Actuarial Analyst / Grad

Job Description

Nedbank Recruiting

Requisition Details & Talent Acquisition Contact
100069 - Debbie Fuyani
JHB - Newtown
Career Stream
Leadership Pipeline
Manage Self: Technical
Job Purpose
To provide actuarial solutions to internal and external clients within the insurance industry; in line with Nedbanks Client Value Proposition.
Job Responsibilities
•Conduct asset manager research and selection to ensure that we have the best fund managers overseeing a given mandate.
•conduct and compile Industry research and product development to provide the most appropriate range of products to clients.
•Use quantitative and qualitative analysis to make investment recommendations and strategic decisions.
•Identify and interpret relevent information using logic to seek cause and effect relationships.
•Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
•Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
•Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
•Evaluate performance of fund/investment through regular review.
•Develop software proficiency to deliver required outputs.
•Express ideas or facts clearly in written documentation so that the content is understood by the recipient.
•Develop sound product and industry knowledge.
•Assess the impact of regulation on the business and implementing required changes.
•Interact with internal and external clients to assess needs and provide solutions.
•Provide feedback and presentations to stakeholders.
•Develop and use collaborative relationships to facilitate the accomplishment of work goals.
•Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
•Identify training courses and career progression for self through input and feedback from management.

Responsibilities + Skills

Comparing two or more sets of information Working with a group to identify alternative solutions to a problemCompleting various administrative and secretarial duties (e.g.; answering phones; making copies; filing)Managing conflict situationsSharing information in different ways to increase clients understandingCommunicating internally and externalCapturing dataChecking accuracy of reports and records.Drafting reportsBuilding and maintaining effectiv3e relationships with internal and external clientsManaging customer expectationsInteracting with diverse peopleWorking in a fast-paced environmentWorking in a teamWorking with spreadsheetsTechnical / Professional KnowledgeAdministrative procedures and systemsBanking knowledgeBusiness principlesBusiness terms and definitionsData analysisMicrosoft OfficeRelevant software and systems knowledgeBusiness writing skillsGovernance, risk and controlsBehavioural CompetenciesAdaptabilityApplied LearningCommunicationCollaboratingInnovationWork Standards


Ensure all personal development plan activities are completed within specified timeframe.Share knowledge and industry trends with team and stakeholders during formal and informal interaction.Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.


Bachelor of Science , Advanced Diplomas/National 1st DegreesMinimum Experience Level1 -3 years in the Actuarial field.

Job Summary

  • Published on: Saturday, 14th September 2019
  • Designation: Actuarial Analyst / Grad
  • industry: Finance
  • Vacancy:
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary:
  • Gender:
  • Application Deadline: Saturday, 14th September 2019

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website:
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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