Senior Actuary: Team Leader Cape Town

About the job Senior Actuary: Team Leader Cape Town Our Client in the Financial sector is seeking aSenior Actuary: Team Leader to join they dynamic team : MinimumRequirements: Degree in Actuarial Sciences, Statistical Analysis, Mathematics, or a related field. Qualified Actuary (FASSA/FIA/etc.). Knowledge of actuarial modeling, product pricing, and statistical analysis techniques. 3 - 5 years experience in a product owner/manager role. Advantageous Experience Software Development Life Cycle (SDLC). VBA. SQL. Passion to make a difference in the lives of people in the low to middle-income markets. Ability to extract insights from data analyses. High degree of self-motivation and ability to work independently. Self-managing. Strong written and verbal communication skills. Naturally inquisitive mindset with a strong innovative tendency. Ability to function in a multi-disciplinary team environment, including Marketing, Product & Solutions, IT, and Client Insights. Responsibilities: INTERNAL PROCESS Analyse product and client-related data from various sources to identify potential product experience irregularities, ensuring the accuracy of insights and analysis. Analyse competitor products and international trends to provide insights for developing and maintaining competitive end-to-end solutions. Review experience investigations, modeling, and data analysis to design and price solutions, and monitor experience on existing products. Prepare product health reports and present product profitability and insights derived from analyses to support decision-making and inform appropriate actions. Make recommendations and drive implementation to improve product performance, and client service, and promote fair treatment of clients. Develop and maintain pricing models and bases, reviewing results and ensuring that parameters used are accurate and validated. Identify solutions to enhance cost-effectiveness and increase operational efficiency of solutions. Ensure compliance with practices and timelines by developing metrics to monitor delivery against set objectives. CLIENT Provide expertise and advice on technical/actuarial product matters to clients and stakeholders. Build and maintain collaborative working relationships with various internal and external stakeholders, such as solution peers, IT, sales/distribution, legal, servicing, and valuations. Contribute to the process of negotiating objective and realistic performance targets, monitor appropriateness, and recommend adjustments. Deliver on service level agreements made with stakeholders to ensure that client expectations are managed. Make recommendations to improve client service and fair treatment of clients within the area of responsibility. Provide input into the risk identification processes and communicate recommendations in the appropriate forum. PEOPLE Participate and contribute to a culture that builds collaborative relationships, encourages innovation, facilitates feedback, and provides exceptional client service. Demonstrate exemplary leadership behavior through personal involvement, commitment, and dedication in support of organizational values. Select and recruit suitably qualified talent in line with Employment Equity principles and MMI values. Drive a culture that guides and directs best practices, fostering an environment of continuous learning, improvement, and cohesiveness. Identify employee growth and development needs and enable their ongoing development, training, and personal growth. Effectively manage performance within the team to ensure business objectives are achieved. Ensure technical product and legislative knowledge are always current to propose the most relevant and innovative client solutions and comply with governance requirements. Take ownership of driving career development. Effectively manage time and ensure optimal productivity. Be self-confident, self-motivated, and relentlessly pursue targets and goals. #J-18808-Ljbffr