Job Expired
Actuarial Specialist Valuations – JHB needed at Hollard Insurance
Job title : Actuarial Specialist Valuations – JHB
Job Location : Gauteng, Johannesburg
Deadline : April 28, 2024
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Required Knowledge and Experience
- Minimum of 5 years valuations experience in the life insurance industry
- Strong technical knowledge including a good Understanding of the different life insurance valuation methodologies (e.g. published, statutory, etc.) and reporting requirements applicable to life insurance companies
- Understanding of life insurance financial reporting, systems and requirements
- Strong analytical skills
- Sound verbal and written communication
- ALGO Financial modelling (or similar e.g Prophet) will be an advantage
- Advanced Excel (including VBA)
- SQL Experience
- Microsoft Access experience
- Good leadership skills
- Ability to take ownership of their tasks
- Ability to work independently and accurately
- Ability to understand the urgency or importance of various tasks, with the ability to prioritise these
- Ability to work well within a team environment and guide junior members of the team
- Perform policyholder liability calculations on published or IFRS liabilities on both a discounted and non-discounted cash flow methods
- Calculation and analysis of the value of in-force business
- Calculation and analysis of value of new business calculations
- Assist in the production of valuation reports
- Assist in producing annual Budget and Forecast projections
- Provide insights to the business units based on the valuation results and ongoing monitoring of experience
- Consolidate valuation results provided by the team
- Automation and streamlining of reporting processes
- Compiling of movement reconciliations
- Performing lapse, mortality and expense investigations
- Review of the above tasks performed by other team members.
- Analysis of Surplus / Profit
- Manage adhoc tasks and duties to enable and improve own deliverables and tasks as well as to manage stakeholder expectations
- Develop and co-ordinate implementation of standardised valuation and reporting processes.
- Ensure that all actuarial processes are performed as efficiently as possible and arecompliant with the current risk control and actuarial governance procedures.
Educational Requirements
- Actuarial tertiary qualification
- Completion of A100 and A200 exams with the aim to complete all exams within a
- defined period.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
- This job has expired!