Actuarial and Insurance Solution Full-time Job

Actuarial and Insurance Solutions (AIS Life Team): Actuarial Analyst

• 6 Marina Rd, Victoria & Alfred Waterfront, Cape Town, 8001, South Africa
• Full-time

Company Description

About Deloitte:

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the Deloitte organization) serves four out of five Fortune Global 500 companies. Learn how Deloittes approximately 312,000 people make an impact that matters at www.deloitte.com

About the Division:

Deloittes Actuarial & Insurance Solutions (AIS) practice is South Africas preeminent actuarial advisory practice, with a deep reach and expertise across the insurance and financial services industries. We are the largest actuarial consultancy in Africa with more than 140 actuarial staff and more than 50 qualified actuaries. Our AIS practice provides comprehensive actuarial, risk management, and advanced analytics services for Life and Non-Life insurers and reinsurers, regulators, automotive players, retirement fund providers and other related organisations.

Job Description

Main Purpose of Job:

An opportunity to develop a deep understanding of technical issues by delivering on a wide variety of projects, including but not limited to:

• Outsourced Head of Actuarial Function
• Actuarial Modelling
• Reserving, pricing and capital modelling
• IFRS 17
• Exponential Actuary
• Due Diligence

What are we looking for:

• Ability to take on projects and delight our clients
• Desire to grow into a trusted adviser to our clients
• Aptitude for developing and managing teams
• Excellent people skills
• Strong communication skills
• Ability to work in multi-disciplinary environment
• Proven ability in the Life Insurance industry
• Strong analytical and modelling capabilities
• Programming skills

Qualifications

Minimum Qualifications:

• Actuarial students making good progress with actuarial exams or newly qualified actuaries

Minimum Experience:

• Minimum 2-3 years working experience
• Majority of working experience in the Life Insurance actuarial domain
• Actuarial valuation experience in Prophet, DCS or any other valuation software
• Strong experience of capital and solvency calculations, reserving and reinsurance will be advantageous
• Specific experience in IFRS17 will be an advantage
• Pricing experience/knowledge will be an advantage

Additional Information

Why Deloitte?
At Deloitte, we create positively differentiated work experiences that enable our people to feel valued and achieve their full potential. Deloitte Africa opens the door to a career that can cross borders virtually and physically across the African continent and globally to gain experience and access projects beyond our borders. We value difference, and embrace people with diverse backgrounds, experiences, gender identities, abilities and thinking styles. Knowing that people work best in a variety of ways, we are happy to discuss alternative arrangements if the working pattern you are looking for is not specifically indicated.

*Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.

Hybrid & Vaccination policy

Deloitte Africa has successfully launched the Hybrid Working model. Aligned with this model is our commitment to maintain an environment for personnel, clients and visitors that is safe and, as far as reasonably practicable, free from health risks.

Medical evidence provides overwhelming and empirical evidence that vaccination is currently the most effective means of preventing the spread of COVID-19 and reducing the likelihood of serious illness, death, transmissions and infections. More information about our mandatory vaccination policy will be discussed during the recruitment process for this position.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the Deloitte organization) serves four out of five Fortune Global 500 companies. Learn how Deloittes approximately 345,000 people make an impact that matters at www2.deloitte.com.
Deloitte is dedicated to providing value added solutions to our clients. We take pride in our reputation for providing a globally consistent quality service, an integrated approach and world-class expertise. Deloitte is renowned for its innovative and collaborative culture, where talented people work closely with like-minded individuals to achieve collective success.