{"id":56139,"date":"2020-07-30T23:28:59","date_gmt":"2020-07-30T21:28:59","guid":{"rendered":"https:\/\/joblistsouthafrica.com\/?p=56139"},"modified":"2020-07-30T23:28:59","modified_gmt":"2020-07-30T21:28:59","slug":"assupol-life-ongoing-recruitment-apply-now","status":"publish","type":"post","link":"https:\/\/joblistsouthafrica.com\/assupol-life-ongoing-recruitment-apply-now.html","title":{"rendered":"Assupol Life Ongoing Recruitment- Apply Now!"},"content":{"rendered":"

The Company offers insurance products such as car, house, sport, funeral,\u00a0life<\/em>, and group insurance.\u00a0Assupol Life<\/em> also offers investment and retirement accounts, wills and estates, and saving and investments plans. Purpose\u00a0 of job is to ensure the accuracy and reliability of the products and systems from an actuarial perspective.<\/p>\n

 <\/p>\n

Job Title: Specialist(Actuarial Services)<\/strong>
\nLocation:<\/strong> Menlyn, Gauteng, South Africa
\nReference:<\/strong> # SAS
\nContract Type:<\/strong> Permanent
\nSalary:<\/strong> Market Related<\/p>\n

Duties & Responsibilities:<\/strong>
\n1.Maintain optimal system accuracy and performance from a values and functionality perspective
\n\u2022Provide specifications to IT team on programs used to administer business
\n\u2022Implement and test automation of system programs for correctness and conduct audits on the administration system
\n\u2022Assist with automation and integration of other Assupol Group divisions on the administration system
\n\u2022Report to management
\n\u2022Provide accurate and easily accessible information for optimal client servicing (TCF)
\n2.Contribute to product development
\n\u2022Contribute to in-house pricing
\n\u2022Research of new market developments.
\n\u2022Compare pricing & design of products with competitors
\n\u2022Test quotation packages for new products (and product reviews)
\n\u2022Assist in the development of application forms, sales aids, premium calculators, marketing material and other product material used by Sales (in compliance with legislation and ASISA Codes)
\n3.Maintenance of reinsurance treaties
\n\u2022Provide data and information to reinsurers for special projects
\n\u2022Compile and submit reinsurance data and premiums to reinsurers on a monthly basis
\n\u2022Validate profit-share calculation from reinsurers
\n\u2022Maintain relationship with current and potential future reinsurers
\n4.Monitoring of actuarial valuation data
\n\u2022Monitor the correctness of actuarial valuation data
\n\u2022Assist IT in the preparation of systems that generate actuarial valuation data
\n\u2022Assist with implementation of Valuation Report recommendations
\n5.Provide professional input & support to the Group (amendments & general advice)
\n\u2022Answer client queries of a technical nature that was escalated to Actuarial Support
\n\u2022Attend to ombudsman queries of a technical nature
\n\u2022Validate and audit amendments to policies where actuarial support is required
\n\u2022Assist with values and product related queries from other Assupol departments (letters to be written, values queries and tax directive management)
\n6.Updating of financial transactions
\n\u2022Implementation of investment portfolio returns on the administration system
\n\u2022Perform calculations of the assets held against unit accounts for rebalancing
\n7.Monitoring of in-force business
\n\u2022Monitor and analyse in-force data
\n\u2022Perform experience analysis to confirm lapse assumptions and mortality\/morbidity assumptions
\n8.Administration of the Carefree Life Retirement Annuity Fund
\n\u2022Produce annual RA certificates for mailing to clients
\n\u2022Validate the correctness and submission of tax directives to SARS on claims
\n\u2022Compilation and submission of documents and monitoring of Section 14 transfers
\n\u2022Submission of SARS, SARB and other regulatory reports
\n\u2022Compilation of the report for the quarterly Carefree Life Retirement Annuity Fund Trustee Meeting<\/p>\n

Requirements<\/strong>
\n1. Formal Education
\n\u2022B Degree Actuarial Sciences
\n\u2022Progress with Actuarial Exams
\n\u2022Any 4 CT exams
\n2. Experience
\n\u20222 – 3 years\u2019 experience in long term insurance
\n3. Knowledge
\nLegislation
\nCode of Conduct ASSA<\/p>\n

To apply<\/strong><\/p>\n

Click Here!<\/strong><\/a><\/p>\n

Application Deadline: <\/strong>14\/08\/2020<\/p>\n","protected":false},"excerpt":{"rendered":"

The Company offers insurance products such as car, house, sport, funeral,\u00a0life, and group insurance.\u00a0Assupol Life also offers investment and retirement accounts, wills and estates, and saving and investments plans. Purpose\u00a0…..<\/p>\n","protected":false},"author":1353,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2291],"tags":[1683],"jetpack_publicize_connections":[],"yoast_head":"\nAssupol Life Ongoing Recruitment- Apply Now! - Jobs in South Africa 2024<\/title>\n<meta name=\"description\" content=\"The Company offers insurance products such as car, house, sport, funeral,\u00a0life, and group insurance.\u00a0Assupol Life also offers investment and retirement\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/joblistsouthafrica.com\/assupol-life-ongoing-recruitment-apply-now.html\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dozie Nze\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/joblistsouthafrica.com\/assupol-life-ongoing-recruitment-apply-now.html\",\"url\":\"https:\/\/joblistsouthafrica.com\/assupol-life-ongoing-recruitment-apply-now.html\",\"name\":\"Assupol Life Ongoing Recruitment- Apply Now! 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