Role Purpose
The role holder will provide actuarial modelling and reporting in IFRS17, solvency, risk capital, management and financial reporting, regulatory compliance, product development & profit-testing.
Main Responsibilities
- Actuarial reporting for financial & regulatory compliance: Including IFRS17 modelling, actuarial reserving, Risk Based Capital reports
- Actuarial experience analyses: mortality investigations; persistency; expenses; investment returns; analysis of change
- Analysis of surplus, value of new business, embedded value & asset liability management valuations
- Projections and Budgeting: Projected modelling for budget financial statements & strategic planning
- Actuarial risk technical modelling and use of internal models
- Product Development: Pricing, profit testing, system set-up
- Perform other duties as may be assigned from time to time.
Academic Qualifications
- BSc. Actuarial Science or Statistics or Mathematics, or equivalent with strong mathematical proficiency
- Professional actuarial exams progress – Minimum 4 exams with recognized body such as IFOA, SOA
Key Competencies
- Ability to interpret complex data and conduct actuarial analysis.
- Actuarial modelling skills: Proficiency in actuarial modelling using Excel, VBA, actuarial software.
- Experience in IFRS17 modelling and reporting.
- Actuarial technical expertise: Practical implementation of core actuarial principles in life insurance.
Relevant Experience
- Minimum of two (2) years relevant experience in an actuarial role involving life insurance actuarial & IFRS17 valuations.
If you are qualified and seeking an exciting new challenge, please apply via [email protected] quoting the Job Reference Number and Position by 5th August 2024.
Only shortlisted candidates will be contacted.