+2 more
Clear All Filters
Verified Ad
Head of Corporate Actuarial (Rosebank)
AtripleA recruitment & temps Thursday, 07 November 2024 1Job Summary
Main Purpose:Responsible for the reserving and capital functions across the group: short term-, and life insurance; South Africa and Botswana.
Key Performance Areas:
General
• Accountable for the strategy and operating model of the corporate actuarial department.
• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
• Assist students within the company to pursue local actuarial qualification.
Reserving Specific
• Reserving, reinsurance analysis, or market-facing business units in support of business objectives, and annual IFRS audit.
• With appropriate review and guidance from Management coordinate, prepare, and perform actuarial analyses including and premium projections, consultation on actuarial models, and risk-based capital issues.
• Support finance, market-facing business units, claims, risk, capital management, and other functions on reserving, and strategic business decisions.
Capital Specific
• Capital modelling, data quality, regulatory returns and audits.
• With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including collection of information from various stakeholders across the business.
Business Support Specific
• Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
• Perform data analytics and/or reinsurance analysis.
Relationships:
Internal
• Actuarial business partners
• Underwriting
• Claims
• Finance (FAR and PPM)
• Senior management / executives
External
• Head Actuarial Function
• Auditors (external and internal)
• Underwriting management agency (UMA) partners
• Network of contacts within the actuarial profession
Minimum requirements:
Qualified Fellow actuary (or studying towards the qualification) with strong technical knowledge.
• Ten years of experience in an actuarial environment essentialSelf-motivation and drive
• Professional, enthusiastic, and positive attitude
• Able to meet deadlines and work under pressure
• Strong knowledge of actuarial professional guidance and relevant legislation
• Strong knowledge of financial and accounting practices, financial analysis, and reporting; ability to apply this knowledge appropriately to diverse situations.
• Knowledge of the insurance industry trends, directions, major issues, regulatory considerations, and trendsetters
• Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.
• Knowledge of practices and policies governing disclosure of information about the organisation, its business activities, and employees; ability to apply this knowledge appropriately to diverse situations.
• Proficiency in English with a preference for proficiency in at least one other language
• Effective intermediate oral and written communication, presentation, and interpersonal skills.
• Advanced knowledge of and ability to use spreadsheet software.
• Advanced knowledge of statistical and actuarial tools and techniques and ability to apply modelling processes and techniques to facilitate risk management decisions.
• Advanced knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business
Error!
Success!
You have successfully created your alert.
You will receive an email when a new job matching your criteria is posted.
Please check your email. It looks like you haven't verified your account yet. Here's what you're missing out on:
- Response from employers
- Being able to log in and update your profile
- Apply for more jobs
Didn't receive the link? Resend Verification Link