Actuarial Manager – Non-life Corporate Actuarial
South Africa
Full Time
5 hours ago
No Sponsorship
Key skills
PythonSQLVBACommunication
About this role
Role Overview
- Manage and coordinate the ORSA process for Absa’s non-life insurance entities
- Operate the ORSA projection model
- Set and monitor quantitative risk appetite metrics
- Perform stress and scenario testing as part of the Company’s ORSA processes
- Maintain the ORSA model and identify areas of improvement
- Communication of results to key stakeholders
- Manage a small team of actuarial analysts
- Manage deliverables and timelines in own team
Requirements
- A Degree in Actuarial Science (Honours degree would be advantageous)
- At least 5 years actuarial work experience within the non-life insurance industry
- Newly or nearly qualified actuary with good exam progression towards qualifying as a Fellow actuary
- Good understanding of the SAM Financial Soundness Standards for Insurers (FSIs) and experience in performing capital calculations
- Experience in non-life reserving techniques and IFRS 17 reporting would be advantageous
- Experience in extracting and transforming data and designing automated processes
- Programming in SQL, Python or VBA would be advantageous
Tech Stack
- Python
- SQL
- VBA
Benefits
- Health insurance
- Paid time off
- Retirement plans