Actuarial Specialist – (Insurance / Risk / Long Term / Pricing / Product Development) – JHB, South Africa

Location: JHB, South Africa
Date Posted: 27-02-2018
Reference: TJH

Job Description:
Our client, a leading financial services institution is seeking a senior fully Actuarial Specialist to join their team. This person will be responsible for driving the development of life insurance and other products in the businesses that the Group supports

  • Develop and implement solutions and products that meet in-country requirements including providing support in terms of marketing, training, systems and legal deliverables.
  • Development of business cases and client proposals for new businesses, products and channels.
  • Support product development initiatives including design and pricing of insurance products and maintenance of existing products.
  • Compiling and maintaining various documentation required including product and pricing specifications as well as obtaining statutory actuary approval.
  • Providing technical input into marketing and training material.
  • Developing a range of products that include individual risk and investment products, life and living annuities, pension fund schemes and group risk schemes.
  • To collaborate and manage relationships with key internal and external stakeholders including in-country Managing Directors.
  • Mentor and Coach actuarial staff within the team.
Requirements: Qualification and Skill
  • Nearly / Newly qualified Actuary
  • At least 3 – 5 years working experience in Life Assurance in a product development environment.
  • Group Risk Pricing experience an advantage
  • Actuarial Science techniques, calculations, principles and professional guidelines.
  • Delivering results and meeting customer expectations.
  • Analytical thinking and the ability to think through and solve complex problems.
  • Planning and organising.
  • Excellent verbal and written communication skills and ability to communicate technical ideas to non-expert audiences.
  • Entrepreneurial and commercial thinking.
  • Proactive self-starter and independent worker.
  • Produce a high standard of work with attention to detail and accuracy.

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Thania Jaffer
Executive Recruiter: Insurance, Risk & Healthcare
CA Global Finance
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