Actuarial Expert - Group Reporting at Old Mutual South Africa

• The role will build networks across the wider Group, which will assist with future career development as part of Old Mutual’s actuarial rotation programme.
• The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Key Result Areas:

• Financial reporting – Support the financial reporting team during reporting cycles to ensure that valuation results are produced accurately, within agreed deadlines and with appropriate supporting commentary.
• Continuous improvements – Enhancements of models and processes that produce IFRS/FSV and MCEV reporting.
• IFRS 17 implementation - Participation in the segment’s involvement in the IFRS 17 project and the transition of reporting into standard production.
• Ad-hoc/Project work – Assist with ad hoc requests from the wider business (e.g. product owners, other finance areas).

Skills, Qualifications & Experience required:

• Nearly or newly qualified Actuary
• At least 4 year’s actuarial experience in life insurance
• Strong technical financial understanding of life insurance products
• Strong detail orientation coupled with the ability to see the “big picture”
• Excellent communication skills (both written and verbal)
• Motivated self-starter who shows initiative, is proactive, looks for ways to improve
• Able to complete tasks within agreed timelines and drive projects to completion with minimal guidance
• Ability to plan and prioritise
• Willing to learn and grow
• High level of accountability

The incumbent will have an added advantage if he/she has the set skills listed below

• Previous valuation experience will be an advantage
• Exposure to group consolidation and accounting reporting process
• Prior experience with process re-engineering

Education

• Fellow Of Actuarial Society Of South Africa (FASSA): Actuarial Science

Closing Date

20 February 2023