Qualified actuary, with preference of experience in the life insurance sector
Experience of Life insurance products would be an advantage
Duties & Responsibilities
Senior Consultant: Product Management
Cape Town
In this role you will be focussed on helping businesses succeed, by
Solving business problems using technical actuarial skills;
Providing input in the development and doing the pricing of modern, innovate products and;
Applying product risk management services including Reinsurance.
Under limited supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits.
Other duties include collecting data from various databases and performing complex mathematical calculations.
Pricing of and obtaining actuarial approval for individual life and employee benefit products.
Liaising with relevant stakeholders in the business, with the aim of helping them to launch products which are financially sound, which address real client needs and which doesn’t expose the business to undue risk
Documentation of results and supporting the Actuarial valuations and development teams with the model implementation of new products
Carrying out ad-hoc tasks and investigations to understand profit drivers of products
Management of relationship with the Retail Mass cluster
Desired Experience & Qualification
Qualified actuary, with preference of experience in the life insurance sector
Experience of Life insurance products would be an advantage
Proficiency at MS Office and Prophet, or willingness to learn
Good verbal and written communication skills to manage relationships with business stakeholders
Strong analytical and conceptual thinking
Ability to work independently, take initiative and meet deadlines
Actuarial problem solving
Issues management
Business knowledge
Business analysis
