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  • Posted: Jun 20, 2024
    Deadline: Not specified
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    All right, all right - let’s cut to the formalities. Here's the deal. At Hollard, we get up in the morning to ensure people sleep better at night. Our job is to look after the stuff our customers love. In fact, 5 million people already trust us with their stuff. That's pretty big deal to us. http://www.hollard.co.za Impressum The Holla...
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    Senior Actuarial Specialist: Projects

    Job Advert Summary

    Reporting directly into the Head: Long-term Corporate Actuarial, the role will be required to work on, provide direction and lead parts of business critical and strategic projects. The role supports and enhances BaU processes. It provides direct support to the Life Corporate Actuary and his direct reporting managers within his team on strategic priorities as and when these arise. 

    Key Responsibilities

    Support to the BaU function

    •  Assist with BaU activity in the Life Corporate Actuarial
    •  Assist with automation of data source reconciliations and data controls
    •  Work on ad hoc projects including 
      •  Process optimisation
      •  Process automation
      •  Capital optimisation
      •  Control enhancements
      •  Reporting enhancements
      •  Profitability drivers and value measurement

    Support to Life Corporate Actuary and his direct reporting managers

    •  Assist with insights required into the various businesses that cannot be obtained through BaU processes
    •  Assist with the actuarial model development and optimisation initiatives
    •  Assist with IFRS17 BaU embedment as well as refinement of reporting process
    •  Be part of the Ledger transformation project and drive to completion
    •  Assist with Iterative Risk Margin implementation as well as other capital optimization 
    • initiatives

    Business Insights and Enablement

    •  Assist the Head of Corporate Actuarial to provide Exco and senior management with management information and business insights
    •  Assist in embedding the alternative reporting metrics workstreams into the Business Units

    Required Knowledge and Experience

    • A minimum of 2 to 3 years relevant actuarial experience
    • Preferably have prior Life Insurance valuation and capital experience
    • Preferably been exposed to coding of actuarial models including being familiar with Microsoft
    • Excel/VBA, SQL and/or other open-source coding languages e.g. Python
    • Must have a successful track record of having worked on projects and adhoc tasks
    •  In-depth knowledge of financial accounting, actuarial and related processes
    • Ability to interpret and apply legislation and regulation in all operating environments.
    • Excellent interpersonal communication skills
    • Analytical thinking skills
    • Strategic thinking skills   
    • Educational Requirements
    • Meet all the subject requirements for AMASSA (or international equivalent) 

    Method of Application

    Interested and qualified? Go to Hollard Insurance on hollard.erecruit.co to apply

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