Actuarial Expert

Job title: Actuarial Expert

Company: Tumaini

Job description: The General Insurance consulting team is expanding and has a role for an Actuarial Expert. The team assists clients in 22 countries across Africa on a range of projects varying between statutory/HAF appointments to capital optimization and reinsurance analysis as well as complex pricing models. The candidates will be reporting to the Director in the General Insurance team and providing actuarial and technical assistance to clients. The same division is responsible for Enterprise Risk and Capital Management and Data Analytics.Responsibilities:· Capital modelling including reviews of economic capital models building challenger models and quantitative validation of SAM standard formula.· Reinsurance reviews and stochastic optimization including geospatial modelling.· Product pricing and design, including working with GLM, GAMs etc.· Building projection models for ORSA and business plans.· Reviewing technical provisions including IBNR, UPR, AURP and including stochastic risk adjustment calculations in R/Python.· Producing reports, reviews and analyses results and signing on all areas of short-term actuarial services.· Assist clients across Africa with their IFRS 17 reporting requirements.· Provide technical advice to General Insurance clients across Africa.· Managing projects· Ensure that reports include insight/value add for clients.· Supporting the head of the department· Performing market studies and research· Maintain and improve client relationships.Qualifications:· Bachelors degree in actuarial science, statistics, mathematics, etc· Strong proficiency in statistical modelling techniques and programming languages such as R· 5 8 years experience in General Insurance, either in pricing or reserving and capital modelling· Qualified Actuary· Advantageous if you have the short-term insurance practicing certificate.· Experience with SAM, ORSAs, valuations and solvency calculations will be beneficial· Strong work ethic and highly motivated.· Excellent communication skills (both verbal and written in English), with proven ability to convey complex messages clearly and with conviction· Ability to meet deadlines and provide regular feedback on progress.· Attention to detailShould you meet the requirements for this position, please email your updated CV attached to finance.jobs@tumaini.co.za!Alternatively, you can visit our website at , where you can view our contact number.Correspondence will only be conducted with short listed candidates. Should you not hear from us within 3 days, please consider your application unsuccessful.

Expected salary: R750000 – 800000 per year

Location: Johannesburg, Gauteng

Job date: Wed, 28 Feb 2024 23:09:08 GMT

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