Actuarial Specialist - Bellville at Momentum Metropolitan Holdings Limited

Requirements

• Degree in Actuarial Science
• Honours Degree in Actuarial Science (preferred)
• Completed all Foundation and Intermediate Technical exams - ASSA A100 and A200 series exams (previously known as CT’S)
• Minimum 2 years actuarial experience
• Exposure to Financial Services industry
• Experience with Actuarial software (preferred)
• Long-term insurance product pricing and modelling experience (preferred)

Duties & Responsibilities

• Develop and maintain protection solutions (funeral, life, disability, critical illness, healthcare, etc.) for individual clients as well as groups.
• Conduct business viability studies and solution designs.
• Analyse and research opportunities in the market in order to develop new products or streamline existing product offerings.
• Collaborate and build relationships.
• Conduct behavioral and predictive modelling in support of client engagement and retention strategies.
• Perform financial modelling and assess the financial impact of solutions.
• Maintain financial model, including projection of income and expenses, of business across all segments.
• Set key assumptions and measure the appropriateness of these assumptions over time.
• Ensure the viability of solutions by pricing new solutions and reviewing rates of existing solutions.
• Interact and collaborate with technical and business stakeholders to identify data sources.
• Gather data and information from various sources, analyse results and interpret patterns and trends.
• Once data has been gathered and interpreted, report back what has been found in an easily accessible and accurate manner, which supports consistent and informed operational, tactical and strategic business decisions.
• Be pro-active in identifying opportunities as well as making analytical observations on any aspect that would be beneficial to business.