Old Mutual: Actuarial Graduate Accelerated Programme 2025

An exciting opportunity exists within the Corporate Actuarial team offering exposure to an interesting combination of technical and business issues. The role requires a technically sound individual to collaborate effectively with various teams and various stakeholders.

A key part of the role will be in the calculation of the group assurance valuation results and reporting processes, providing insights to the business, and ensuring appropriate reserves and capital are held. The role will also require participation in various projects, which will present opportunities to develop further insights and influence reporting within and across the various teams.
 

There will be a strong focus on ensuring processes are robust, efficient and fit for purpose, with appropriate controls.

Key Result Areas:

• Group assurance reserving, embedded value, capital and business insights: Involved in the valuation process and provide insights on the group assurance financial results and performance, while ensuring appropriate controls, including:

1. Reserving
2. Market consistent embedded value
3. Value of new business
4. Analysis of surplus and embedded value
5. Solvency capital calculations
6. Earnings at risk
7. Experience investigations
8. Development and maintenance of tools to analyze actuarial data and results in order to enhance management reporting
9. Produce reports providing insights into business results.

• Process efficiency and automation: Ensure processes are efficient, robust and fit for purpose. Ensure the control environment is adequate and effective. 
• Ad-hoc projects: Support the delivery of relevant projects objectives, as and when these arise
• Ad- hoc support to the Consolidation team: Provide support to the Consolidation team as need arise

Requirements:

• 4/5 actuarial credits
• No experience is required
• Strong technical skills and attention to detail
• Ability to communicate effectively to diverse technical and non-technical audiences (written and verbal)
• Strong stakeholder engagement skills
• Ability to collaborate effectively with others