Actuarial Specialist - Valuations at Rand Mutual A

THE JOB AT A GLANCE As the Actuarial Specialist, you will be reporting into the RMA: Head of Corporate Actuarial. You will be responsible for overseeing the development and maintenance of the actuarial valuation systems and data, ensuring that all actuarial valuations are prepared timeously and accurately. An integral part of the role will also be supporting business with insights, producing reports for various executive committees and managing workflow within the team. WHAT WILL YOU DO? Actuarial business support to RMA: * Prepare monthly valuation data * Prepare actuarial specific areas in all the Group regulatory returns: * Monthly, Quarterly, Annual valuations and returns * ORSA and SAM reporting * Continuously ensure valuation data integrity * Assist in ORSA methodology and SAM processes and procedures * Maintain actuarial data * Timeously respond to actuarial queries from the regulators (FSB/SARB/SARS) * Plan and Budget actuarial matters, maintaining a timetable of submission * Inform management of actuarial specific regulatory issues (solvency and capital requirements) for the Group * Prepare and maintain a summary of returns and any actuarial issues to report to management (HEAD/EXCO/BOARD/AUDIT etc) * Develop and maintain an Actuarial system. Reporting and stakeholder management: * Manage relationships within the company and with stakeholders * Prepare and submit monthly reports of the Key Performance indicators for the actuarial reporting function * Monitor actual to expected on a monthly basis * Monthly reporting of risks on risk register * Conduct a quarterly analysis of surplus reporting * Conduct embedded value calculations * Effectively assess and report on problem areas. Regulatory compliance: * Ensure that all work performed in terms of required standard and regulation * Ensure that all company policies and procedures are adhered to * Ensure timely submission of various periodical reports. Staff management: * Manage, supervise and train staff * Lead and motivate a team to achieve targets Ad hoc projects: * Assist, participate in or provide related support for any ad hoc projects as and when required. WHAT YOU'LL BRING TO THE TABLE? * NQF Level 7: Bachelor's degree - Actuarial Science * Progress towards actuarial exams - preferably Associate actuary, but consideration would be given to experience * Minimum 5 years' experience in the non-life insurance environment. WHAT WILL YOU GET IN RETURN? We offer great opportunities for personal and professional development in a stable company that's 127 years strong. The role comes with a competitive salary package and various benefits. Flexible work arrangements (combination of remote and in the office). Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration. Turnaround time The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend