Senior Actuarial Specialist - Business Partner at Old Mutual South Africa

Job Description

• In this role, you will work as part of a small Business Partner Team that consolidates and analyses profits and new business numbers, assisting in forecasting, business planning and financial reporting. You will be required to assist in preparing regular commentary based on these numbers for management reports.
• Preference will be given to suitably qualified candidates in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question
• You will work with a diverse team across the Corporate Segment business, which will allow opportunities to build a network across the actuarial and finance space. These relationships will help in resolving issues that may arise.
• An individual who has strong analytical skills, excellent communication skills and the ability to interact effectively with people at all levels of the organisation are invited to apply for this role. This role requires a motivated and energetic candidate who is good at working on tasks under tight deadlines and who can work independently to deliver insights on ad hoc business projects.

Key Result Areas:

Financial and Monthly reporting

• Check the quality and reasonability of input data received
• Check consolidated results for reasonability
• Understand and explain profit drivers
• Continuously evaluate the appropriateness of how results are presented and update as needed
• Write commentary and prepare slides on the drivers of segment profits

Business Planning and Forecasting

• Produce/check detailed metrics for business planning purposes
• Understand the drivers, risks and management actions implicit in the business plan
• Contribute to management discussions on business planning
• Write commentary on the consolidated segment forecast and plan

Thought leadership for actuarial reporting

• Assist with ad hoc projects and information requests from the business
• Continuously improve existing processes and models with the aim of improving overall efficiency

Strategic Support

• Assist with assessing and supporting various strategic projects that drive the business forward
• Manage one staff member in fulfilling these tasks.

Role Qualifications, Skills and Experience required:

• Qualified actuary or senior actuarial student with at least 4 years of actuarial work experience
• Strong technical skills and attention to detail
• Good interpersonal skills – ability to work in a team and across teams
• Good communication skills (both written and verbal)
• Ability to plan and prioritise
• Motivated self-starter who shows initiative, is proactive and looks for ways to improve existing processes
• Able to complete tasks within agreed timelines with limited guidance
• High levels of drive, energy and innovation
• Willing to learn and grow
• Experience of IFRS17 reporting would be an advantage

Please note that the appointment may be made at a lower/higher role size depending on the successful candidate’s experience and exam progress.

Education

• Bachelors Degree (B): Actuarial Science (Required)

Closing Date

07 March 2023