Ensure that valuation results are produced accurately, with appropriate supporting commentary.
Ownership of the custom-built Prophet models and other models, for calculation of liabilities, embedded value and capital for the Malawi Life entity.
Monthly management reporting, forecasting, business planning, biannual IFRS and MCEV reporting as well as capital reporting to regulators.
Calculation and/or review of regulatory and internal solvency positions for the Malawi Life entity.
Ensure that the underlying calculations that feed into bonus recommendations are produced on time and are accurate.
Business Planning / Forecasting:
Support the team that provides forecasting and ongoing monitoring (outside of valuation periods) of the financial impacts of the OMEM strategy
Support businesses in maximising growth within a robust risk framework.
Support the Malawi Life entity and the IFRS17 project team to ensure successful implementation of the new reporting standards.
Manage a small team of junior and mid-level staff that will support you in producing actuarial content for the Malawi life entity
Ensure that all actuarial processes are performed as efficiently as possible, finding and delivering continuous process improvement and standardisation opportunities as well as ensuring processes are performed with appropriate controls.
Desired Experience & Qualification
Actuarial student with 11 Actuarial exams as a minimum
Four (4) years’ experience
Ability to interact effectively with people at all levels
Ability to work with an manage a team