Job Vacancies at Momentum Metropolitan Holdings Limited

Role Purpose    

• An opportunity exists for an Actuarial Specialist within the Actuarial Valuations team that focuses on the Momentum Corporate product range. The individual will be responsible for the valuation of the Smooth Bonus Portfolio, With Profit Annuity portfolio and the Investment Guarantee reserves relating to these portfolios.
• The core responsibility will be to calculate and interpret the Regulatory capital for this product range however this individual will also be involved in assisting in the development of new systems and functionality for Actuarial reporting as well as project work such as IFRS17 operationalization.

Requirements    

• Bachelor's Degree in Actuarial or Business Science essential.
• Close to qualification/qualified – if not qualified, completion of the Core technical and Actuarial risk management (A311/CA1) is a must, possessing the Life Specialist Technical exam (F102/ST2) will be a distinct advantage.
• At least 2 years Life Valuations experience with a specific focus on SAM capital calculations highly preferred.
• A good understanding of Corporate Products will be a distinct advantage.
• Experience with stochastic models as well as experience with the complexities of running bespoke technical models essential.
• Advanced Microsoft Excel/VBA capabilities required.
• Programming and development experience in the following languages: Python and SQL

Duties & Responsibilities    

• Owning the financial reporting duties for the Smooth Bonus and With Profit Annuity portfolios.
• Production of the quarterly Regulatory capital reporting, including an analysis of change
• Calculation of Investment Guarantee Reserves
• Calculation of management actions for Smooth Bonus and Dynamically Hedged products.
• Providing the reporting information required for the ORSA (Own Risk and Solvency Assessment)
• Involvement in the communication of the results to various stakeholders
• Assisting with capital calculations for purposes of pricing new products
• Stress testing and scenario analysis
• Assisting with the various statutory returns and other compliance-related tasks
• Interacting with a wide range of stakeholders such as asset managers, marketing managers, accountants, product development staff and policy administrators
• Develop, maintain and improve systems and processes required to do financial reporting with a key focus on migrating existing Excel models into SQL.
• Developing an understanding of APN 110 Python models.
• Working alongside Senior Actuaries to operationalize IFRS 17 for the portfolios mentioned above

Competencies    

• Strong technical skills
• A desire to add value and make a difference
• The ability to manage stress, pressure and competing demands
• Attention to detail and good problem-solving skills
• A self-starter who can run independently with complex projects

Closing Date    
2023/03/09

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Role Purpose    

• Attract, acquire and retain clients by selling company products to generate new business and to provide after sales service to clients to ensure client retention, increase market share and contribute to the overall business objectives and its longterm viability.

Requirements    

• Minimum of 2 years experience in the financial services industry
• Minimum of 2 years experience in a financial advice rendering role
• Finance/Business related tertiary qualification (desirable) 
• Matric or equivalent NQF 4 qualification 
• Compliance with FAIS Fit and Proper requirements
• Computer literacy (essential)
• Own transport (desirable)

Duties & Responsibilities    
INTERNAL PROCESS

• Engage with prospective clients in order to highlight the features and benefits of various products based on their financial wellness needs in order to support and guide their decision making process.
• Sell products in line with client’s financial needs by conducting affordability analysis in order to achieve clients’ financial goals.
• Calculated and advise on tax and legal implications of products and or changes.
• Accurately capture client information, relevant actions and sales on the systems.
• Accurately complete all administrative and reporting requirements within agreed timeframes.
• Achieve set targets on production, quality and conversion.
• Adhere to compliance requirements in the sales process in line with legislative requirements.
• Provide financial advice in line with the engagement strategy to enhance client’s financial wellness.

CLIENT

• Investigate client queries within the agreed service level and ensure that client receives timeous feedback.
• Escalate client queries to the relevant department or stakeholder.
• Provide accurate information and advice to clients and stakeholders in order to ensure that the client receives the appropriate services.
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets. Provide authoritative, expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Proactively build and maintain client relationships by presenting our innovative and trustworthy product offerings through professional and credible Financial Advisory services.

PEOPLE

• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.

FINANCE

• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Manage financial and other company resources under your control with due respect.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Competencies    

• Examining Information: Analyse and process information; ask probing questions; strives to find solutions to problems.
• Interacting with People: Project enthusiasm; focus on interacting and networking with people.
• Convincing People: Comfortable having to persuade others; shape opinions by being outspoken; seek to negotiate with others.
• Articulating Information: Articulate in giving presentations; is eloquent and explains things well; projects social confidence when articulating information.
• Conveying Self-Confidence: Self-assured and project inner confidence; confident and determines own future; value own contributions.
• Thinking Positively: Optimistic and positive; recover easily from setbacks and obstructions.
• Meeting Timescales: Target focused and meets deadlines; punctual and keep to schedule; reliable in finishing tasks.
• Following Procedures: Conform and adhere to rules; closely follow instructions and procedures; minimise risks by sticking to processe

go to method of application »

Role Purpose    

• Attract, acquire and retain clients by selling company products to generate new business and to provide after sales service to clients to ensure client retention, increase market share and contribute to the overall business objectives and its longterm viability.

