Job Details

Actuarial Analyst

About

Description

This role will involve supporting the non-life insurance reserving function that is responsible for calculating the reserves of Hollard’s two short-term insurance licences and providing performance insights to the business. This role will include but is not limited to providing monthly IBNR valuation results while monitoring the actual experience compared to the expected experience. The role is responsible for IFRS 17 deliverables, including delivering results using the Premium Allocation Approach. The reserving function provides the published valuation results and collaborates regularly with the finance team. Opportunities will arise to liaise with the short-term insurance capital team in the quest to develop solutions that are holistic. The role will also communicate across the wider actuarial team, business and finance stakeholders, so would involve building sound working relationships. Communicating results and adding value to supported business areas will be integral.

Responsibilities

  • Collection, conversion and checks on data Compiling of data movement reconciliations and performing investigations Calculating actuarial reserves Performing actual versus expected experience monitoring Competitor analysis investigations Analysis of loss ratios and other profit drivers Involved in producing and providing insight on annual budgets, forecasting and ongoing monitoring of experience within the supported business Consolidation of results and the calculation of various profit or performance metrics Manage ad hoc tasks and duties to enable and improve own deliverables and tasks as well as to manage stakeholder expectations

Qualifications

  • Actuarial degree or honours degree 5 – 8 actuarial subjects No industry working experience required, however some experience would be preferred

Application instructions:

  • Click on the green button to apply

Hiring organization

Hiring organization image

Hollard

Employment Type: job

Job Location: Parktown

Base Salary:

Closing Date:

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