Summary
Overview
Work History
Education
Skills
Timeline
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Donovan Nkomo

Actuarial Specialist
Johannesburg

Summary

Dynamic actuarial specialist with a proven track record at OnePangaea Expertise and Solutions, adept in Python Programming and showcasing strong leadership. Excelled in developing accurate models, conducting comprehensive valuations, and optimizing financial strategies. Renowned for technical communication and collaborative success in high-stakes environments.

Overview

11
11
years of professional experience

Work History

Actuarial Specialist

OnePangaea Expertise and Solutions
04.2022 - Current
  • Participated in the development and assessment of all models and reports using appropriate techniques to ensure that the data is accurate, and model processes are effective, efficient, high quality, well documented, and verifiable.
  • Wrote professional reports explaining assumptions and methodology applied.
  • Calculated and reported on damages claims - Loss of income in case of injury and loss of support in case of death.
  • Calculated and reported for future maintenance claims against deceased estates.
  • Calculated capitalisation of future medical costs (e.g., cases of medical negligence).
  • Calculating and reporting for Loss resulting from wrongdoer career disruption e.g., unlawful arrest or unfair dismissal.
  • Calculating and reporting for Divorce settlements or accrual calculations.
  • Conducting Statutory and other valuations of pension/provident funds (defined benefit and defined contributions).
  • Accounting valuations (IAS19/AC116/GRAP25) in respect to retirement and other employee benefits (eg medical subsidies, long service awards).
  • Defined benefit to defined contribution conversions.
  • Surplus apportionment arrangements.
  • Develop and maintain ethical relationships with internal and external stakeholders.

Actuarial Analyst

Jacques Malan Consultants and Actuaries
01.2022 - 12.2022

Worked as an actuarial analyst with the consultancy firm (now part of NMG Benefits). This was in partial fulfilment of my actuarial science honours degree. Duties included:

  • Capital Adequacy Determination for Life Insurers (PGN 104)
  • Post-Employment Medical Aid Liability Valuation for IAS19
  • Valuation of DB and DC Pension Funds
  • Valuation Report Presentations to clients
  • Asset/Liability Modelling
  • Section 14 Withdrawal Calculations for Pensions
  • Fund Termination Calculations
  • Ad hoc actuarial assignments and response to client queries

Junior Researcher

National University of Science and Technology, NUST
01.2014 - 12.2015

Engaged in collaborative research with NUST in conjunction with Dr. Taonaziso Chowa. Research interests included:

  • Pensions and Pensions Policy
  • Financial Economics
  • The Zimbabwe Stock Exchange
  • Statistical Methods
  • Chaos Theory

Education

Actuarial Science

Actuarial Society of South Africa
South Africa
01-2015

Bachelor of Commerce Honours Degree - Actuarial Science

National University of Science And Technology
Bulawayo, Zimbabwe
04.2001 -

Skills

Technical skills:

  • MS Office Suite
  • R Programming
  • Python Programming

Soft skills:

  • Teamwork
  • Leadership
  • Technical communication

Timeline

Actuarial Specialist

OnePangaea Expertise and Solutions
04.2022 - Current

Actuarial Analyst

Jacques Malan Consultants and Actuaries
01.2022 - 12.2022

Junior Researcher

National University of Science and Technology, NUST
01.2014 - 12.2015

Bachelor of Commerce Honours Degree - Actuarial Science

National University of Science And Technology
04.2001 -

Actuarial Science

Actuarial Society of South Africa
Donovan NkomoActuarial Specialist