Apply for Job

Actuarial Specialist

Vacancy Details

Reference No.

CS-42460

Synopsis

A prominent player in the financial services space is currently seeking a highly analytical individual to assume the role of Actuarial Specialist. The successful incumbent will be responsible for the management of structured and guaranteed investment products.

Description

  • Assist in the development of structured and guaranteed investment products.
  • Ensure ongoing management of structured and guaranteed investment products as well as the oversight, evaluation and projection of assets and liabilities.
  • Recommend interim and final bonuses (split between vesting and non-vesting) for smooth bonus business.
  • Manage the implementation of statutory and contractual requirements for structured and guaranteed investment products.
  • Ensure proper system implementation of newly developed or revamped structured and guaranteed investment products.
  • Mitigate financial, legal, reputational and other pertinent business risks by ensuring administration systems are continuously rigorously tested for adherence to contractual obligations.
  • Mitigate operational risks by adding a layer of governance to manual processes inherent within structured and guaranteed investment products.
  • Review legal documentation (for example, client contracts, counterparty agreements, etc.).
  • Calculate and review contractual or adjusted payments to clients.
  • Conduct actuarial and performance reporting for structured and guaranteed investment products.

Requirements

  • Actuarial student who has completed at least all Core Principle (A100 and A200 series) subjects as well as Actuarial Practice (A311/CP1).
  • At least three (3) years’ relevant experience (preferred).
  • Good knowledge of structured and guaranteed investment portfolios.
  • Ability to work accurately under pressure.
  • High attention to detail and quality orientation.
  • Strong analytical and problem-solving skills.
  • Good written and verbal communication skills.
  • Good time management skills.
  • Ability to work in a team as well as independently.

Kindly note, if you have not heard from us within two weeks of your application please consider it unsuccessful.

Position Type

Permanent

Work Level

Senior

Salary

Market Related

Industry

Banking/Finance And Investment

Salary Type

Annually

Package

Cost To Company

Affirmative Action

Yes

Geographic Location

Western Cape - Cape Town CBD