Dani Freidus

Johannesburg, Gauteng, South Africa

Member since August 3, 2017

Dani is a qualified actuary (FASSA) and worked as a consultant for PwC and Alexander Forbes. He recently started his own actuarial firm which gives him the flexibility to freelance and to apply his actuarial skills to a wider range of problems. Dani has built models and reports for a number of the biggest banks and listed companies in South Africa.

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Career Highlights

Actuary, Founder
Five2two Actuaries
Actuary, Senior Actuarial Analyst
Alexander Forbes
Consultant
PwC

Education

Bachelor's degree (Hons.)
Wits University
Bachelor's degree
Wits University

Select Certifications

Fellow of the Actuarial Society of South Africa
Actuarial Society of South Africa

Case studies

Retirement Benefit Valuation Model
- DCF Valuation
- Actuarial
- Modeling
- Excel Modeling
- Employee Benefits
- Statistics
- Pensions
Employee Benefit Valuation Report
- Actuarial
- Employee Benefits
- Pensions
- Valuation
- Reporting
- IFRS
- IAS 19
- FAS 158
- Discounted Cash Flow (DCF)
- Presentations
- White Papers
Three-statement Financial Analysis
- Financials
- Company Analysis
- Manufacturing
- Consumer Products
- Strategy
- Three Statement Operating Model
- Budget Modeling
- Forecasting
- Excel Modeling
- Microsoft Excel
- Financial Forecasting
Company Analysis Presentation
- Presentations
- Board Presentations
- Financial Presentations
- Executive Presentations
- Financial Statement Analysis
- Financial Analysis
- Financial Advisement
- Cost Efficiency
- Cost Management

Industry Expertise

Banking & Finance
Financial Services

Other Expertise

Actuarial
Africa
Defined Benefit Valuations
Discounted Cash Flow (DCF)
Financial Asset Impairment Models
Modeling

Employment

Actuary, Founder
2017 - PRESENT
Five2two Actuaries
- Built discounted cash flow models incorporating employee turnover, mortality, and other statistical features to value employee benefits.
- Developed standard valuation reports which are used to detail the results of valuations and analyses performed.
- Built a property valuation model to calculate the NPV and IRR for any property.
- Designed and stood up the company website.
Focus areas: Employee Benefits Valuations, Data Analysis, Business Development, Actuarial, Pensions
Actuary, Senior Actuarial Analyst
2015 - 2017
Alexander Forbes
- Valued and determined accounting disclosures for dozens of defined-benefit employee benefit schemes for companies' financial statements. Clients included many of the largest listed companies in South Africa.
- Valued over a hundred loss of support and loss of earnings claims of people involved in accidents.
- Built an automated membership data checking model.
- Initiated a department-wide efficiency drive to improve processes and standardize models.
- Created a model for a large financial services firm to assist them in changing the remuneration structure for their employees.
- Built a model for a large media company to launch an emergency savings fund for their employees.
Focus areas: Employee Benefits Valuations, Damages Quantum Valuations, Financial Modeling, Employee Benefits Consulting, Data Analysis, Actuarial, Pensions
Consultant
2014 - 2015
PwC
- Developed a custom model to calculate the future employee benefits costs for an African Defence Force.
- Rebuilt models for three of South Africa's largest banks to determine the provisions to be held for defaults against their loan books under IAS 39.
- Built a model to quantify the increase in pension costs resulting from a change to a remuneration structure for a large state-owned entity.
- Designed a number of custom technical reports detailing the findings of work performed.
- Audited discounted cash flow models, including capital project financial models in the renewable energy sector.
- Assisted in auditing a number of long and short-term insurers and pension funds.
- Analyzed data from a survey of insurance company executives throughout Africa.
- Helped compile a number of tenders to perform work for large state-owned enterprises.
Focus areas: Financial Model Auditing, Banking Credit Models, Employee Benefits Valuations, Financial Modeling, Insurance Company Auditing, Actuarial

Other Experience

The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method (Publication)
https://www.toptal.com/finance/valuation/actuarial-valuation
Traditionally confined to the realms of insurance and pensions, actuaries are now branching out into the wider business world. The long-termist and statistical approach of actuarial science makes it an invaluable tool for recurring income businesses. This article looks at how, showing examples of usage within customer lifetime value and human resources.

Education

Bachelor's degree (Hons.) in Actuarial Science
2012 - 2012
Wits University - Johannesburg
Bachelor's degree in Actuarial Science and Statistics
2009 - 2011
Wits University - Johannesburg

Certifications

Fellow of the Actuarial Society of South Africa
JANUARY 2017 - PRESENT
Actuarial Society of South Africa