Head Of Modelling (actuarial): Life Insurance

Absa Bank Limited

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Actuarial valuations and reporting
Prophet software expertise
Life assurance products knowledge
** Absa Bank Limited is seeking a Head of Modelling for its Life Insurance division, responsible for managing actuarial models used for valuations and reporting. The ideal candidate will possess extensive actuarial expertise, particularly in Prophet software, and have a minimum of seven years of relevant experience. **

Job Summary

  • Overall responsibility for Absa Life’s Actuarial models used for actuarial valuations, and reporting purposes (IFRS, SAM and Embedded Value).
  • Provide oversight, direction and management to the modelling team and implement model developments in accordance with Absa’s governance framework.
  • Identify and implement initiatives to improve efficiency of prophet modelling including run times and explore alternative modelling platforms.

Matching Summary

Match Score: 75

** Absa Bank Limited is seeking a Head of Modelling for its Life Insurance division, responsible for managing actuarial models used for valuations and reporting. The ideal candidate will possess extensive actuarial expertise, particularly in Prophet software, and have a minimum of seven years of relevant experience. **

Skills & Requirements

Must-have

  • Actuarial valuations and reporting
  • Prophet software expertise
  • Life Assurance products knowledge
  • Experience variance investigation

Nice-to-have

  • Improve Prophet modelling efficiency
  • Explore alternative modelling platforms
  • Relationship management with software provider

Key Requirements

  • Qualified actuary
  • Minimum 7 years work experience
  • Bachelor`s Degrees and Advanced Diplomas

Work Rights

Not specified

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