Job Description

Closing Date 2024/02/29
Reference Number MMH230824-24
Enquiries poloko.naile@mmltd.co.za
Referral Platform URL
Job Title Actuarial Analyst
Position Type Permanent
Role Family Actuarial
Cluster Group Finance
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply(wellness and rewards programme), and our other specialist brands, includingGuardrisk and Eris Property Group, the group enables business and people from allwalks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for thefuture. We help companies and organisations care for and reward their employeesand members. Through our own network of advisers or via independent brokers andutilising new platforms Momentum Metropolitan provides practical financialsolutions for people, communities and businesses. Visit us at www.momentummetropolitan.co.za.
Role Purpose

The Centurion Corporate Actuarial function is looking for an actuarial student to join one of its teams responsible for the valuation of legacy universal and conventional products. This book of business consists mostly of universal life and reversionary smooth bonus business and is closed to new business.

The role will require data processing and validation for use in the valuation models, and involvement in the various Corporate Actuarial functions of earnings and regulatory reporting. The candidate will also be responsible for assisting with streamlining and automation of processes.
Requirements

• A graduate degree in Actuarial Science or related degree, with the intention of completing the professional Actuarial exams.

• Progress with the A100 and A200 series (CT series) exams.

• Experience in Excel and SQL will be advantageous.

• Up to 2 years' experience in an actuarial environment.

Duties & Responsibilities

• Create and validate monthly and ad-hoc data extracts used for valuations and reporting.

• Analyse historic experience for the purpose of setting valuation bases and improving forecast results.

• Run monthly reporting and valuation processes.

• Provide input for quarterly financial valuations on the various reporting bases.

• Involvement in the analysis and presentation of quarterly earnings and valuation results.

• Interact with business units regarding results produced.

• Provide analysis support to business and management.

• Ad-hoc investigations and reporting to management.

• Identify opportunities to automate and continuously improve the data and reporting processes.

• Work with actuarial modelling software.

Competencies

• Excellent problem solving and analytical skills

• Ability to work under pressure and meet deadlines

• Delivering results and meeting expectations

• Good verbal and written communication skills

• Ability to work with people but also independently

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Metropolitan