Head of Modelling (Actuarial): Life Insurance job opportunity at Absa.

Home Jobs In South Africa Tag: Job Head of Modelling (Actuarial): Life Insurance position at Absa


DatePosted Today bot
Absa Head of Modelling (Actuarial): Life Insurance
Experience: Highly Experienced
Pattern: full-time
Country:
apply Apply Now
Salary:
Status:

Job

Copy Link Report
degreeDiploma
loacation Sandton, South Africa
loacation Sandton....South Africa

Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary Overall responsibility for Absa Life’s Actuarial models used for actuarial valuations, and reporting purposes (IFRS, SAM and Embedded Value). These include models within Prophet, Excel and other platforms. Job Description Overview of Role Provide oversight, direction and management to the modelling team. Implementation of model developments in accordance with Absa’s governance framework. Monitoring and investigation of experience variances to ensure continued appropriateness of models. Relationship management with Prophet software provider as well as the point of contact to address Prophet queries. Identify and implement initiatives to improve efficiency of prophet modelling including run times Identify and implement initiatives for alternative modelling platforms that may increase efficiency and costs. Role Requirements Qualified actuary (part qualified actuaries with appropriate experience will be considered). Extensive knowledge and experience with Life Assurance products, including reinsurance. Advanced Prophet skills. Skills in R, Python and other actuarial software platforms are highly advantageous. Experience and knowledge of IFRS17, SAM and EV Minimum 7 years work experience. Education Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Other Ai Matches

Finance Business Partner Applicants are expected to have a solid experience in handling Job related tasks
Product Design Lead Applicants are expected to have a solid experience in handling Job related tasks
Microinsurance_Executive: Customer & Product Applicants are expected to have a solid experience in handling Job related tasks
Investment Banker: Special Asset Management Applicants are expected to have a solid experience in handling Job related tasks
Senior Manager: Business Architecture and Analysis Applicants are expected to have a solid experience in handling Job related tasks
Analyst Credit Commercial Applicants are expected to have a solid experience in handling Job related tasks
Structured Acquisition Specialist Applicants are expected to have a solid experience in handling Job related tasks
Backend Developer Applicants are expected to have a solid experience in handling Job related tasks
Model Development Analyst Applicants are expected to have a solid experience in handling Job related tasks
Talent Pipeline: Private Wealth Banker - Gauteng Applicants are expected to have a solid experience in handling Job related tasks
Financial Adviser AIFA: Everyday Banking (FAIS) Applicants are expected to have a solid experience in handling Job related tasks
Acquisition Banker - Pipeline Mpumalanga Applicants are expected to have a solid experience in handling Job related tasks
Senior Manager: Operations Applicants are expected to have a solid experience in handling Job related tasks
Relationship Executive Enterprise RBB Applicants are expected to have a solid experience in handling Job related tasks
Relationship Executive - Small Business (FAIS) Applicants are expected to have a solid experience in handling Job related tasks
Internal Audit Manager Applicants are expected to have a solid experience in handling Job related tasks
2. Relationship Executive Public Sector -Kwa Zulu Natal (FAIS) Applicants are expected to have a solid experience in handling Job related tasks
ServiceNow Specialist ITOM Support Engineer (KE)) Applicants are expected to have a solid experience in handling Job related tasks
Banker - Enterprise (Cape Town) Applicants are expected to have a solid experience in handling Job related tasks
Private Wealth Banker Applicants are expected to have a solid experience in handling Job related tasks
Senior Specialist: Data Governance Applicants are expected to have a solid experience in handling Job related tasks
Head of Transactional Banking (covering Trade & Working Capital and Cash Management) Applicants are expected to have a solid experience in handling Job related tasks
Senior Manager: Internal Marketing Applicants are expected to have a solid experience in handling Job related tasks