Senior Actuarial Analyst

Global financial services group is looking for a Senior Actuarial Analyst to join the team in Johannesburg.

The Senior Actuarial Analyst will be responsible for management of all insurance related risks, optimization of the reinsurance structure and technical support to business units, as well as assisting with the implementation of the Solvency Assessment and Management (SAM) regulatory requirements.

Skills and experience required:

• Bachelor’s Degree in Actuarial Science.

• CT and CA series of exams.

• 3 Years experience in a similar position.

• Short-term insurance experience is preferred.

• Experience with SQL is required.

• Experience with reserving will be advantageous.

• Knowledge of ResQ, R or VBA will be advantageous.

Responsibilities will include, but are not limited to:

• Calculation of technical provisions on US GAAP, local IFRS and regulatory bases.

• Calculation of regulatory insurance risk capital requirements, including validation of the models used.

• Calculate loss ratios for use in budgets.

• Responsible for the development of processes, procedures and metrics to enable the business to monitor, assess and control the regulatory requirements.

• Investigate and model alternative reinsurance structures.

• Review new products.

• Assess portfolio and profitability analysis needs with the business and develop processes and tools to meet these requirements.

To apply for this position, send your CV to cv@cv-consulting.co.za, reference “Actuarial analyst”

#Finance