Actuarial Analyst at Discovery Limited

Key Purpose

Support the Head of Actuarial and Head of Franchise with the successful implementation and management of Vitality core and integrated products in various international markets. Ability to build and manage good relationships with key stakeholders from insurance partners.

• Working with new and existing partners to design, price and rollout core Vitality and integrated insurance products
• Monitor existing partners’ experience and provide guidance on how to improve experience
• Proactively assist with new ideas or strategies to improve the Vitality offerings in existing markets
• Be involved in the technical development of new central products and propositions that will add value in partner markets
• Providing input into the business cases and commercial agreements with potential new and existing partners

Areas of responsibility may include but not limited to

• Working together with insurance market teams to design and price Vitality core and integrated product offerings
• Analysing experience and data generated from existing partnerships in order to monitor Vitality and existing integration features in our partner markets
• Working with internal and external datasets to assist with assumption setting for core Vitality and integrated products across the markets
• Packaging and presenting work to key stakeholders in partner insurance businesses
• Working together with existing partners to expand Vitality offerings and illustrate the expected profits to be generated as well as assist with the pricing thereof
• Develop and price product propositions that can be taken to partner markets to generate additional revenue and improve the overall Vitality offering in our partner markets.

Personal Attributes And Skills

• Excellent negotiation, communication and presentation skills
• Strong technical modelling skills
• Complex problem-solving ability
• Decision-making and initiating action
• Ability to influence and manage external relationships in a professional manner

Education And Experience

• Nearly or newly Qualified Actuary.
• 1 – 3 years’ experience, preferably with an understanding of Discovery products, experience and integration with Vitality
• Experience in Actuarial Modelling, profit testing, data analytics, problem solving, mathematical and statistical reasoning will be an advantage