CLOSED FOR APPLICATIONS
Group Model Risk Validation Senior Manager – Actuarial Models / Development / Actuarial Valuations / IFRS17
Closing: Feb 28, 2023
This position has expiredPublished: Feb 14, 2023 (2 months ago)
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Job Summary
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End to End validation of the Actuarial Models, reporting to Director – Group Head of Model Risk Management.
Essential Knowledge
- Indepth knowlwdge in Acturial model development
- Indepth understanding of Acturial Model developemnt best practises and regulations around it
- Indepth knowledge in the Acturial valuations and solvency calculations
- Indepth understaning of the IFRS17 requirements
- Proficiency in MS office tools
Key Critical Competencies
- University Degree in Actuarial Science or equivalent (Preference given to Second Class Upper Division & Above)
- At least 6 years experience in acturial valuations and financial reporting and Advanced progression with actuarial exams (minimum of 10).
- Conversant with emerging trends in insurance including IFRS 9 & 17.
- Effective application of industry guidelines, bank policies and relevant legal regulations to successfully meet the desired compliance standards
Responsibilities
End to End validation of the Actuarial Models, reporting to Director – Group Head of Model Risk Management.
Essential Knowledge
- Indepth knowlwdge in Acturial model development
- Indepth understanding of Acturial Model developemnt best practises and regulations around it
- Indepth knowledge in the Acturial valuations and solvency calculations
- Indepth understaning of the IFRS17 requirements
- Proficiency in MS office tools
Key Critical Competencies
- University Degree in Actuarial Science or equivalent (Preference given to Second Class Upper Division & Above)
- At least 6 years experience in acturial valuations and financial reporting and Advanced progression with actuarial exams (minimum of 10).
- Conversant with emerging trends in insurance including IFRS 9 & 17.
- Effective application of industry guidelines, bank policies and relevant legal regulations to successfully meet the desired compliance standards
- Carrying out end to end model Insurance validation exercise and create model validation documentation
- Develop alternate Model for Validation where applicable
- Validate the Acturial valuations and solvency calculations
- Provide technical expertise in IFRS17 implementation
- Manage the policies and procedures.
- Model inventory Management.
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