Requirements    

• Minimum of 2 years experience in the financial services industry
• Minimum of 2 years experience in a financial advice rendering role
• Finance/Business related tertiary qualification (desirable) 
• Matric or equivalent NQF 4 qualification 
• Compliance with FAIS Fit and Proper requirements
• Computer literacy (essential)
• Own transport (desirable)

Duties & Responsibilities    
INTERNAL PROCESS

• Engage with prospective clients in order to highlight the features and benefits of various products based on their financial wellness needs in order to support and guide their decision making process.
• Sell products in line with client’s financial needs by conducting affordability analysis in order to achieve clients’ financial goals.
• Calculated and advise on tax and legal implications of products and or changes.
• Accurately capture client information, relevant actions and sales on the systems.
• Accurately complete all administrative and reporting requirements within agreed timeframes.
• Achieve set targets on production, quality and conversion.
• Adhere to compliance requirements in the sales process in line with legislative requirements.
• Provide financial advice in line with the engagement strategy to enhance client’s financial wellness.

CLIENT

• Investigate client queries within the agreed service level and ensure that client receives timeous feedback.
• Escalate client queries to the relevant department or stakeholder.
• Provide accurate information and advice to clients and stakeholders in order to ensure that the client receives the appropriate services.
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets. Provide authoritative, expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Proactively build and maintain client relationships by presenting our innovative and trustworthy product offerings through professional and credible Financial Advisory services.

PEOPLE

• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.

FINANCE

• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Manage financial and other company resources under your control with due respect.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Competencies    

• Examining Information: Analyse and process information; ask probing questions; strives to find solutions to problems.
• Interacting with People: Project enthusiasm; focus on interacting and networking with people.
• Convincing People: Comfortable having to persuade others; shape opinions by being outspoken; seek to negotiate with others.
• Articulating Information: Articulate in giving presentations; is eloquent and explains things well; projects social confidence when articulating information.
• Conveying Self-Confidence: Self-assured and project inner confidence; confident and determines own future; value own contributions.
• Thinking Positively: Optimistic and positive; recover easily from setbacks and obstructions.
• Meeting Timescales: Target focused and meets deadlines; punctual and keep to schedule; reliable in finishing tasks.
• Following Procedures: Conform and adhere to rules; closely follow instructions and procedures; minimise risks by sticking to processe

go to method of application »

Role Purpose    

• Attract, acquire and retain clients by selling company products to generate new business and to provide after sales service to clients to ensure client retention, increase market share and contribute to the overall business objectives and its longterm viability.

Requirements    

• Minimum of 2 years experience in the financial services industry
• Minimum of 2 years experience in a financial advice rendering role
• Finance/Business related tertiary qualification (desirable) 
• Matric or equivalent NQF 4 qualification 
• Compliance with FAIS Fit and Proper requirements
• Computer literacy (essential)
• Own transport (desirable)

Duties & Responsibilities    
INTERNAL PROCESS

• Engage with prospective clients in order to highlight the features and benefits of various products based on their financial wellness needs in order to support and guide their decision making process.
• Sell products in line with client’s financial needs by conducting affordability analysis in order to achieve clients’ financial goals.
• Calculated and advise on tax and legal implications of products and or changes.
• Accurately capture client information, relevant actions and sales on the systems.
• Accurately complete all administrative and reporting requirements within agreed timeframes.
• Achieve set targets on production, quality and conversion.
• Adhere to compliance requirements in the sales process in line with legislative requirements.
• Provide financial advice in line with the engagement strategy to enhance client’s financial wellness.

CLIENT

• Investigate client queries within the agreed service level and ensure that client receives timeous feedback.
• Escalate client queries to the relevant department or stakeholder.
• Provide accurate information and advice to clients and stakeholders in order to ensure that the client receives the appropriate services.
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets. Provide authoritative, expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Proactively build and maintain client relationships by presenting our innovative and trustworthy product offerings through professional and credible Financial Advisory services.

PEOPLE

• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.

FINANCE

• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Manage financial and other company resources under your control with due respect.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Competencies    

• Examining Information: Analyse and process information; ask probing questions; strives to find solutions to problems.
• Interacting with People: Project enthusiasm; focus on interacting and networking with people.
• Convincing People: Comfortable having to persuade others; shape opinions by being outspoken; seek to negotiate with others.
• Articulating Information: Articulate in giving presentations; is eloquent and explains things well; projects social confidence when articulating information.
• Conveying Self-Confidence: Self-assured and project inner confidence; confident and determines own future; value own contributions.
• Thinking Positively: Optimistic and positive; recover easily from setbacks and obstructions.
• Meeting Timescales: Target focused and meets deadlines; punctual and keep to schedule; reliable in finishing tasks.
• Following Procedures: Conform and adhere to rules; closely follow instructions and procedures; minimise risks by sticking to processe