Apply Liberty: Actuarial Graduate 2024 Opportunities
Liberty: Actuarial Graduate 2024 Applications for Liberty’s Actuarial Graduate Intake for 2025 are now open! Over the past six years Liberty; the Insurance and Asset Management Business Unit of the Standard Bank Group, has recruited about 120 Actuarial Graduates that have been successfully integrated across our Group. Actuarial Talent is a core skill to the Liberty business and thus multiple positions within our Exco are held by Actuaries. We invite you to join our next cohort of exceptional young actuaries; looking to make your own dent on the universe.
- Date: 24 May 2024
- Location: GT, ZA
Minimum Experience
0 – 1 year experience in a similar environment
Minimum Qualifications
Actuarial Science Graduate studying towards Honours in Actuarial Science in 2024
Outputs
Process
- Apply relevant research methodologies, tools and techniques to effectively and purposefully gather information.
- Provide specialist advice and support in area of accountability to ensure that identified solutions and recommendations are appropriate and effective.
- Perform required actuarial and other analyses for management reporting, and make recommendations to support these analyses.
- Stay abreast with latest actuarial development tools and techniques in order to conduct analysis in an informed manner.
- Accountable for the execution of specialised work including the improvement of quality, standards and outputs within defined work routines and operating procedures.
SEE ALSO: Standard Bank May 2024 Learnership Opportunities
- Proactively solves problems, determines root-cause and applies solutions in line with guidelines and providing the necessary information to solve problems related to area of specialisation.
- Plan for own task execution and advises on improvements related to area of specialisation.
- Completes actuarial tasks that are relatively granular with detailed output requirements defined
- Performs data checking and validation work
- Applies analytical tools and techniques, including model building, to solve actuarial problems
- Adheres to spreadsheet standards and maintains audit trails.
- Builds a basic understanding of general actuarial insurance knowledge, e.g. statutory reserving and capital requirements, IFRS reporting, product pricing etc.
- Builds a basic understanding of company specific knowledge, e.g. product knowledge, company structure, business rules, policies, processes etc.
Customer
- Ensure own understanding and adherence to customer service delivery and Treating the Customer Fairly (TCF) principles to provide specialist support and guidance.
Finance
- Adhere to specified standards, policies and procedures to prevent potential losses/wastage related to the area of specialisation.
Learning and Growth
- Interact proactively with others for the purpose of continuous knowledge sharing; and integration of own new knowledge.
- Contribute positively to own area-specific knowledge improvement associated with area of specialisation.
- Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
Governance
- Comply to set governance and compliance procedures and processes related to an area of work and continuously identify, rectify and escalate risks where necessary.
- Adheres to Actuarial Guidance Notes and any other applicable regulations.
Competencies
Technical Competencies
- Research and Information Gathering (Basic)
- Quantitative Skills (Intermediate)
- Modelling (Basic)
- Statistical and Mathematical Analysis (Intermediate)
Behavioural Competencies
- Professional/Technical learning (Basic)
- Organisation and Attention to Detail (Basic)
- Interpersonal Effectiveness (Basic)
- Problem Solving and Analysis (Basic)
- Teamwork and Cooperation (Basic)
- Relationship Management and Networking (Intermediate)
- Customer Orientation (Basic)
SEE ALSO: SAMRC: Research Internships 2024
How to Apply?