Senior Actuarial Analyst (Life)

Boardroom Appointments; Sandton; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

Boardroom Appointments is seeking a Senior Actuarial Analyst (Life) to lead IFRS reserve model work, maintain SAM SCR and technical provisions for clients, and contribute to ORSA processes.

The ideal candidate holds a Bachelor's in Actuarial Science, is progressing toward Fellowship, and has 3–6 years in life insurance, with strong Excel/Word skills and knowledge of Prophet, DCS, and SQL.

Qualifications

• Bachelor's degree in Actuarial Science or a related field.
• Significant progress towards becoming a Fellow of an accredited actuarial body.
• 3-6 years of experience within the life insurance industry.

Responsibilities

• Manage models for IFRS reserve calculations for assigned cell clients.
• Maintain models for SAM SCR and Technical Provisions for allocated clients.
• Contribute to the ORSA process for designated client accounts.
• Consult with clients on balance sheet management and provide actionable insights.
• Assist with regulatory return preparation and address related inquiries.
• Collaborate with internal and external stakeholders to ensure deliverables are met.
• Enhance BSM Life software and streamline processes through automation.
• Participate in IFRS 17 implementation as part of a cross-functional project team.
• Offer thought leadership and mentorship within the actuarial specialist team.

Skills

Problem-solving

Deadline management

Communication skills

Analytical thinking

Team collaboration

Education

Bachelor's degree in Actuarial Science

Fellowship progress (actuarial body)

Tools

MS Excel

MS Word

Prophet

DCS

SQL

Job description

About the job Senior Actuarial Analyst (Life)

Senior Actuarial Analyst (Life)
Qualifications and Experience:

• Bachelors degree in Actuarial Science or a related field.
• Significant progress towards becoming a Fellow of an accredited actuarial body.
• 3-6 years of experience within the life insurance industry.

Core Skills and Competencies:

• Strong passion for problem-solving and tackling complex challenges.
• Proven ability to meet deadlines and maintain accuracy under pressure.
• Proficiency in MS Office, particularly Excel and Word.
• Familiarity with IT tools such as Prophet, DCS, and SQL (an advantage).
• Eagerness to enhance technical expertise in information technology.
• Experience with life valuations and SAM reporting (advantageous).
• A quick learner with a proactive and independent approach.
• Excellent written and verbal communication skills.
• Strong interpersonal skills and a collaborative mindset.
• Advanced analytical and critical thinking abilities.

Key Responsibilities:

• Manage models for IFRS reserve calculations for assigned cell clients.
• Maintain models for SAM SCR and Technical Provisions for allocated clients.
• Contribute to the ORSA process for designated client accounts.
• Consult with clients on balance sheet management and provide actionable insights.
• Assist with regulatory return preparation and address related inquiries.
• Collaborate with internal and external stakeholders to ensure deliverables are met.
• Enhance BSM Life software and streamline processes through automation.
• Participate in IFRS 17 implementation as part of a cross-functional project team.
• Offer thought leadership and mentorship within the actuarial specialist team.