Intermediate Actuarial Specialist

About

Description

The Actuarial Value Management team is responsible for pricing, reinsurance, and experience investigations of new and existing retail protection propositions across Retail Mass and Retail Affluent Segments in South Africa. The role will support developing and pricing retail protection products in Old Mutual Africa Regions (OMAR) and collaborating with stakeholders across different business functions.

Responsibilities

• Complete and review business cases, product design specifications, and pricing models
• Develop and adapt pricing models for retail protection products
• Monitor and analyze product performance, including experience investigations
• Support reinsurance strategies, modeling, and contract management
• Engage with stakeholders in IT, Legal, Sales, Finance, and Operations for product implementation
• Provide consultative support for risk management and compliance

Qualifications

• Actuarial student progressing well with Actuarial Exam Credits (recent graduate or less than two years’ work experience)
• Actuarial work experience would be an advantage
• IFRS 17 knowledge would be an added advantage
• Knowledge of customer needs met by retail protection products
• Proficiency in Microsoft Office 365 apps (advanced Excel and VBA required)
• Coding, Access, SQL, R, and Prophet experience would be an added advantage

Application instructions:

• Click on the 'Apply Now' button