Actuarial Analyst

Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks.

Actuarial Analyst Job Description Template

Our company is looking for a Actuarial Analyst to join our team.

Responsibilities:

  • Calculation of management actions for Smooth Bonus and Dynamically Hedged products;
  • Stress testing and scenario analysis;
  • Calculation of Investment Guarantee Reserves;
  • Production of the quarterly Regulatory capital reporting, including an analysis of change;
  • Providing the reporting information required for the ORSA (Own Risk and Solvency Assessment);
  • Assisting with the various statutory returns and other compliance-related tasks;
  • Involvement in the communication of the results to various stakeholders;
  • Assisting with capital calculations for purposes of pricing new products.

Requirements:

  • Interpersonal and Communication Skills;
  • Client-facing experience essential;
  • Degree with 13 15 subjects passed;
  • Minimum 3 years experience;
  • Honours advantageous with good progress with Actuarial Credits through ASSA;
  • Marketing exposure and experience;
  • Product development and pricing experience in Life insurance;
  • Strong interpersonal, network and negotiation skills;
  • Strategic thinker;
  • Assist the Head of Actuarial Function through regular reporting and review of results;
  • Ensure that the parameters used in the valuation are accurate and the results are reasonable;
  • A good understanding of Corporate Products will be a distinct advantage;
  • Experience with stochastic models as well as experience with the complexities of running bespoke technical models essential;
  • Collaborate with business to resolve any matters arising from the quarterly valuations, e.g. the need to re-price products;
  • Newly/nearly qualified actuary essential.