Actuarial Risk Analyst

Hire Resolve; Durban; On-site; ZAR 450,000 - 600,000; Full time

Job summary

An esteemed company in La Lucia, KwaZulu-Natal is looking for an experienced Actuarial Risk Analyst to contribute to valuations, risk management, and product development. The role demands a solid educational background in Mathematics, Statistics or Actuarial Science, coupled with at least 2 years of industry experience. Ideal candidates are analytical, detail-oriented, and skilled in communication, with progress in Actuarial Exams being essential.

Qualifications

• At least 2 years experience in one or more actuarial areas.
• Progress with the Actuarial Exams is required.
• IFRS17 experience is advantageous.

Responsibilities

• Complete Monthly, Quarterly and Annual valuations according to IFRS and SAM requirements.
• Assist with IFRS 17 development and implementation.
• Maintain and update models and produce management information reports.

Skills

Analytical

Attention to detail

Communication

Adaptability

Education

Mathematics, Statistics or Actuarial Science Degree

Job description

An industry-leading company situated in La Lucia, KwaZulu-Natal is currently seeking the expertise of an experienced Actuarial Risk Analyst to join their team.

The role will provide exposure to valuations, Solvency Assessment and Management (SAM), reporting, budgeting, product development and pricing, risk and reinsurance management and other actuarial areas.

Focus Areas

You will be involved in a wide range of areas, including :

• Completion of Monthly, Quarterly and Annual valuations according to the IFRS and SAM requirements
• Assisting with IFRS 17 development and implementation
• Assisting with the Annual Own Risk and Solvency Assessment (ORSA) process
• Maintaining and updating models (Prophet and other macros)
• Developing and pricing new / updated products and ongoing maintenance
• Producing management information reports for circulation to senior management
• Assisting with the setting and reviewing of Risk registers and Risk Appetite Statements
• Calculations and reporting required in terms of the different reinsurance treaties
• Assisting with the experience investigations and assumption setting for valuation purposes
• Completing the Conduct of Business Returns (CBRs)
• Assisting with the actuarial components of the annual budget process
• Other ad-hoc items

What do you need?

Required

• Mathematics, Statistics or Actuarial Science Degree
• At least 2 years experience in one or more of the focus areas
• Progress with the Actuarial Exams

Advantage

• IFRS17 experience

The role would suit you if you are…

• Analytical, ambitious and loves to get involved in a range of different tasks
• Comfortable engaging and communicating with people from different departments, and different seniority levels as well as external partners
• Accurate, pay attention to detail and take accountability for your work
• Creative, adaptable, innovative and delivery focused
• Pragmatic in your application of theoretical results

Hire Resolve is a top-tier recruitment firm that focuses on placing skilled professionals in permanent employment.

Hire Resolve focuses on working with senior-level executives and we pride ourselves on delivering excellent service to our candidates and clients.

• Our client is offering a highly competitive salary for this role based on experience.

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