Job Description

To prepare data and conduct basic analyses with guidance. Possesses a foundational understanding of technical concepts within their field and can effectively convey information to the wider team and to relevant stakeholders under supervision.

Hello Future Actuarial Specialist,

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team in FR Life Assurance, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Roles and Responsibilities

The role will primarily be within the modelling team. It will provide exposure to both SAM and IFRS 17. Engagement with a wide range of stakeholders is key and provides the opportunity to connect with senior management and actuarial committees.

Are you someone who can:

Maintain and develop products in the Prophet modelMaintain and develop statutory models in the Prophet (SAM, IFRS17, AOS etc.)Create and edit model point data in SASSupport team during valuations and experience investigationsProduce actuarial reports for actuarial and board committeesConduct Adhoc research on actuarial developmentsManage project deliverables and deadlinesCommunicate with stakeholders and senior management

You will be an ideal candidate if you are:

A student actuary with at least 5 exemptions and experience in modelling, valuations, capital or pricing at a Life Insurer or ConsultancyExperienced in Prophet and/or SAS will be advantageous.Technically and analytically strong and have good communication skills.Have 1-4 Years working experience in Life Insurance

You will have access to:

Opportunities to network and collaborateA challenging working environment that is progressive and agileOpportunities to innovate where initiative is taken and owned end to end

We can be a match if you are:

Adaptable and curiousAnalyze complex data setsThrive in a collaborative environment

Apply now if you are interested in taking the next step. We look forward to engaging with you!

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

15/01/25

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.