Actuarial Expert - General Insurance

Recruiter:

Skill Shed

Job Ref:

CPT000040/SS

Date posted:

Wednesday, September 25, 2024

Location:

Sandton, South Africa

Salary:

Annually

SUMMARY:
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, providing actuarial and technical assistance to clients. The same division is responsible for Enterprise Risk and Capital Management, and Data Analytics

POSITION INFO:
Responsibilities
Capital modelling including reviews of economic capital models, building challenger models and quantitative validation of SAM standard formula
Reinsurance reviews and stochastic optimisation
including geospatial modelling
Product pricing and design, including working with GLMs, GAMs etc
Building projection models for ORSA and business plans
Reviewing technical provisions including IBNR, UPR, AURR 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

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