Actuarial Analyst - Discovery Life at Discovery Limited

Key Purpose

The primary element of this role is to provide support to the Conservation (Retentions) Strategy team by completing data extraction and analysis, which informs strategy development and implementation.

Areas of responsibility may include but not limited to

• Extract data and analyze to determine key trends in Distribution, product take-up, lapses, Vitality engagement and other areas
•  Brainstorming and researching new and emerging fields to provide input for innovative solutions
• Utilize technical product knowledge, including understanding of competitors, to identify business opportunities
• Motivate and support Conservation (Retentions) related initiatives within different prioritization forums, drive implementation thereof in a timely and effective manner
• Set up and check monitoring to determine effectiveness of strategy; to determine updates to current strategies and drive further strategies

Education and Experience

Essential:

• Matric with Mathematics
• Relevant Bachelor’s/Honours degree in Actuarial Science from an accredited institution
• At least 6 or more exams passed
• At least one year of working experience as an Actuarial Analyst in the Life Insurance industry

Advantageous:

• Qualified Actuary
• At least 6 months of working experience as an Actuarial Analyst in the Financial Services Industry
• One to two years’ post-qualification experience as an Actuary within the Life Insurance industry

Technical Skills and Knowledge

Essential:

• Proficiency in MS Word, MS Excel and MS Outlook
• Effective communications skills
• Strong data analysis skills
• Problem Solving skills

Advantageous:

• Knowledge of the Life Insurance market
• Experience in coding, monitoring and reporting

EMPLOYMENT EQUITY   
                             
The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.