Actuarial Specialist II
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About the role
FirstRand is hiring an Actuarial Specialist II, based in Randburg. To autonomously handle data preparation and conduct basic to intermediate analyses, while executing complex analyses under supervision. Managing independent projects, providing mentorship to junior colleagues, and effectively communicating with stakeholders, including delivering presentations to management committees and executive teams. Hello, Future Actuarial Specialist II Our Short-Term Insurance business is looking for an Actuarial Specialist II to support the delivery of IFRS 17 reporting, regulatory reporting, reserving and audit activities. This role offers the opportunity to work across Finance, Risk and Actuarial teams while contributing to critical reporting and governance processes.
Responsibilities
- Deliver IFRS 17 actuarial reporting and reporting insights.
- Prepare and review regulatory, statutory and actuarial reporting outputs.
- Support internal and external audits through actuarial analysis and documentation.
- Perform reserving analyses and review technical provisions.
- Contribute to capital and solvency reporting requirements.
- Investigate and explain movements in actuarial and financial results.
- Enhance reporting processes, controls and actuarial models.
- Produce reports for management and governance committees.
- Ensure compliance with regulatory and actuarial standards.
Requirements
- Hold a degree in Actuarial Science.
- Completed at least 8 ASSA examinations.
- Have 4-6 years' actuarial experience.
- Proven IFRS 17 financial reporting, regulatory reporting and reserving experience.
- Experience supporting regulatory submissions and governance committees:
- Exposure to SAM, capital and solvency reporting.
- Proficient with SQL, SAS, Python or similar analytical tools
- Relevant experience within Short-Term Insurance will be advantageous
- Candidates with a combination of Life and Short-Term Insurance IFRS 17 reporting experience will also be considered.
- We can be a match if you are
- Analytical and detail-oriented
- Curious and solutions-focused
- Collaborative and stakeholder-focused
- Passionate about technical excellence
- Delivery-focused and accountable
- This is an exciting opportunity for an actuarial professional looking to deepen their expertise in IFRS 17 reporting, regulatory compliance and actuarial governance within a growing Short-Term Insurance business.