Actuarial Specialist

2 weeks ago

Bellville, Western Cape, South Africa Momentum Life Full time

Introduction


Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.


Role Purpose


An opportunity exists for a recently qualified or almost qualified actuary within the Mmerge team that focuses on the testing of actuarial values.

The individual will be involved in establishing actuarial values testing capability, building and maintaining appropriate testing tools and conducting ongoing and ad hoc regression testing on Momentum, Metropolitan Life and Africa retail products.

This role will include testing on OB, PDS and Exergy in terms of verifying values as well as system processes.

The role also includes managerial responsibilities.

Requirements:

Experience & Qualifications

  • A graduate degree in Actuarial Science
  • An honours degree in Actuarial Science
  • Recently qualified or nearly qualified actuary
  • 25 years' relevant work experience
  • Advanced Excel and intermediate SQL capabilities will be required

Duties & Responsibilities

Responsibilities and Work Outputs

  • Building of appropriate testing tools for migration (Metropolitan Life and Africa segments):
  • For the purposes of the Metropolitan Life system migration, to perform accurate build-up of values up to the point of migration, taking cognisance of any existing errors or system shortcomings
  • Building and/or utilising existing testing tools for ongoing regression and user acceptance testing (Metropolitan Life, Momentum and Africa segments)
  • Drafting and maintaining thorough documentation of testing processes
  • Supporting crossfunctional teams within the department
  • Managing own performance and development
  • Supporting direct reports in terms of their training, work output and development
  • Presenting results of testing exercises to key stakeholders and assisting in decisionmaking

Competencies

Competencies Required

  • Accuracy and attention to detail
  • Problem solving and analytics
  • Teamwork
  • Achievement orientation
  • Effective time management to ensure optimal productivity
  • High degree of selfmotivation and ability to work independent of supervision
  • Good verbal and written communication skills
  • Commitment to producing results for stakeholders
  • Delivering results and meeting expectations
  • Coping with pressure and setbacks
  • Adhering to principles and values
  • Ability to motivate and inspire team members

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