Actuarial Analyst - Product

Recruiter
Avbob
Location
Pretoria CBD, South Africa
Salary
Competitive salary
Posted
20 Sep 2019
Closes
25 Oct 2019
Ref
2333770
Job role
Accountant
RESPONSIBILITIES INCLUDE:
Product development of new products for both the individual and group scheme market.
Product pricing of new products for both the individual and group scheme market.
Monitoring and management of existing products to ensure their ongoing actuarial
soundness and profitability.
Involvement in the end-to-end roll-out of new products and product enhancements.
Providing technical expertise to business and support to the Sales and Operations
Departments.
Maintaining awareness of competitor products, the current regulatory and general business
operating environment to support the product development strategy of business.
Assisting management in analysing, supplying and translating information on key areas of
business performance.

QUALIFICATION REQUIREMENTS FOR THIS POSITION:
Appropriate tertiary qualification in Actuarial Science.
Good progress towards qualification as an actuary, having completed the Part A1 and Part
A2 technical subjects and having at least attempted the Actuarial Risk Management (A301)
exam from ASSA or the equivalent of another international recognised actuarial body (eg
IFoA).

EXPERIENCE AND KNOWLEDGE REQUIRED FOR THE POSITION:
At least 4 years relevant experience in the financial services industry.
Life insurance product development and pricing is preferred.
Thorough experience with Prophet is required.
Experience with DCS, SQL, VBA will be advantageous.

COMPETENCIES REQUIRED FOR THE POSITION:
Good understanding of actuarial modelling principles.
Strong analytical and problem solving skills.
Checking results for reasonability.
Being able to communicate results.
Self-starter with the ability to work independently.
Goal-orientated with an ability to perform work efficiently.
Deadline-driven and the ability to work under pressure.
Ability to work on wider team projects as well as taking ownership of individual
projects.
Relationship management with internal and external parties.