Manager Risk Department

Dawning Truth

📍 Umhlanga, KwaZulu-Natal, South Africa

Permanent Operations Specialties Managers

Job Description

Leading Financial Institution seeks motivated analytical individual to manage their dynamic actuarial team. This role is long term insurance industry. As such, the person must be responsible for determining an implementing the full insurance risk strategy and this will ensure the company complies with the SAM legislation. The individual will need to execute all necessary changes in business to ensure that the company complies with the new governances. Full Actuarial certification with exposure to SAM Solvency II essential.

As such all activity will take place in this context:

  • Understanding internal rating for capital adequacy purposes.
  • Defining the output required from the internal capital model together with the validation and governance thereof
  • Understanding of new risk management policies.
  • Documenting of new risk management policies.
  • Revision of current risk management policies where applicable
  • Understanding IRB...
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