ACTUARY 36 months
Posted on :
19-09-2024
Employer Active
1 Vacancy
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Jobs by Experience
5years
Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
19-09-2024
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
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