Job Title: Corporate Actuary/Actuarial Specialist: Corporate Actuarial (Reference # 8418) Job Grade:09 C/CQ
Introduction
The above-mentioned position is available in the Metropolitan International Corporate Actuarial department at Parc du Cap, Cape Town. This position offers the ideal opportunity for an exceptional individual who has relevant actuarial valuations experience. The individual will be looking for an opportunity which offers high levels of personal growth and at the same time will be able add value into a dynamic and rapidly growing business. The position may require travel into Africa (on an infrequent basis).
The Incumbent will be responsible for:
•Assist with Quarterly actuarial valuations of the International businesses for selected countries.
•Provide strategic and operational feedback to the countries based on outcomes from the valuation.
•Take responsibility for the development of the internal capital and cash-flow projection tool as well as assist in the annual budgeting process.
•Ensuring the Moses modelling tool is updated for product, regulatory and other changes. Depending on the capability on the individual this could later include changes required for the SAM implementation.
•Take responsibility for the Functional Cost Analysis for selected countries which includes interacting with in country CEO’s and FM’s to understand business efficiencies.
•Assisting with the various statutory returns and other compliance-related tasks.
•Liaising with colleagues from other departments and in country, such as asset managers, accountants, product development staff, systems programmers and policy administration staff.
•Development of the International valuation extracts as well as information reports for selected systems
•Ad-hoc development around valuation and management information processes.
The applicant should meet these requirements:
•A minimum of :
oActuarial student – a minimum of two years valuation experience
oNearly/ Newly qualified – a minimum of two years life office experience with preferably a year in a valuation environment
•An actuarial or B-degree with mathematics and statistics as majors;
•Passes in (or exemptions from) at least 6 CT’s and CA1;
•Proficient with MS-Office packages, especially Excel (VBA) and Word;
•Experience with actuarial projection software such as MoSes or Prophet is preferable;
•Programming experience in SQL (SSIS), Foxpro or other database software is preferable;
Competencies Required
•Sound numerical, analytical and problem solving skills;
•Effective interpersonal and communication skills;
•Willingness to assume responsibility and show initiative;
•Ability to work in a team;
•High detail and quality orientation;
•The ability to communicate concepts and solutions to senior management and EXCO;
•The ability to work well under pressure in a dynamic environment.
All applicants will be required to do psychometric assessments.
How to apply
Internal applicants:
Sign onto PeopleSoft > Recruiting Activities > Careers
External applicants:
Go to our website
www.metropolitan.co.za
> Careers > Vacancies
Contact Person:
Jacci Cloete
Telephone:
0219406776
Closing Date:
4 May 2012
Please state clearly for which position you are applying as well as the reference number in all communications. The job grade and remuneration will be commensurate with the successful applicant's experience, qualification and skills.
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