Makgalachumu Matlala, Management Consultant

About

I am a financial services professional who has worked for 15 years in the employee benefit space, I have worked in the retirement fund industry focusing on actuarial valuations and the annuity buyout space where I dealt mostly with large organisations aiming to optimise their balance sheets by outsourcing the post retirement obligations to insurers. I also spent 2 years working on a clean audit project for a government client.

Experience

FTMG Africa Business Advisory

Oct 2022 – Oct 2024

Pretoria, South Africa

Management Consultant and Data Analyst

Data analysis exercise to identify potential fraud by companies that claimed money from the client for relief during the COVID 19 Pandemic. Also assisted the client with audit readiness which entailed resolving prior year auditor findings, using CAATS (Computer Assisted Audit Techniques) to identify potential findings before auidt and preparation of disclosures for inclusion in the annual financial statements. Assisted the client with the design and review of the annual performance metrics.

Brace Holdings

Dec 2021 – Sep 2022

Johannesburg, South Africa

Data Analyst

Working on various data analysis projects for clients. The most important aspect of this job was ensuring the integrity of the data used for the analysis.

Liberty Corporate

Dec 2013 – Nov 2021

Johannesburg, South Africa

Actuarial Specialist

Actuarial specialist with the focus on pricing the buyout of benefit type post-retirement obligations for large organisations. Due to operating in a very competitive space the aim was to always try to strike a balance between offering competitive prices whilst maintaining profitability. Ad hoc tasks in this job included liaising with various departments including sales, administration and the reserving team.

Alexander Forbes Consultants & Actuaries

Jan 2008 – Nov 2013

Johannesburg, South Africa

Actuarial Analyst

Performing actuarial valuations of retirement funds as well as producing the reports for these actuarial valuations. Ad hoc tasks included assisting administrators with queries and performing withdrawal and retirement calculations for members leaving service.

Education

University of the Witwatersrand

Jan 2007 – Dec 2007

Bachelor of Science Honours , Actuarial Science

University of the Witwatersrand

Jan 2003 – Dec 2006

Bachelor of Science, Actuarial Science and Mathematical Statistics

Makgalachumu Matlala

Management Consultant

Skills

Languages