Consultant

• Oct 2019 - Present

Quantitative Risk Specialist

• Oct 2016 - Sep 2019

I am a senior member of the Strategic Asset-Liability Management team in the Group Treasury and Balance Sheet Management department. My role provides me with a broad overview of the OML balance sheet and an opportunity to apply knowledge gained from the banking fellowship of the Actuarial Society. My responsibilities include: - Support the development of new products with material funding and capital requirements in RSA and abroad from a financial risk perspective. Special focus on products with guaranteed features and embedded investment derivatives (with-profit, smooth bonus, guaranteed annuity, structured and protection products) - Group operating model design to facilitate central Asset-Liability Management, including development of mechanisms to facilitate risk transfer - Refine hedging programs and propose ways to optimise the programs, including consulting to the IFRS17 change programme team - Advisor to Rest of Africa entities about the management of their Financial Risk exposure - Support annual S&P credit rating processes Key Achievement: Played a pivotal role in obtaining executive approval of Funds Transfer Pricing (FTP) Framework. Led complex methodology refinement and facilitated senior management buy-in on project resulting in improved transparent decision-making, increased funding flow and reduction in most expensive funding programmes. Show less

Senior Actuarial Supervisor

• Sep 2014 - Sep 2016

- Valuing and reporting Investment Guarantee Reserves (IGRs) on Retail Affluent product range.- Consolidating, checking and reporting Retail Affluent Capital requirements for all capital regimes, including SAM, Internal Capital Model and SAP104.- Model Development Governance for models developed in C# (peer review and implementation).- Supervision of junior actuary.Key Achievement: Led an effort to improve the efficiency of stochastic modelling process. Manual and error-prone Prophet output and stochastic model calculations redesigned and integrated, leading to dramatic decrease in processing time and an increase in number of stress tests. Show less

Actuarial Specialist

• Jan 2011 - Aug 2014

- Product development; including group life, income protection, lump-sum disability, funeral and education indemnity- Development and maintenance of pricing tools- Reinsurance administration, reporting and analysis- Valuation of outstanding claims reserves and general financial reporting support- Data owner (decrement bases, models and systems)Key Achievement: Lead analyst in the development of a SQL database to support new-business team with highly competitive and data intensive Group Death Benefit quotes. Database enabled faster quotes and refinement of premium calculation methodologies. Show less

Internship

• Oct 2006 - Dec 2006

Analysis of collective investment funds. Analysis of collective investment funds.