Job title : Actuarial Manager – Discovery Life
Job Location : Gauteng,
Deadline : November 11, 2024
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Key Purpose
- The Individual Life Analytics team is responsible for strategic and impactful projects for the business, offering a platform for the best actuaries to grow, own key responsibilities and challenge their abilities.
- The focus of this role is to support the reporting, monitoring and deeper analyses of actuarial experience to drive insights for management decisions and to inform the setting of assumptions. The role involves exposure to a wide range of business areas such as underwriting, claims, reinsurance and other operations, as well as the wider Discovery Group.
Areas of responsibility may include but not limited to:
- Take ownership of monthly actuarial experience reporting such as claims, lapses, paybacks and new business to inform key management decisions
- Develop and maintain actuarial models to aid in strategic business decisions
- Ensure data processes are continuously maintained and updated
- Conduct deeper analyses to inform impacts of experience variances for financial reporting
- Analysing large datasets to yield rich insights and communicating the results to a variety of stakeholders
- Compilation of reports for Discovery Life Exco, Actuarial Committee and Discovery Board
- Perform special investigations into focus areas of actuarial experience
- Identifying and understanding key business and data trends, assess the impact and identify possible courses of action to manage risk
- Develop and leverage key working relationships with various stakeholders across the business in order to support the aims of the organization
Personal Attributes and Skills
- Identifying and analysing trends
- Adapting and responding to change
- Results orientated and commercial thinking
- Working with people
- Deciding and initiating action
- Applying expertise and technology
- Proactive, accountable and able to thrive under pressure
- Advanced proficiency in MS Word, MS Excel and MS Outlook
- Analytical skills
- Statistical skills
- Creating innovating solutions to complex problems
- Writing and reporting
Education and Experience
Essential:
- Matric with Mathematics
- Honours Degree in Actuarial Science
- Qualified / near-qualified actuary with recognised actuarial professional body, e.g. ASSA or IFoA
- At least 2 years related work experience
- SQL knowledge
Advantageous:
- 3-5 years of working experience as an Actuarial Analyst / Actuary in the Life Insurance industry
- Prophet experience
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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