Job Description

Analyst: Corporate Actuarial Finance
Pretoria

Analyst: Corporate Actuarial Pretoria - Permanent Salary: R579 259.00 pa

Purpose of the Job:

The Analyst: Corporate Actuarial is responsible to support the Manager to manage and provide actuarial service advice to the Company business.

Key Performance Areas

Valuation of outstanding claims provisions

• Assist in valuation of outstanding claims provisions.
• Assist with producing the valuation report.

Development and management of Funding Model

• Assist development and management of Funding Model.
• Data manipulation to state of quotation of loss of earnings or loss of support benefits especially the model input.
• Running model and reporting on results.

Accident data management and forecasting

• Assist in accident data capturing, analysis and reporting from different sources.
• Assist in developing models to forecast the number of accidents.
• Assist in producing the accident forecasting report.

Loss of income calculations

• Assisting with calculations and checking the quotation results actuarially for reasonability

Assist with monthly claims statistics for regions and management.

• Extracting data and data reports from IT claim system(s).
• Assist with report compilations as and when required.

Assist with Actuarial reports to FSB.

• Assist with FSB Actuarial reports.
• Assist management with calculations.

Actuarial investigations

• Assist with investigating the mortality and morbidity experience to help in setting the quotation of loss of earnings and loss of support benefits, statistical and regression analysis.
• Calculate reinsurance recoveries based on treaty terms.

Reporting

• Ensure regular and periodic reports are sent to the Senior Analyst for review and submitted as and when required to provide progress updates and/or inform management decisions.
• Maintenance and storage of proposals, briefings, presentations, reports, and other documentation and providing management information both verbally and in report format.

Stakeholder Management

• Assist with maintaining proactive and progressive relationships with key Stakeholders.
• Aid in the maintenance of relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.
• Assist with presentation of data findings in an easy-to-read and understood format.

Continuous improvement & innovation

• Research industry best practice/innovations and identify where technology can be utilised in systems and processes.
• Understand job specific tasks and their requirements.

• Qualifications and Experience
• Bachelors Degree/ Advanced Diploma in Actuarial Science/Mathematics related qualification.
• Relevant 4 years experience in an Actuarial environment.

Technical, Managerial, and behavioural competencies required.

• Planning, Organising and Coordinating
• Personal Mastery
• Judgement and Decision Making
• Ethics and Values
• Client Service Orientation
• Excellent verbal and written communication skills.
• Strong Microsoft Excel, Access, and MS Word skills.
• Complex problem identification, solving and decision making.
• Sound actuarial judgment.
• Strong technical background in reserving/valuations.
• Independent and creative analysis of business results
• Excellent analytical, problem solving & data manipulation skills.

Should you not hear from us within 14 days, please consider your application unsuccessful.

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