Actuarial Specialist Systems

JVR Software; Johannesburg; On-site; ZAR 900,000 - 1,200,000; Full time

Job summary

JVR Software, a Johannesburg-based insurance company, is seeking an Actuarial Systems Specialist to ensure the accuracy and reliability of actuarial products and systems. The role focuses on maintaining system performance and ensuring regulatory compliance.

You will oversee the system environment, support valuations, contribute to product development, and collaborate with stakeholders on model development and data processing integrations.

Qualifications

• Bachelor's degree in actuarial sciences
• IFRS17 knowledge is highly beneficial
• A100/A200 exams completed (essential)
• Life insurance experience
• Knowledge of LTIA legislation

Responsibilities

• Oversee and control of the system environment.
• Enhancement of control environment.
• Provide valuation system support to various stakeholders.
• Development and testing of new products in the actuarial system.
• Support model development and analysis across actuarial initiatives affecting liability, capital valuations, embedded value and business planning.
• Modify data processes (DCS or SQL) to maintain system integrations with model changes.

Skills

Actuarial systems thinking

People management

Communication skills

Conflict management

Data management

Model management

Attention to detail

Database design

Data integration

Education

Actuarial degree

IFRS17 knowledge

A100/A200 exams

Tools

SQL

DCS

Job description

A leading Insurance Company is looking for an Actuarial Systems Specialist to join the team!

The successful candidate will be responsible for ensuring the accuracy and reliability of both the products and systems from an actuarial perspective. You will also be responsible for maintaining optimal system accuracy and performance from a functionality and values perspective.

Key Responsibilities

• Oversee and controlling of thesystemsenvironment.
• Enhancementofcontrolenvironment
• GiveValuationsystemsupporttovariousstakeholders.
• DevelopmentandtestingofnewproductsintheActuarialsystem.
• ProvideprofessionalinputandsupporttotheGroup.
• Supportmodeldevelopmentandanalysisacrossanumberofactuarialinitiativesthatimpact functionssuchasliabilityandcapitalvaluations,embeddedvalueandbusinessplanning.
• Modifydataprocesses(DCSorSQL)tomaintainsystemintegrationswithmodel changes

Key Skills

• Abilitytoworkonawiderangeofdeliverablesatonce.
• People Management
• StrongCommunicationSkills
• ConflictManagement
• Experiencedesigningandmanagingdatabaseshighlyadvantageous.
• PerformanceManagement
• Abilitytogatherawiderangeofinformation,filterandthenuseinmakingsoundandbalanceddecisions
• Adeepknowledgeandexperiencesystemsthinking
• Highlevelsofenergy,drive,creativity,andcommitment
• Attention to detail.

Minimum Requirements

• Bachelors degree in actuarial sciences
• Good Knowledge of Legislation LTIA
• Knowledgeable on the ASSA Code of ConductMinimum 3 Years of Actuarial Experience in Systems
• Expert in Data and Model Management
• Life Insurance Experience
• IFRS17 Knowledge (Highly Beneficial)
• All A100 A200 series technical Exams to be completed (Essential)