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Old Mutual Graduate Accelerated Programme 2024

Old Mutual Graduate Accelerated Programme 2024

Apply Old Mutual Graduate Accelerated Programme 2024

Old Mutual Graduate Accelerated Programme 2024 Old Mutual is passionate about the African opportunity and believes in building a diverse talent base that reflects this commitment. An exciting opportunity has opened up within the Corporate Actuarial team as part of the Graduate Accelerated Programme. This position is designed to provide hands-on experience with a blend of both technical and business responsibilities, offering candidates the chance to contribute meaningfully to the firm’s success while advancing their actuarial career.

  • Location: Hybrid (Johannesburg and Pinelands)
  • Closing Date: 10 October 2024
  • Job Requisition ID: JR-59001

Old Mutual’s Corporate Actuarial team offers new entrants an excellent platform to gain invaluable experience in a fast-paced, dynamic environment. The position involves working on various actuarial tasks, including financial reporting and valuation processes, ensuring that reserves and capital are appropriately maintained. This hybrid role will offer the chance to collaborate with multiple teams and stakeholders, providing business insights that drive impactful decision-making.

Key Responsibilities:

As an Intermediate Actuarial Specialist, you will be responsible for the following:

  • Group Assurance Valuations and Reporting: Participate in the valuation process, ensuring robust financial results while maintaining adequate reserves.
  • Reserving and Embedded Value: Provide insights into market-consistent embedded values and the analysis of surplus.
  • Solvency Capital and Risk Calculations: Help calculate solvency capital, earnings at risk, and value of new business.
  • Actuarial Data Analysis: Develop and maintain tools to enhance the understanding of actuarial data and improve reporting efficiencies.
  • Process Efficiency: Ensure that actuarial processes are efficient, automated, and well-controlled.
  • Ad-hoc Projects: Assist with special projects that provide further opportunities for growth and business insight.
  • Support to the Consolidation Team: Offer support to other actuarial teams as needed.

Requirements:

  • Education: Bachelor’s degree in actuarial science or a related field.
  • Actuarial Credits: 4-5 actuarial credits completed.
  • Experience: No prior experience is required, making this the perfect entry-level opportunity.
  • Skills: Strong technical ability with attention to detail, excellent communication skills (both written and verbal), and effective collaboration with various teams and stakeholders.
Competencies You’ll Need:
  • Strategic Thinking: Ability to see the big picture and contribute to long-term business goals.
  • Innovation: A mindset that drives creative problem-solving and process improvements.
  • Leadership & Influence: Capability to lead projects and influence outcomes positively.
  • Collaboration: Work effectively with cross-functional teams.
  • Customer-Centric Approach: Put customer needs first in all business processes.
  • Execution: Deliver tasks on time and with high quality.
  • Personal Mastery: Strive for continuous self-improvement and professional development.

SEE ALSO: ABSA Quantum Leap Graduate Programme 2024

Ready to Accelerate Your Career?

If you are looking to launch your actuarial career and gain exposure to a diverse set of business challenges, this programme at Old Mutual is a great stepping stone. The role will provide you with the opportunity to apply your technical knowledge, collaborate across teams, and contribute to meaningful projects.

Application Deadline: 10 October 2024
Submit your application today and become part of a company committed to helping shape Africa’s future.

Click Here to Apply