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)