Associate Actuarial Analyst

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Hire Resolve are currently seeking candidates for their open Associate Actuarial Analyst position in null, Gauteng through Go Job Search. Are you an experienced candidate looking to take up a Associate Actuarial Analyst role such as with an industry leading company like Hire Resolve?

Overview Associate Actuarial AnalystThe main purpose of this position is to realise the responsibilities of the Associate Actuarial Analyst (Prudential Authority) in respect of the supervision and regulation of non-life actuarial risks in insurance entities. The successful candidate will be involved in operational duties associated with on- and off-site analysis and will be part of a team of risk specialists in the PA who are responsible for providing specialist knowledge, skills and experience in the non-life actuarial risk management area.Detailed descriptionThe successful candidate will be responsible for the following key performance areas: Provide actuarial support concerning both solo and group entities, this includes but is not limited to:− scrutinising the financial soundness of non-life insurers;− participation in on-site visits to non-life insurers; and− consideration of internal model approvals.Scrutinise and check compliance of submission by the non-life insurers’ actuaries.Assisting in maintaining the statutory returns required of regulated entities.Participate in projects initiated within the PA and Industry forums.Developing and testing systems and procedures for internal use.Maintain and upgrade databases.Participate in and execute projects initiated within industry forums.Transfer knowledge and skills to stakeholders both inside and outside the PA. Job RequirementsTo be considered for this position, candidates must have: Hold a relevant degree in Actuarial Science;be actively pursuing studies and ideally have passed, or been exempted from at least 2 A-series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; andtwo to five years of relevant working experience, preferably in the non-life insurance industry. The following would be an added advantage: Good communication (verbal and written) skills;ability to perform under pressure without compromising quality;good interpersonal skills;proactive problem-solving skills;SAM experience; andcomputer literacy (preferably including programming skills) Additional requirements include: Knowledge of the Insurance Act, 2017;Knowledge of the Prudential Standards; and of the risks that insurers take; and ability to influence, build and maintain relationships.

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