Senior Actuarial Specialist – Product Pricing – Parktown

Gauteng, Full Time Deadline: Aug 10, 2023

As the Senior Actuarial Specialist – Product Pricing, you will be reporting into the RML: Head of Actuarial, you will be responsible for the development and maintenance of life pricing models and providing actuarial support and insights to the Life business. An integral part of the role will also be supporting business with insights and producing reports for the executive and various committees.

WHAT WILL YOU DO?

Actuarial business support to RML
Provide insights on various actuarial metrics to the executive and management team
Assist in product development and pricing modelling process and implementation
Develop and maintain and pricing models
Reporting and stakeholder management
Manage relationships within the company and with stakeholders
Prepare and submit monthly reports of the Key Performance indicators for the actuarial reporting function
Monitor actual to expected on a monthly basis
Monthly reporting of risks on risk register
Effectively assess and report on problem areas
Regulatory compliance
Ensure that all work performed in terms of required standard and regulation
Ensure that all company policies and procedures are adhered to
Ensure timely submission of various periodical reports
Mentor, supervise and train staff
Assist, participate in or provide related support for any ad hoc projects as and when required

WHAT YOU'LL BRING TO THE TABLE?

Actuarial degree
Progress towards actuarial exams – 8-10 Technical Actuarial Exams, preferably:

CA1
A301
A311

5 years experience
Previous life insurance experience
SAM reporting experience
Life and group life product and pricing experience and models

 

Skills: