Actuarial Analyst - C4

Client AVBOB
Reference # 437AA01
Published 19/04/2017
Contract Type Permanent
Location Pretoria, Gauteng, South Africa
Introduction
An exciting opportunity is available for a suitable candidate who wishes to gain exposure to a wide variety of actuarial work in a life insurance environment. The role entails the involvement in valuations, pricing as well as business intelligence work.
Job Functions Advisory
Industries Funeral Service,Insurance
Specification
Valuations (dedicated 4 months per year):
Data preparation.
Assumption setting, including involvement with mortality, morbidity, withdrawal and expense investigations.
Development, setup and running of actuarial valuation models.
Assisting with the consolidation of valuation results and submission of statutory returns required by the Financial Services Board.

Product Development & Pricing (ongoing):
Product specification, profit testing and sensitivity testing of new products or repricing of existing products.
Involvement in the end-to-end roll-out of new products and product enhancements.
Providing technical support and expertise that supports the distribution teams in securing new business deals.
Maintaining awareness of competitor products and the operating environment and investigating and proposing innovative product solutions.

Analytics & Business Intelligence (on-going):
Assisting with the implementation of a range of actuarial and business intelligence metrics.
Assisting management in analysing, supplying and translating information on key areas of business performance.
Requirements
QUALIFICATIONS REQUIRED FOR THE POSITION:
Appropriate tertiary qualification in Actuarial Science.
Part-qualified Actuary with continued progress towards this qualification.

EXPERIENCE REQUIRED FOR THE POSITION:
2+ years relevant experience in the financial services industry.
Life insurance valuations or product development experience is preferred.
Practical experience with Prophet and DCS.
VBA, SQL and Qlikview experience will be an advantage.

COMPETENCIES REQUIRED FOR THE POSITION:
Actuarial modelling principles.
Goal-orientated with an ability to perform work efficiently.
Deadline-driven and the ability to work under pressure.
Strong analytical and problem solving skills.
Ability to work on team projects as well as taking ownership of individual projects.
Relationship management with external parties.
Job Closing Date 30/04/2017
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