Senior Actuarial Specialist

SUMMARY:
Join Our Client’s Esteemed Life Team – Actuarial Role in Cape Town.

POSITION INFO:
Are you ready to bring your actuarial expertise to a team where technical skill meets commercial strategy? Our client is seeking a highly skilled professional to join their Life team in Cape Town.

This role offers the opportunity to work on complex actuarial projects while delivering key business insights to senior management.

Key Responsibilities:

• Valuation Analysis: Perform in-depth analysis and consolidate Embedded Value (EV) results, producing comprehensive reports.
• Financial Reporting: Assess and report on financial performance, including profit and new business flows.
• Documentation: Ensure accuracy in maintaining and updating valuation basis reports, especially for monthly pricing.
• Cash Flow & Sensitivity: Manage monthly cash flows, oversee EV sensitivities, and evaluate new business value.
• Profit Reporting: Develop and consolidate profit reports for the Retail Affluent sector.
• Auditor Interaction: Provide critical information for both internal and external audits.
• IFRS17 Reporting: Lead the implementation and interpretation of IFRS17 reporting standards.
• Ad Hoc Projects: Generate management reports and handle investigative tasks as they arise.

• Education: Nearly or newly qualified Actuary with a BSc in Actuarial Science or related discipline.
• Experience: 3-5 years of experience in actuarial reporting, with exposure to IFRS, EV, VNB, and SAM bases.
• Skills: Strong understanding of actuarial reporting standards, valuation methodologies, and financial modeling.