Job Purpose: To assist in the production of Actuarial reports to enable management to make informed financial decisions and comply with regulatory requirements.
To assist management in the production of accurate and timely Actuarial Reports - these reports include but are not limited to: profit testing; determining reserves; capital requirements; experience studies; projection and planning and embedded value.
Assist in the pricing and design of new products and review of pricing for existing products to ensure that new business is written on profitable terms and complies with corporate pricing standards.
Assist with the determination of Solvency II liabilities to ensure that valuation controls are maintained, the amount is adequate and corporate policy is implemented.
Assist in the analysis of reserve and capital requirement movements and earnings, including a commentary.
Assist in the capital calculation (MCCSR / LICAT or Solvency II capital).