Group Assurance Reporting Supervisor

Your time is now to be your exceptional best at Old Mutual!

Job Description

An exciting opportunity exists within the Corporate Actuarial team offering exposure to an interesting combination of technical and business issues. The role requires a technically sound individual, who can manage and coach team members, and collaborate effectively with various teams and stakeholders at all levels.

A key part of the role will be taking ownership of the group assurance valuation and reporting process, providing management insights to the business, and ensuring appropriate reserves and capital are held.

The role may also require participation in various projects, which will present opportunities to develop further insights in the group assurance products. There will be a strong focus on ensuring processes are robust, efficient and fit for purpose, with appropriate controls.

Key Result Areas:

• Group assurance reserving, embedded value, capital, and business insights: Oversee the valuation process and provide insights on the group assurance financial results and performance, while ensuring appropriate controls, including:
• IFRS 17 Reserving
• Market consistent embedded value
• Value of new business
• IFRS 17 Analysis of surplus and embedded value
• Solvency capital calculations
• Earnings at risk
• Experience investigations
• Actuarial modelling
• Development and maintenance of tools to analyze actuarial data and results to enhance management reporting.
• Produce reports providing insights into business results and emerging trends.
• Process efficiency and automation: Ensure processes are efficient, robust, and fit for purpose and well documented. Ensure the control environment is adequate and effective.
• Provide mentorship and leadership to a small team of actuarial students.
• Ad-hoc projects: Support the delivery of relevant projects objectives, as and when these arise.
Requirements:
• Qualified Actuary
• Substantial actuarial experience
• Strong technical skills and attention to detail
• Ability to communicate effectively to diverse technical and non-technical audiences (written and verbal)
• Experience leading a team.
• Strong stakeholder engagement skills
• Ability to collaborate effectively with others
Competencies:
• Managing Tasks
• Upholding Standards
• Checking Things
• Interpreting Data
• Articulating Information
• Meeting Timescales
• Proving Insights
• Producing Output
• Empower with care.
• Evolve with Agility
• Deliver Strategic Value
The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question

Skills

Ad Hoc Projects, Analytical Thinking, Communication, Management Reporting, People Management, Reporting Processes, Teamwork

Education

Bachelors Degree (B): Actuarial Science (Required), Fellow Of Actuarial Society Of South Africa (FASSA)

Closing Date

06 May 2023

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutuals Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.