Junior Actuarial Analyst

About

Description

Be a part of our business that is growing its footprint across Africa. Old Mutual is an insurance giant in Africa, with life insurance entities currently established in Namibia, eSwatini, Zimbabwe, Ghana, Botswana, Malawi, Kenya and Uganda. Our expanding emerging market footprint includes operations not only in the rest of Africa, but also in Asia and represents a vast network of opportunity for innovative, creative and motivated individuals to benefit from while they gather unmatched professional experience on the way to becoming a leader in our business.

Responsibilities

• Ensure that valuation results (IFRS17 profits, Embedded Value and Value of New Business) are produced accurately, within agreed deadlines and with appropriate supporting commentary
• Ensure timely and accurate delivery of capital numbers covering both in-country regulatory capital requirements and SAM reporting for Old Mutual Group
• Ownership of the custom-built Prophet models, plus other models, for calculation of liabilities, embedded value and capital in various African countries
• Presenting quarterly results to Finance Actuary, Line 2 and Line 3 actuaries
• Ensure that all actuarial processes are performed as efficiently as possible, finding and delivering continuous process improvement and standardisation opportunities as well as ensuring processes are performed with appropriate controls

Qualifications

• Actuarial graduate with a minimum of 4 exam credits
• IFRS17 experience added advantage
• Motivated self-starter
• Takes initiative
• Ability to interact effectively with people at all levels of the organisation
• Ability to complete tasks within agreed timelines with minimal guidance

Application instructions:

• Click 'Apply Now' button.