Consolidation and Reporting Actuarial Analyst at Old Mutual South Africa

The successful candidate will assist the business in consolidating financial results. The individual will work closely with the various Corporate Segment product valuation and accounting teams to ensure all reporting requirements are well understood and deliveries met.

The role therefore requires a technically sound individual, who can build strong relationships with many stakeholders. As reporting is required to meet the needs of various stakeholders, there will be a strong focus on ensuring processes are robust, efficient, and fit for purpose. The role may also require participation in various projects, which will present opportunities to develop further insights and influence reporting within and across the various teams.

Key Result Areas

• Consolidating financial, business, management reporting:  Consolidate results; including soundness of reserves, capital and other metrics and ensure consolidated reporting produced with appropriate supporting analysis and commentary.
• Monthly financial reporting: Calculate and perform checks on monthly IFRS profit estimates.
• Regulatory reporting: Assist with regulatory reporting requirements including annual returns.
• Reporting Capability: Ensure processes are efficient, robust, fit for purpose and well documented.  Ensure the control environment is adequate and effective.
• Ad-hoc projects: Support the delivery of relevant projects objectives, as and when these arise.
• Ensuring Consolidation function is set up for IFRS 17

Requirements: Skills, Qualifications and Experience required

• Qualified/Nearly Actuary - exceptional candidates that don’t meet this requirement may be considered.
• At least 4 years actuarial experience
• Strong technical skills and attention to detail
• Ability to communicate effectively to diverse technical and non-technical audiences (written and verbal)
• Experience leading a team
• Strong stakeholder engagement skills
• Ability to collaborate effectively with others

Skills

• Ad Hoc Projects, Building Relationships, Business Reporting, Communication, Consolidated Reporting, Financial Analysis and Reporting, Management Reporting, Regulatory Reporting

Education

• Bachelors Degree (B): Actuarial Science (Required), Fellow Of Actuarial Society Of South Africa (FASSA)