Senior Actuarial Specialist

SUMMARY:
An Exciting Opportunity for Actuaries: Join a Top Life Team in Cape Town! Are you a nearly or newly qualified Actuary eager to advance your career?

POSITION INFO:
Our client is seeking a skilled professional to join their esteemed Life team in Cape Town. This role offers an exceptional mix of technical actuarial duties and commercial exposure. You will play a pivotal role in consolidating valuation results, generating insightful business analyses, and presenting key findings to senior management.

Key Responsibilities:

• Valuation Analysis: Conduct detailed analysis and consolidation of Embedded Value (EV) results, preparing thorough reports.
• Financial Reporting: Evaluate and report on financial performance, including profit and new business flows.
• Documentation: Maintain and update valuation basis reports, ensuring precision in monthly pricing.
• Cash Flow & Sensitivity: Oversee monthly cash flows and EV sensitivities, and assess new business value.
• Profit Reporting: Develop and consolidate profit reports for the Retail Affluent sector.
• Auditor Interaction: Supply essential information to both internal and external auditors.
• IFRS17 Reporting: Implement and interpret reporting processes in line with IFRS17 standards.
• Ad Hoc Tasks: Produce management reports and tackle various investigative tasks as needed.

• Education: Nearly qualified or recently qualified Actuary with a BSc in Actuarial Science or a related field.
• Experience: 3-5 years of pertinent experience in actuarial reporting.
• Skills: Proficiency with actuarial reporting standards, including IFRS, EV, VNB, and SAM bases.