Actuarial Analyst

Introduction Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose

We are dedicated to rehumanising every interaction with our clients, stakeholders, communities, and society. At the heart of this commitment is our understanding that we are a business with heart. By infusing genuine care into every action and word, we demonstrate our unwavering value for our communities, stakeholders, and society.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page
Role Purpose The successful candidate will be a self-starter who enjoys being challenged and would be responsible for the financial reporting of the international life insurance subsidiaries of the Momentum Group

Requirements

• A graduate degree in Actuarial Science or related degree, with the intention of completing the professional actuarial exams essential.
• Minimum of 4 CT's required.
• Good progress with actuarial exams essential.
• 0 to 2 years working experience.
• Experience in Excel and SQL would be an advantage.
• Life valuations experience would be an advantage.

Duties & Responsibilities

• Production of quarterly financial information on the various reporting and valuation bases.
• Involvement in the analysis and presentation of quarterly earnings and valuation results, including the published earnings, embedded value and value of new business.
• Analysing surplus arising over the reporting period and providing analysis support to business and management.
• Assisting with various statutory returns and other compliance-related tasks.
• Interact with various stakeholders regarding the production and analysis of entities' results, including asset managers, accountants and product development staff.
• Identify opportunities to automate and continuously improve the reporting processes.
• Take responsibility for the development and enhancement of processes within the reporting environment.
• Analyse historic experience for the purpose of setting valuation bases and improving forecast results, and other ad-hoc investigations.

Competencies

• Analytical thinker.
• An attention to detail and a dedication to technical excellence.
• Excellent verbal and written communication skills.
• Drive for results.
• Able to manage stress, pressure and competing demands.
• Strong desire to add value and make a difference.
• Self-starter - can run independently with complex projects.