Junior Actuarial Analyst

### **Empowering Africa’s tomorrow, together…one story at a time.** With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. **Job Summary** Overall job purpose To provide specialist actuarial support that enables sound commercial advice through the application of probability & investment theory and related statistical tools and the execution of predefined objectives as per agreed standard operating procedures to support sound management of business performance and financial risk. **Job Description** **Key accountabilities** Perform basic actuarial production processes under direct supervision, to support sound management of business performance and financial risk. Processes may include: **Analytics and financial reporting** to ensure accurate financial reporting and support management decision making: \- Preparation and analysis of data as inputs to actuarial calculations such as reserving \- Production of management information \- Production of experience analyses as an input for basis setting / pricing exercises **Product development and management** to enable business performance and drive customer value, including: \- Production of competitor and technical product analysis as an input to product design \- Formulation of product specifications **Running models** to ensure accurate financial reporting and support management decision making at a basic level, for inputs to processes such as reserving or business case modelling **Education** Bachelor's Degree: Actuarial Science _Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank._ _Absa Bank Limited reserves the right not to make an appointment to the post as advertised_