Overall job purpose
To provide specialist actuarial support that enables sound commercial advice through the application of probability and investment theory and related statistical tools and the execution of predefined objectives as per agreed standard operating procedures to support sound management of business performance and financial risk
Job Description
Key Accountabilities
Perform advanced actuarial production processes under general supervision to support sound management of business performance and financial risk.
Processes may include:
Analytics and financial reporting (to ensure accurate financial reporting and support management decision making):
preparation and analysis of data as inputs to actuarial calculations such as reserving
production of management information
production of experience analyses as an input for basis setting / pricing exercises
production of actuarial exercises such as reserving, capital, and pricing
Product development and management (to enable business performance and drive customer value):
production of competitor research (and understanding of the landscape) and technical product analysis as inputs to product design
creating basic product design, formulation of product specifications and implementing product enhancements
Running models (to ensure accurate financial reporting and support management decision making) at an advanced level:
for inputs to processes such as reserving, capital, pricing or business case modelling
development of and maintenance of advanced spreadsheet models
development of and maintenance of actuarial open platform software models
Management of stakeholders (to enable alignment and efficient delivery of business objectives) through coordinating activities; planning deliverables; and tracking and reporting progress
Qualifications
Bachelor’s degree in actuarial, Physical, Mathematical, Computer and Life Sciences
At least 5 years of experience in a similar role.
At least 8 professional exams from either SOA, IFOA or any other recognized actuarial body.
Closing date: 20 May 2022
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