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Actuarial Analyst: Group Internal Audit

Job Description


Actuarial Analyst: Group Internal Audit – Cape Town


AA/EE:                                                   Preferable            

Contract:                                               Permanent

Location:                                               Cape Town

Available:                                              ASAP


About the Role:

A leading financial services group based in Cape Town is looking for an Actuarial Analyst with a minimum of 2 year experience.  The incumbent will be responsible to assist with reviews of actuarial-related processes (e.g. data extraction, assumption setting, valuation and results analyses etc.)


Minimum Requirements

·         Bachelor degree in Actuarial Science

·         Actuarial student with good progress in the CT-series exams

·         Up to 2 years actuarial experience

·         The following will be advantageous, but not a requirement

Ø  Experience in an assurance function

Ø  Experience with Prophet

Ø  Working knowledge of Solvency II and SAM


Job Description

·         Assist with reviews of actuarial-related processes (e.g. data extraction, assumption setting, valuation and            results analyses, asset-liability management (ALM), reinsurance, etc)

·         Assist with reviews of actuarial valuation models including performing data analyses, independent                      calculations and modelling and analysing Prophet models

·         Support execution of specialised reviews such as management of market, credit and insurance risks,                  and actuarial and financial reporting under International Financial Reporting Standards (IFRS) and                      Solvency Asset Management (SAM)  

·         Support execution of assurance assignments relating company’s SAM programme such as Actuarial                  Close Processes & Controls, model governance, risk management and ORSA review

·         Assist with preparation of review reports


Personal Qualities:

·         Technical Professional Skills

·         Concern for Accuracy

·         Stress Tolerance

·         Results Driven

·         Good written and verbal communication skills in English

·         Team Success

·         Problem Solving

·         Managing Work

·         Treating Customers Fairly 

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Lindsay Strauch
+27 (0) 11 759 4039