SOUTH AFRICAN SPECIAL RISK INSURANCE ASSOCIATION (SASRIA) Position Title: Senior Actuarial Analyst JOB SUMMARY STATEMENT/PURPOSE: The Senior Actuarial Analyst assists the Actuarial Manager with the day to day operations of the actuarial department within Sasria. This would include the valuation of technical provisions, capital modelling for economic and regulatory purposes, stress testing and scenario analysis, assisting with reinsurance reviews and being involved in any updates to pricing basis. CURRENT STATUS: Active CONTRACT TYPE: Permanent CLOSING DATE: August 13, 2021 Click here to apply
3. Own Risk and Solvency Assessment (ORSA)
• Assist with key ORSA functions including setting of risk appetite, risk budget, scenario identification and quantification as well as capital and financial projections. 4. Compile reports and documents • Completion of Prudential Authority returns. • Assist in the preparation of Monthly/Quarterly/Annual or ad-hoc performance reports for Executive Management, the Board of Directors and Regulatory Agencies. • Remain informed of changes in trends in relation to modelling data specifically pertaining to the insurance industry environment. 5. People Management • Ensure that the working environment contributes to improving staff morale and increasing productivity. • Develop Individual & Team Competence. • Ensure that all staff are trained, skilled and that their expertise is fully applied. • Ensure that working environment contributes improving staff morale and increased productivity. 6. Ad-hoc • Build and maintain relationships throughout the business inclusive of Head of Actuarial Function, Finance, Claims, IT as well as Underwriting teams. Qualifications:
Experience:
Knowledge:
Technical skills:
Attributes & Values:
Demographics: A South African citizen of any gender, preference will be given to an EE candidate. Location: The role will be in Illovo, Johannesburg.
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