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Jobs by Experience drjobs

5years

Job Location drjobs

Pretoria - South Africa

Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Our client is looking to hire an experienced Actuary to perform various actuarial services including calculating future costs/liabilities for an additional medical and offering to retirees assessing financial risks for employees transitioning from a provident fund to the GEPF and developing models to support risk assessment and decisionmaking for new projects.The expert must develop project actuarial metrics and models for operational projects over a 36 month period with a budget not exceeding R.00

Key Responsibilities:
  • Calculation of future cost/liability for an additional medical aid offering to retirees
  • Assessment of financial risks for employees moving from provident fund to GEPF
  • Develop models to support risk assessment for new projects
  • Use modelling techniques to aid decisionmaking for business development
  • Develop project actuarial metrics and models for operational projects.
Deliverables:
  • Calculation of future cost/liability for additional medical aid offering to retirees
  • Assessment of financial risks for employees transitioning funds
  • Development of models to support risk assessment for new projects
  • Use of modelling techniques to aid decisionmaking for business development
  • Development of project actuarial metrics and models for operational projects




Requirements

  • Must be a qualified actuary (FASSAFellowship member)
  • Minimum of 5 years of experience in insurance or financial services industry
  • Focus on employee benefits capital and reserving
  • Strong analytical and problem solving skills
  • Excellent communication and leadership abilities
  • Demonstrated extensive skills knowledge and technical abilities
  • Need to minimise downtime during peak hours


Benefits

  • Anticipated project period of 36 months
  • Budget not to exceed R.00

Overall the Actuary will play a crucial role in providing actuarial services focusing on employee benefits risk assessments decision making and financial analysis to help the organisation effcetively manage costs and liabilities

Employment Type

Full Time

Company Industry

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