Actuarial Analyst
Johannesburg, Gauteng, South Africa
Job Description
Career Level 3We are currently looking for an Actuarial Analyst reporting to the Head of Life Valuations. Being a member of a small team, you will be accountable for quality analysis and reporting within the Life Valuations Department.
Established in 1968, Munich Reinsurance Company of Africa serves life and non-life reinsurance clients across the Sub-Saharan Africa from our hub in Johannesburg. Together with our colleagues globally, we influence, collaborate and can be relied on to handle the world's most pressing challenges.Your Role:
- Analysis of valuation data, data checking and data reporting
- Perform tasks related to quarterly reserving activities: calculation of prospective reserves, IBNR and monitoring of claims experience
- Assist with regular profitability reporting IFRS17, IFRS9 and SII
- Assist with running the valuation model to produce cashflows for quarterly and annual reporting
- Assist with updating and testing the valuation model for annual model and assumption changes
- Assist with ad hoc investigations and queries for the Life business
- Bachelor's degree in actuarial or business science
- At least 4 actuarial exams
- One or more years of experience
- Intermediate knowledge of reserving
- Understanding of life actuarial modelling
- Some life insurance product knowledge
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Job Detail
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Job IdJD1355273
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationJohannesburg, Gauteng, South Africa
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EducationNot mentioned