Valuations Specialist: LIFE

Job Status: Active βœ“

https://jobking.co.za/76474

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Job TypeFull Time
Websitehttps://bit.ly/2T6Me30

Valuation Specialist -Retail and Group Business

An established investment company is urgently looking for a Valuations Specialist to join their team in providing direct technical valuation support to the Life business.
This includes actuarial valuation work for both retail and group risk business.

Main responsibilities :

Oversight and review of the monthly and annual valuation of the group and retail business. Understanding and reporting of the results of the valuation from a business perspective.
Assistance with the building of all tools for valuation purposes
Assistance with experience investigations
Assistance with the delivery of requirements (including reporting, technical support, models, forecasting etc.) for the Actuarial and Specialist Services team.
Monthly management reports
Assist with data management to enhance management reporting
Analyses and tools to record company profitability, new business and retention Review of the profitability levels achieved for new and existing products
Assist with necessary profit testing and capital requirements for new products and product updates
Monitor product performance against expectations
Development of tools and reports to monitor and report on strategies and results
Working with other business units to develop, implement and improve initiatives within the group
Support to Risk and Compliance in respect of IFRS17, SAM and ORSA development Review and management of reinsurance agreements and retentions, including building tools and reports
Technical support to claims and underwriting team to assist with the development of tools to ensure better recording and monitoring or processes, efficiencies, and financial effectiveness.
Support wrt any other technical, actuarial and analytical work that may be required by the Head of Actuarial and Specialist Services.
Building relationships with all internal and external stakeholders
Other areas where assistance is required:
– Product and pricing support,
– IT systems, – Distribution remuneration models
– Persistency initiatives
Other projects involved in growing the Life business:
Assistance and review of pricing basis for retail and group (where required)
Working with other business units to develop, implement and improve initiatives within the group
Requirements:

BSc Actuarial Science
Good progress with actuarial exams; minimum 5 CT exams completed
Minimum of 3 - 5 years’ experience
Advanced experience in Prophet is a must , Excel, VBA, SQL, Access and Qlikview will be an advantage
Experience in Technical solutions
Experience of the retail and group risk market
Long Term Insurance specifically valuation experience is essential
High degree of self-motivation; can work independently as well as in a team
Excellent technical and actuarial skills
Analytical thinking and attention to detail
Problem solving
Programming experience will be an advantage
Able to establish priorities and manage several tasks
Technical Retail acumen
EE candidates will be given preference

Job id : , #76474, 90 views,