Actuarial Specialist

Hire Resolve; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A specialist insurance company in Johannesburg seeks an Actuarial Specialist to join their small actuarial team. The successful candidate will implement the actuarial control function, manage technical provisions, and develop regulatory models. Ideal applicants should have at least 3 years of insurance experience and be making progress with actuarial exams. Strong analytical, communication, and Excel skills are essential for this role that emphasizes effective decision-making and problem-solving.

Qualifications

• Good progress with actuarial exams required.
• Minimum 3 years of insurance-related experience.
• Knowledge of applicable legislation and regulatory environment.

Responsibilities

• Calculate and manage technical provisions.
• Implement regulatory and economic capital models.
• Develop and maintain actuarial models.
• Conduct ORSA and Risk Appetite assessments.
• Structure reinsurance arrangements.
• Perform statistical analyses on data.
• Lead ad-hoc actuarial projects.

Skills

Actuarial exams progress

Insurance experience

Regulatory knowledge

Decision making

Problem solving

Analytical ability

Effective communication

Excel skills

Job description

Hire Resolve's Client, a specialist cell captive insurance Company is looking for an Actuarial Specialist to join their team in Johannesburg. The ideal candidate will join a small actuarial team that is responsible for implementing the actuarial control function across the licenses and provides actuarial services to departments within the company.

The position will report to the Head: Corporate Actuarial and will assist with the following:

• Calculation and management of technical provisions
• Calculation and management of the regulatory and economic capital models
• Development and maintenance of actuarial models
• ORSA and Risk Appetite
• Reinsurance structuring
• Perform actuarial/statistical analyses on data
• Ad-hoc actuarial project

Key Requirements

• Making good progress with actuarial exams
• At least 3 years of insurance experience
• Knowledge of regulatory environment and applicable legislation

Competencies

• Decision making, problem solving and analytical ability
• Gathering and handling of information
• Effectiveness and efficiency in performing tasks
• Deadline driven and ability to work under pressure
• Energetic and resilient
• Good communication and interpersonal skills
• Ability to prioritise and manage multiple deadlines
• Above average excel skills, attention to details and efficient

If you meet the above requirements and want to make a career-changing move, apply today by either filling in the online application form or emailing your CV to Hire Resolve [e-mail]

You are also welcome to contact Michaela Boustred on LinkedIn or call her on 021 551 8638.

Please note that correspondence will only be conducted with shortlisted candidates for this position. Should you not hear from us within 3 days, please consider your application unsuccessful.