Old Mutual Limited is hiring a Capital Reporting Analyst for an actuarial graduate position within the Group Actuarial team. In this role, you will focus on regulatory capital reporting, producing key reports, performing detailed modelling, and supporting capital-related business decisions and projects for the group.
What You'll Do
- Support the production of regulatory capital reporting for quarterly, half-yearly, and annual QRTs and external publications.
- Prepare templates and instructions for suppliers of information.
- Perform detailed review and checking of segment submissions and consolidate modelling inputs.
- Perform modelling to produce policyholder and shareholder solvency capital requirements and the iterative risk margin.
- Maintain and improve the tools used in various capital processes.
- Support capital forecasting for the annual Business Plan process and regular capital allocation updates.
- Support scenario and sensitivity testing of capital levels for ORSA and ad-hoc requirements.
- Perform analysis to assess the impact of new products or balance sheet changes on capital.
- Perform analysis to support Group Finance project team deliverables requiring capital calculations.
What We're Looking For
- Steady progress with actuarial examinations, with a minimum of 7 exam credits.
- Strong technical modelling and analytical skills.
- Strong detail orientation and the ability to see the 'big picture'.
- A motivated self-starter who shows initiative, is proactive and adaptable.
- A confident communicator with good written and verbal communication skills.
- Demonstrates good teamwork and interpersonal skills.
- Able to complete tasks within agreed timelines and work well under pressure.
- Ability to plan and prioritise effectively.
- Willingness to learn and grow.
- A high level of accountability.
- A Bachelor of Science (BSc) in Actuarial Science.
Nice to Have
- Programming skills in actuarial or statistical programming languages such as VBA, SQL, R, or Python.
Team & Environment
You will join a small team of actuarial professionals that forms part of the Group Actuarial team within Group Finance. You will report directly to the Senior Actuarial Supervisor for Capital and Regulatory Reporting.
Work Mode
This role is a local-country position located in South Africa.
The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
