Actuarial Analyst at Discovery Limited

Key Purpose

The focus of the role will be to assist with claims reserving, experience monitoring as well as various regulatory capital submissions and ad-hoc investigations and projects. The role involves exposure to a wide range of areas such as underwriting, claims, legal, finance and wider operations

Areas of responsibility may include but not limited to

• Estimation and refinement of monthly reserving calculations
• Monitoring monthly experience (e.g. claims, premiums) to understand trends
• Assistance with regulatory submissions on solvency and capital
• Process improvement and model development
• Other strategic ad-hoc projects (e.g. operational predictive modelling)
• Writing reports for and presenting to the Discovery Insure Actuarial Committee
• Creating presentations for Discovery Insure Board and EXCO

Behavioural Attributes and Skills

• Microsoft Office (Advanced)
• Programming Skills: SQL, R and/or Python (Intermediate)

Knowledge

• Short term insurance experience
• Actuarial reserving, Capital Modelling and/or Pricing 

Qualification

• Matric (Essential)
• Honours degree in Actuarial Science (Essential)
• AMASSA (Essential) or FASSA (Advantageous)

Experience

• Minimum of 2 years experience