Specialist: Actuarial Analyst at Liberty Group South Africa

Purpose

• This role presents an exciting opportunity to be a part of a dynamic team dedicated to delivering crucial insights into financial performance and product analysis. The position necessitates a blend of technical expertise, experience in actuarial valuation processes, and the ability to collaborate with various business units, including finance, product development, Prophet modelling, and other actuarial valuation teams. The incumbent will have the chance to develop specialist skills, gain valuable experience, and interact with key individuals within the Group, positioning themselves for further career advancement.

Essential Job Functions

• Conduct life actuarial valuations, including experience investigations, assumption setting, prudential and IFRS reserving and reporting, scenario testing and forecasting, analyses of surplus, and value-of-new-business calculations.
• Streamline and enhance various processes to improve efficiency and effectiveness.
• Present insights to management and the broader business, actively participating in discussions to facilitate the execution of the business strategy.
• Collaborate with various stakeholders within Liberty to develop solutions that add significant business value.
• Assist in improving governance and control within the Actuarial and Risk departments.

Minimum Experience

• 1 - 2 years experience in a similar environment

Additional Minimum Experience

• Student or near qualified actuary in a Life Insurance Actuarial environment.

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Mathematical Sciences

Additional Minimum Qualifications

• Actuarial Qualification

Key Skills

• Strong knowledge of technical concepts in Actuarial Science, including techniques, calculations, and principles, is essential. The candidate must possess analytical thinking skills and the ability to solve complex problems.
• Experience in financial analysis and interpretation, along with knowledge of relevant legislation, regulations, and professional guidance from the Actuarial Society, is highly advantageous.
• Proficiency in Prophet and SQL is considered a significant asset.
• The ideal candidate should be a self-starter capable of working independently and maintaining high standards under time constraints.
• The ability to seamlessly integrate into an existing team is crucial.
• Exceptional communication skills, both verbal and written, are required.