|Company||Telesure Investment Holdings|
|Location||Gauteng Area, Gauteng, South Africa|
Provide support to senior analysts and managers within the General Insurance Actuarial team. Use statistical models to analyze data and calculate the probability of and costs associated with certain events.
Data Collection & Analysis
Collate and analyze data using pre-set tools, methods and formats. Extract and verify data used for actuarial models. Reconcile data/information against credible data sources (for example financials) to ensure the data is complete and accurate. Before data is used for analysis/ modelling, review and acquire signed-off from the Technical Manager.
Develop, maintain and implement actuarial models and processes. Models to be fit for purpose and able to estimate the reality accurately. Regularly monitor Models to ensure model performance and communicate problems back to business. Before Models are used for estimation within the business, review and acquire the required signed-off.
Insights and Reporting
Contribute to the preparation of various data and analytics reports. Provide an ecosystem where data and data analysis is nimble and easy to access within the business. Provide insights from monitoring to inform the business and future modelling endeavours. Ensure monitoring is accurate and complete and regularly validated against credible data sources. Review results on a regular basis and monitor against actuals across brands and distribution channels within the business.
Model Deployment and Testing
Effective impact and sensitivity analysis to be performed before any deployment is done. Maintain and develop documentation on model/ pricing to be deployed. Ensure the monitoring processes are in place to measure the performance of the model/pricing.
Assist with stakeholder engagement by arranging actions, meetings, events, and supporting materials to promote stakeholder commitment and drafting supporting materials to promote understanding. Be on time and prepared for meetings.
Improvement / Innovation
Identify shortcomings in existing processes, systems and procedures, and use established change management programs to address them. Ensure data processes are continuously maintained and kept up to date.
Identify, within the team, instances of non-compliance with the organization/ actuarial policies and procedures and/ or relevant regulatory codes and codes of conduct, reporting these and escalating issues appropriately. Maintain standards of integrity and professionalism as set out by the Actuarial Society of South Africa.
Personal Capability Building
Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching. Develop and maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media
Bachelors / Honours degree in Actuarial Science or similar (Essential);
Making good progression toward an Actuarial qualification (Essential)
1 or more years actuarial experience within a Short-Term insurance environment (Essential)
*SAQA Accredited Equivalent* - It is the onus of the applicant to provide TIH and its subsidiaries with certified evidence that their qualification(s) meet the equivalent NQF level required for this role at time of application.
Financial Sector Conduct Authority (FSCA)** competency requirements: FAIS recognized qualifications / Regulatory Examinations / Class of Business Certification and / or CPD according to your DOFA (where applicable) - As a registered Financial Service Provider, we are mandated to ensure that all our representatives are always and remain fit and proper at all times. By applying for this role, you consent to having your relevant qualification and or accreditation or confirm that you are working towards meeting the competency requirements. You further consent to the relevant information being verified.
The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply. TIH is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.
Should you not hear from our team in 30 days, kindly consider your application unsuccessful.
Unlock your greatness & be unstoppable
Telesure Investment Holdings (Pty) Ltd (TIH), is the holding company of some of South Africa’s leading financial service providers. Our portfolio includes short-term insurers, a long-term insurer, health insurance as well as an insurance and personal finance comparison platform. We’re pioneers with a hunger for best, bringing customer-focused innovation and service excellence to the financial services industry. We’re an undivided team of diverse thinkers and doers who believe in leading through technology and pushing past their limits.
What we offer
TIH offers an exceptional benefits programme, and competitive compensation packages. You have options for Life Cover, Disability Benefits, Provident Fund, Medical Aid, and more. Office benefits include free undercover parking, free Wi-Fi, ATMs, an onsite gym, subsidised meals, convenience store, coffee shop, free seasonal fruits – every day, and an Active Access walking programme
|Job Closing Date||18/05/2022|