Actuarial Business Insights

2 weeks ago


Centurion, Gauteng, South Africa Momentum Life Full time

Introduction
Through our client-facing brands Metropolitan and Momentum 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.

We help people grow their savings, protect what matters to them and
invest for the future. We help companies and organisations care for and
reward their employees and members. Through our own network of
advisers or via independent brokers and utilising new platforms
Momentum Metropolitan provides practical financial solutions for people,
communities, and businesses.

Role Purpose
To provide business support, advise and guide business decision-making through financial and actuarial analysis, data and insights and provide holistic finance solutions that drive business performance

Requirements:

  • Degree in Actuarial Science or Fellow Actuary.
years' experience in valuations and/or financial management within a
Life insurance environment. Knowledge of the Financial Services and
insurance industry.

  • Detailed understanding of Life insurance valuations and reporting metrics.
  • Understanding drivers of various reporting metrics

Duties & Responsibilities

  • Work with the CFO office to collaborate with business leaders to formulate
short and long-term financial objectives and financial models for the
business, in line with the overall business strategy of the segment.

  • Assist business leaders to assess the financial implications of new business
initiatives and provide input to the financial feasibility of business cases.

  • Assist the CFO office to support and influence key operational and strategic
business decision using financial analysis and data.

  • Develop partnerships across the business and group valuations team in
order to drive execution of finance activities.

  • Provide insights regarding the interpretation and explanation of financial
analysis, forecasts, and scenarios in order to guide business decision
making.

  • Contribute to the development or testing of business cases for new
initiatives and ensure that business cases are financially sound and drive
profitability.

  • Delivery of financial analysis, forecasting and whatif scenarios based on
business requirements.

  • Identity and measure key financial metrics that support financial and
strategic objectives.

  • Assist with the quarterly reporting and ensure that business is provided with
readily obtained, accurate and meaningful measurements.

  • Prepare reports and identify where management action is required.
  • Provide input into continuous improvement efforts by identifying
opportunities for optimising profitability and cost reduction. Assist with the
forecasting of sales and identify solutions to enhance VNB and increase new
business profitability.

  • Monitor financial performance by measuring and analysing valuation
results.

  • Monitor and report on our key objectives in terms of where our growth is
coming from across the Life space.

  • Understand the impact of different assumptions on Value of New Business
(VNB) and other metrics within the business.

  • Build and analyse proxy model calculates and advise stakeholders on the
implications of results and trends.

  • Complete complex whatif scenarios to determine potential financial
consequences of business decisions.

  • Consolidate financial analysis in order to obtain a holistic segment view
which supports strategic planning and decision making.

CLIENT

  • Build and maintain relationships with clients and stakeholders.
  • Define fair and innovative internal client service practices which build
rewarding relationships and allows team to provide exceptional client
service.

  • Engage with key stakeholders to identify changing internal client needs and
make recommendations to align service offering with client needs.

  • Contribute to a client service excellence culture which builds enduring
relationships and allows team to provide exceptional client service.

  • Develop client service level agreements and standards in order to ensure
clients receive clear and accurate information and are kept informed at all
times.

  • Drive efforts to improve client service and fair treatment of clients within
area of responsibility.

  • Incorporate internal client feedback into the enhancement of daily business
processes and management operating systems.

PEOPLE

  • Develop and maintain productive and collaborative working
relationships with peers, clients and stakeholders.

  • Positively influence and participate in change initiatives.
  • Continuously develop own expertise in terms of professional, industry
and legislation knowledge

  • Contribute to continuous innovation through the development,
sharing and implementation of new ideas

  • Take ownership for driving career development.
  • Effectively manage time and ensure optimal productivity.
  • Ensure technical product and legislative knowledge is always current in
order to propose the most releva
  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa Isikhungo Business Solutions Full time

    If you're passionate about leveraging data to make informed business decisions and thrive in a collaborative environment.Responsibilities: Contribute to mergers and acquisition, product development, benefit design and review process, pricing and other actuarial evaluation and actuarial reports from schemes and other related research studies. Update actuarial...

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa MMI Holdings Ltd Full time

    Closing Date2023/03/21Reference NumberMMH Job TitleActuarial AnalystPosition TypePermanentRole FamilyActuarialClusterClient Engagement SolutionsRemote OpportunitySome of the timeLocation - CountrySouth AfricaLocation - ProvinceGautengLocation - Town / CityCenturionIntroduction Momentum Health Solutions, an entity of Momentum Metropolitan Holdings delivers...

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa Client Engagement Solutions Full time

    IntroductionMomentum Health Solutions, an entity of Momentum Metropolitan Holdings delivers sustainable, integrated health solutions that meet the needs of clients in the different segments and maximise lifetime client value. We build and maintain a culture of innovation, and create value through unique insights of how to achieve specific outcomes by using a...


  • Centurion, Gauteng, South Africa Momentum Life Full time

    IntroductionThrough our client-facing brands Metropolitan and Momentum, with Momentum Multiply (our wellness and lifestyle 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 PurposeThe purpose...


  • Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of the best insurance companies in South Africa is looking for a GAP Intermediate Actuarial SpecialistJob & Company Description:This company is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries. The lines of business include...

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa Progressive Edge Full time

    PermanentCenturion ( Hybrid)Get involved all aspects of actuarial management of a short-term insurerYou will focus on remuneration modelling, marketing and operational insights for process optimisation, and other ad-hoc procurement insights. This is a broad, technical role with opportunities to develop in a range of directions.Responsibilities and work...


  • Centurion, Gauteng, South Africa RPO Recruitment Full time

    RPO Recruitment, a specialist agency in offering tailored recruitment solutions to large corporates, is seeking a Junior Actuarial Analyst to join their team of dynamic professionals in the insurance industry. As a rapidly growing company, RPO Recruitment prides itself on being able to meet the unique needs of their client companies in order to help them...

  • Actuarial Specialist

    2 weeks ago


    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    Looking for a talented Actuary with pricing and product experience.We're currently seeking a highly skilled and motivated Actuary to join our team. As an Actuary with pricing and product experience, you will play a critical role in driving the success of our organization by developing and implementing pricing strategies, evaluating product performance, and...


  • Centurion, Gauteng, South Africa Group Finance Full time

    Introduction The Investments and Savings Team within the Momentum Retail Corporate Actuarial function is dedicated to ensuring the financial integrity and growth of Momentum's longterm savings products, particularly the Investo product. We specialize in the valuation and analysis of these products, adhering to IFRS 9 and IFRS 17 standards, and providing...

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa Letarch Consultant Full time

    ACTUARIAL ANALYSTSALARY :R1,094, 144 Per AnnumJOB SPONSOR:Council for Medical Aid Scheme (CMS)The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the CMS and the healthcare industry.As an Actuarial Analyst you will be responsible to:Research...

  • Actuarial Specialist

    2 weeks ago


    Centurion, Gauteng, South Africa Network Recruitment Full time

    Are you a specialist in Actuarial affairs who wants to have a real impact on the realm of product innovation? Do you enjoy the challenge of coming up with creative solutions in a fast-paced setting? Well, we have an amazing opportunity that might just be perfect for you! We are on the lookout for a talented Actuarial Specialist to join our team and drive...

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa Health Solutions Full time

    IntroductionMomentum Health Solutions, an entity of Momentum Metropolitan Holdings delivers sustainable, integrated health solutions that meet the needs of clients in the different segments and maximise lifetime client value. We build and maintain a culture of innovation, and create value through unique insights of how to achieve specific outcomes by using a...


  • Centurion, Gauteng, South Africa Tipp Focus Group Full time

    PurposeTo analyse data and derive insights utilising statistical and actuarial models to inform productdevelopment, benefits design and pricing within the the healthcare industry.Duties and responsibilities: Research and advocate various policy issues and concepts to help improve the healthcare system Contribute to mergers and acquisition, product...


  • Centurion, Gauteng, South Africa Health Solutions Full time

    IntroductionMomentum Health Solutions, an entity of Momentum Metropolitan Holdings delivers sustainable, integrated health solutions that meet the needs of clients in the different segments and maximise lifetime client value. We build and maintain a culture of innovation, and create value through unique insights of how to achieve specific outcomes by using a...

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa K2 Human Capital Consultancy Full time

    VACANCY ADVERT - ACTUARIAL ANALYSTJob summary - A Client in Centurion - Gauteng is looking for an Actuarial Analyst to join their team in the management of a short-term insurer with a focus on remuneration modelling, marketing and operational insights for process optimisation, and other ad-hoc procurement insights.Responsibilities: Collect data from various...

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa Health Solutions Full time

    IntroductionMomentum Health Solutions, an entity of Momentum Metropolitan Holdings delivers sustainable, integrated health solutions that meet the needs of clients in the different segments and maximise lifetime client value. We build and maintain a culture of innovation, and create value through unique insights of how to achieve specific outcomes by using a...


  • Centurion, Gauteng, South Africa Bohlale HR Consulting Full time

    The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the CMS and the healthcare industry.As an Actuarial Analyst you will be responsible to: Research and advocate various policy issues and concepts to help improve the healthcare system...


  • Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of the best insurance companies in South Africa is looking for a Senior Actuarial SpecialistJob & Company Description:The incumbent will use their analytical, statistical and programming skills to collect, analyze and interpret large data sets in order to provide insights and data-driven solutions to solve difficult and strategic business challenges....

  • Actuarial Analyst

    2 weeks ago


    Centurion, Gauteng, South Africa RPO Recruitment Full time

    Our client, a leading Insurance company specializing in the short-term insurance, is currently seeking an Actuarial Analyst to join their team in Centurion. In this role, you will conduct risk analyses and use statistical models to predict potential investment outcomes. You will provide valuable insights and recommendations to help our clients make informed...


  • Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of the best insurance companies in South Africa is looking for a Business Partner Senior Actuarial SpecialistJob & Company Description:This company is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries. The lines of business...