Purpose of the job<\/p>\n
\tThe primary focus of the actuarial function is to contribute to the successful delivery of the business strategy by providing insightful actuarial analysis, whilst also fulfilling its regulatory responsibilities and ensuring policyholders\u2019 interests are adequately protected.
\n\tThe Capital Manager supports the Head of Capital Management to deliver the capital operations within the actuarial function.
\n\tThe main focus of the role is on developing and embedding a capital management framework, including asset and liability management, and driving continuous process improvement.
\n\tThere is a need to transform the function to be more insight led through better use of technology, automation and more sophisticated analytical techniques.<\/p>\n
Key Responsibilities<\/p>\n
Data<\/p>\n
\tSupport the development, updating and maintenance of capital management data sources within Actuarial to ensure the data remains appropriate, accurate and complete, including carrying out appropriate validation checks.
\n\tIdentify opportunities and suggest improvements to make better use of data and produce more insightful actuarial analysis.<\/p>\n
Risk & Capital<\/p>\n
\tSupport with the design and implementation of an appropriate investment strategy to maximise returns within an agreed market risk appetite framework.
\n\tMonitor investment performance and work with the Investment team and Group Treasury team to ensure the strategy is executed effectively.
\n\tSupport the implementation and embedding of an effective asset & liability management framework, including matching interest rate risk, currency hedging, etc.
\n\tSupport the production of a detailed capital plan on a quarterly basis, including projecting SII balance sheets and solvency capital requirements as part of the ORSA.
\n\tSupport with developing and embedding an effective return on capital (RoC) framework, including working with the lines of business to agree a manageable and effective way to calculate the RoC for new and existing insurance deals.
\n\tSupport with producing recommendations on capital optimisation relating to reinsurance purchases, investment strategy, new business strategy, shareholder dividends, etc.
\n\tSupport with risk management activities, including designing, building and operating scenario modelling tools to assist with the ORSA.
\n\tSupport with the production of documented capital management outputs for sign-off by the Chief Actuary, any relevant committees, and the external auditors (as required).<\/p>\n
Reserving<\/p>\n
\tSupport the quarterly and year-end calculation processes, including providing peer review of analysis when required.<\/p>\n
Other<\/p>\n
\tMentor and manage team members, including hiring, training, performance management and quality assurance of their work.
\n\tAutomate processes relating to data preparation and transformation, data visualisation, reporting, etc and generate concise summary dashboards to share with the business.
\n\tSupport with reinsurer requests for data and respond to queries promptly.
\n\tEnsure professional qualifications and any CPD requirements are adequately maintained.<\/p>\n
Knowledge, skills and experience required<\/p>\n
\tA nearly \/ newly qualified actuary or qualified by experience.
\n\tSignificant non-life capital experience.
\n\tAn analytical mindset, commercial awareness and strong written and verbal communication skills.
\n\tAn ability to work proactively and autonomously to take ideas from proof of concept through to delivery.
\n\tAble to deputise for the Head of Capital Management where required.<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( N \/ A ) or<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"","_company_name":"Collinson","_company_website":"http:\/\/N%20\/%20A","_company_tagline":"Collinson is the global, privately-owned company dedicated to helping the world to travel with ease and confidence.\u202fWe work with the world\u2019s leading payment networks, over 1,400 banks, 90 airlines and 20 hotel groups worldwide.","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[15],"job-types":[34],"class_list":["post-14668","job_listing","type-job_listing","status-expired","hentry","job_listing_region-western-cape","job-type-full-time-hybrid"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/14668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=14668"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=14668"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=14668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}