Road Accident Fund (RAF)
Location: Centurion
Closing Date and Time: 3 August 2021 23h55
Purpose of the Job
Reporting to the Manager: Actuarial, the successful incumbent will be responsible to support the Manager to manage and provide actuarial service advice to the RAF business.
Key Performance Areas
Valuation of Outstanding Claims Provisions
- Assist in valuation of outstanding claims provisions.
- Assist with producing the valuation report.Developing and Management of Funding Model
- Assist development and management of Funding Model.
- Data manipulation to state of quotation of loss of earnings or loss of support benefits – especially the model input. Accident Data Management and Forecasting
- Assist in accident data capturing, analysis and reporting from different sources.
- Assist in developing models to forecast the number of accidents. Loss of Income Calculations
- Assist with calculations and checking the quotation results actuarially for reasonability. Assist with Monthly Claims Statistics for Regions and Management
- Extract data and data reports from IT claim systems.
- Assist with report compilations as and when required. Assist with Actuarial Reports to FSB
- Assist with FSB Actuarial reports.
- Assist management with calculations. Actuarial Investigations
- Assist with investigating the mortality and morbidity experience to help in setting the quotation of loss of earnings and loss of support benefits, statistical and regression analysis.
- Calculate reinsurance recoveries based on treaty terms. Qualifications and Experience
- Bachelor's Degree or Advanced Diploma @ NQF Level 7 related qualification in Actuarial Science/ Mathematics.
- Relevant 2 - 4 years' experience in an Actuarial environment.
- One (1) year must have been in Short-term or Motor Vehicle Accident. Technical and behavioral competencies required
- Organizational resilience.
- Team Resilience.
- Personal mastery.
- Judgment and decision making.
- Emotional wisdom.
- Ethics and governance.
- Customer orientation and customer focus.
- Excellent verbal and written communication skills.
- Strong Microsoft Excel, Access and MS Word skills.
- Complex problem identification, solving and decision making.
- Sound actuarial judgment.
- Strong technical background in reserving/ valuations.
- Independent and creative analysis of business results.
- Excellent analytical, problem solving and data manipulation skills. Road Accident Fund Values
- Integrity.
- Compassion.
- Accountability.
- Respect.
- Excellence. RemunerationTotal cost to company applicable to this position is minimum R502 953.00 per annum, negotiable. NB: "RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs". Applications can be forwarded to the Recruitment Officer at Eco Glades; email address is Thembelihle.recruitment@raf.co.za
INSTRUCTION TO PROSPECTIVE APPLICANTS
- Indicate the name and the reference number for the position you are applying for on the subject line
- Do not submit copies of qualifications and ID as these will be requested from shortlisted candidates on the interview date
- Submit a short CV with a maximum of 5 pages
- Please indicate your current salary and salary expectations if considered for the position. NB:
The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.
- Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful
- Security Vetting shall be conducted on all prospective employees
- It is the applicants' responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.
APPLY HERE: https://www.raf.co.za/Careers/Pages/ACTUARIAL-ANALYST-T-A-S-K-GRADE-12-.aspx
https://bit.ly/3scVFME
Location: Centurion
Closing Date and Time: 3 August 2021 23h55
Purpose of the Job
Reporting to the Manager: Actuarial, the successful incumbent will be responsible to support the Manager to manage and provide actuarial service advice to the RAF business.
Key Performance Areas
Valuation of Outstanding Claims Provisions
- Assist in valuation of outstanding claims provisions.
- Assist with producing the valuation report.Developing and Management of Funding Model
- Assist development and management of Funding Model.
- Data manipulation to state of quotation of loss of earnings or loss of support benefits – especially the model input. Accident Data Management and Forecasting
- Assist in accident data capturing, analysis and reporting from different sources.
- Assist in developing models to forecast the number of accidents. Loss of Income Calculations
- Assist with calculations and checking the quotation results actuarially for reasonability. Assist with Monthly Claims Statistics for Regions and Management
- Extract data and data reports from IT claim systems.
- Assist with report compilations as and when required. Assist with Actuarial Reports to FSB
- Assist with FSB Actuarial reports.
- Assist management with calculations. Actuarial Investigations
- Assist with investigating the mortality and morbidity experience to help in setting the quotation of loss of earnings and loss of support benefits, statistical and regression analysis.
- Calculate reinsurance recoveries based on treaty terms. Qualifications and Experience
- Bachelor's Degree or Advanced Diploma @ NQF Level 7 related qualification in Actuarial Science/ Mathematics.
- Relevant 2 - 4 years' experience in an Actuarial environment.
- One (1) year must have been in Short-term or Motor Vehicle Accident. Technical and behavioral competencies required
- Organizational resilience.
- Team Resilience.
- Personal mastery.
- Judgment and decision making.
- Emotional wisdom.
- Ethics and governance.
- Customer orientation and customer focus.
- Excellent verbal and written communication skills.
- Strong Microsoft Excel, Access and MS Word skills.
- Complex problem identification, solving and decision making.
- Sound actuarial judgment.
- Strong technical background in reserving/ valuations.
- Independent and creative analysis of business results.
- Excellent analytical, problem solving and data manipulation skills. Road Accident Fund Values
- Integrity.
- Compassion.
- Accountability.
- Respect.
- Excellence. RemunerationTotal cost to company applicable to this position is minimum R502 953.00 per annum, negotiable. NB: "RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs". Applications can be forwarded to the Recruitment Officer at Eco Glades; email address is Thembelihle.recruitment@raf.co.za
INSTRUCTION TO PROSPECTIVE APPLICANTS
- Indicate the name and the reference number for the position you are applying for on the subject line
- Do not submit copies of qualifications and ID as these will be requested from shortlisted candidates on the interview date
- Submit a short CV with a maximum of 5 pages
- Please indicate your current salary and salary expectations if considered for the position. NB:
The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.
- Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful
- Security Vetting shall be conducted on all prospective employees
- It is the applicants' responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.
APPLY HERE: https://www.raf.co.za/Careers/Pages/ACTUARIAL-ANALYST-T-A-S-K-GRADE-12-.aspx
https://bit.ly/3scVFME
Comments
Post a Comment