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Actuarial Operations Specialist

Vacancy Details

Reference No.

CS-42461

Synopsis

A prominent financial services group is currently seeking an individual to assume the role of Actuarial Operations Specialist. The successful incumbent will be responsible for assisting in the management of structured and guaranteed investment products.

Description

  • Develop structured and guaranteed investment products.
  • Ensure the ongoing management of structured and guaranteed investment products, including but not limited to the oversight, system extraction, 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.
  • Calculate contractual or adjusted payments to clients.
  • Gather asset and related information from counterparties to determine exposures, returns, etc.
  • Carry out actuarial and performance reporting for structured and guaranteed investment products.
  • Produce new business and disinvestment quotations on structured and guaranteed investment products.
  • Establish and maintain strong relationships with various internal and external stakeholders and assisting them in analysing, supplying and translating information on structured and guaranteed investment products.
  • Undertake ad-hoc actuarial tasks including the resolution of technical queries.
  • Offer specialised assistance on ‘Structured Solutions' projects.

Requirements

  • 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.
  • Actuarial Science degree preferred with at least 3 CTs.
  • 2 years' experience preferably in an investment’s environment.
  • Knowledge of structured and guaranteed investment products preferred but not critical.
  • Ability to work accurately under pressure.
  • High attention to detail and quality orientation.

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