Jobs Available at South African Reserve Bank

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Provide actuarial support concerning both solo and group entities, this includes but is not limited to the following: 
• scrutinising the financial soundness of life/non-life insurers; 
• participation in on-site visits to life/non-life insurers; and 
• the consideration of internal model approvals.
• Scrutinise and check the compliance of submissions by life/non-life insurers’ actuaries.
• Assist in maintaining the statutory returns required by regulated entities.
• Participate in projects initiated within the PA and industry forums.
• Develop and test systems and procedures for internal use.
• Maintain and upgrade databases.
• Participate in and execute projects initiated within industry forums.
• Transfer knowledge and skills to stakeholders, both inside and outside of the PA.

Qualifications

To be considered for this position, candidates must be in possession of:

• have a relevant Postgraduate qualification degree in Actuarial Science;
• be actively pursuing studies and ideally have passed or been exempted from at least two A-series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; and
• 0 – 2 years’ relevant working experience, preferably in the life/non-life insurance industry.

The following would be an added advantage:

• good communication (verbal and written) skills;
• ability to perform under pressure without compromising quality;
• ability to work independently and within a team;
• good interpersonal skills; and
• proactive problem-solving skills.

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Detailed description

The successful candidate will be responsible for the following key performance areas:

• Guide and facilitate strategic HR processes such as performance management, organisation development, talent management, leadership development, diversity, workforce planning and succession planning within client departments.
• Manage end-to-end recruitment for roles at all levels, to attract and hire top talent. 
• Guide and facilitate the end-to-end Performance Management (PM) process as well as provide training to client departments where necessary.
• Support the implementation of talent development plans to enhance capabilities and oversee succession planning to ensure a pipeline of future talent.
• Facilitate the job analysis and profiling process within functions of the client department, for the purpose of design or redesign of functional structures and jobs in line with organisational requirements. 
• Provide guidance in relation to Rewards in line with relevant policies and guidelines.
• Facilitate Employee Relations (ER) matters of varying complexity to conclusion, pre-empt and mitigate related risk.
• Champion and apply change management principles in implementing HR interventions and foster a positive and inclusive organisational culture within the client departments. 
• Facilitate the implementation of HR policies, processes and procedures, create awareness as needed, and ensure compliance thereof. 
• Collaborate with leaders to understand their strategic objectives and challenges and develop and implement HR strategies that align these objectives.
• Ensure fair and consistent application of people management practices within client departments.
• Identify emerging HR trends and potential risks and advise on the potential impact on the business as well as provide input into action plans to address emergent issues.
• Gather relevant HR data, analyse it, and leverage insights to inform decision-making through reporting.

Qualifications

Job requirements

To be considered for this position, candidates must be in possession of:

• A minimum of a B degree (NQF 7) in Human Resources Management/Social Sciences/Business Administration OR any other relevant qualification
• A minimum of 5 – 8 years of experience in Human Resources Management 

Additional requirements include:

• Industry, organisational and business awareness knowledge and skill 
• HR strategy knowledge and skill
• Organisational design knowledge and skill
• HR transformation knowledge and skill
• Change management knowledge and skill
• Talent planning and acquisition knowledge and skill
• Reward and recognition knowledge and skill
• Employee relations knowledge and skill
• HR reporting knowledge and skill