Purpose of the Job:Â

• To provide actuarial support in analysing returns submitted in terms of the Pension Funds  Act, 1956.

Key Performance Areas:

• Reviewing and analysing the following, and where necessary, make recommendations:
• Extension applications
• Valuation exemption applications
• Statutory actuarial valuation reports
• Surplus applications
• Stakeholder complaints
• 15E, 15J and 15K applicationsÂ
• Providing support to other Departments within the FSCA, in particular the Pensions Division; and
• Involvement in ad hocÂprojects

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: Computer literacy and excellent communication skills; Problem solving skills and ability to perform under pressure without compromising quality; and ability to work in a team.

Requirements

• The incumbent must hold a Bachelor’s Degree in Actuarial Science, currently pursuing studies and has ideally passed, or been exempted from at least six of the A-series subjects of the Actuarial Society of South Africa.
• Credit will also be given for passes in any of the more advanced subjects.
• The candidate must have at least 2 to 4 years working experience.
• Experience in the retirement fund field and/or data analysis would be an advantage.