Picture
 
SPECIAL INVESTIGATING UNIT (SIU)
 

​
ACTUARY (3 YEAR INDEPENDENT CONTRACTOR) (IC24/05/01)
 
Overview
Reference IC24/05/01
Salary ZAR/hour + No benefits
Job Location - South Africa -- Tshwane Metro -- Pretoria
Job Type Contract
Closing date 31 May 2024 23:59
 
Main purpose: To analyse and evaluate the potential financial risk within the SIU’s employee benefit offerings such as Medical Aid, Pension Fund and Provident Fund.
 
Minimum qualification and experience: Bachelor's degree in Mathematics/ Actuarial Sciences/ Statistics or related field. Fellowship in the Society of Actuaries or equivalent qualification, or Nearly Qualified as a Fellow.5+ years of experience in the insurance or financial services industry, with a focus on employee benefits capital and reserving. Strong analytical and problem-solving skills. Excellent communication and leadership abilities.
 
Key performance areas (Include but not limited to): Conduct data analysis and model statistics for different projects at the SIU. Analyse market trends and potential risks to design products, which meet the SIU's needs while aligning with the SIU's financial goals. Assess retirement funding requirements, estimate pension liabilities, and advise the SIU to meet its pension/medical obligations. Provide expertise in Enterprise Risk Management assisting the business to make informed decisions to mitigate losses. Provide insights on various actuarial metrics to the SIU. Develop models that support risk assessment and assist in decision-making processes. Provide Modelling techniques and contribute with industry knowledge.
 
Technical skills: Analytical. Specialised Mathematical acumen. Communication. Problem Solving.  Interpersonal. Presentation. Risk Management. Report Writing. Project management. Accounting. Strong computer skills. 
 
Required knowledge and Behavioural (include but not limited to): Ability to analyse data and solve problems. The ability to conduct statistical analysis including cleaning data and interpreting relationships and trends between data sets. Strong mathematical ability and an analytical mind. The ability to work collaboratively. Knowledge of risk management principles and best practices. Knowledge of Public Ethics Management Framework. Understanding of the public sector risk profile.  Knowledge of financial principles. Advanced MS Office proficiency. Attention to detail. Deadline driven. Result Oriented. Tactful. Self-motivated. Integrity. Confidentiality.



​
PLEASE NOTE:
  • The appointment of candidates will be at the Unit’s sole discretion and the Unit reserves the right not to make an appointment.
  • The SIU is an Anti-Corruption Investigating Unit and requires applicants to make a full and frank disclosure in their application form.
  • Fraudulent qualifications or documentation will automatically disqualify candidates.
  • All candidates will be subjected to integrity screening procedures and a favourable end report is essential.
  • Other critical positions may be subjected to vetting procedures after appointments.
  • The SIU does not relocate any candidates on a fixed-term contract.
  • Correspondence will be limited to shortlisted candidates only. Please be advised that applications received mean that processing may take some time. Candidates who have not been contacted within three (3) months of the closing date should consider their applications unsuccessful.
  • POPIA disclaimer: In line with the Protection of Personal Information Act, 4 of 2013 by applying for this position it is accepted that you have consented to your personal information being used and kept to process your application. The SIU will ensure the protection and safeguarding of personal information and all information collected will not be shared with any third parties or be used for purposes other than for the purpose it was intended.
  • The SIU is committed to equality, employment equity and diversity.  Preference will be given to persons from designated groups in particular Africans and people with disabilities in line with the SIU Employment Equity Plan.
  • The salary offered will be in line with SIU-approved salary scales, which may change subject to relevant approvals and annual increases.
  • Late applications will not be considered after the closing date.
 
APPLY