Actuarial Analyst

2 weeks ago

Sandton, South Africa Discovery Ltd. Full time

**Business Unit**:Discovery Employee Benefits**Function**:Actuarial Sciences**Date**:4 Mar 2024Achieve more than** **YOU BELIEVE**
- Discovery Corporate and Employee Benefits
Actuarial Analyst
- **About Discovery**
- Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
- **About Discovery Corporate and Employee Benefits**
- Discovery Employee Benefits is the first and only employee benefits provider to be shaping employee behaviour, creating healthier and wealthier workforces. It is an exciting business to be in as we reimagine the way retirement savings and life insurance is brought to companies and employees.
- **Key Purpose of the role**
- To manage data remediation across the business functions within timelines and to support the collaboration between different departments. Assessment and analysis of existing Procedures and data captured, finding root causes for the problems experienced and suggesting solutions. Mapping root causes across the various operational functions and finding patterns of issues both in process, data and system set up. Doing analysis on impact if processes are simplified, building excel tools to support checking and reporting of manual processes, supporting with cases to test implemented changes, writing recommendations to internal audit on future audits and Systems on system changes required.
- **Areas of responsibility may include but not limited to**
- Liaise with internal teams, accounting, valuations, systems implementation, Systems, operational teams, pricing and technical marketing.
- Analyzing the root causes of errors and the parties impacted by root causes.
- Document data issues, and possible solutions.
- Improving manual excel tools to lock and version control tools so changes can’t be made.
- Knowledge of risk factors within the data processes of the business and how SOPs manage these risks.
- Support testing of solutions both in writing testing cases and creating reports for the testing and signing off the testing once completed.
- Analyzing of raw data

**Personal Attributes and Skills**
- Highly analytical
- Delivering Results and Meeting Customer Expectations
- Planning & Organizing
- Speed and accuracy
- Competent and reliable
- Willingness to learn and give ideas
- Good communication skills
- Deadline Driven
- Service orientated

**Education and Experience**
- Matric Mathematics (essential)
- Maths or Actuarial degree (essential)
- Student of ASSA (essential)
- Advanced Microsoft Office: Word, Excel and Outlook (essential)
- 2 - 3 year’s Risk Pricing experience within the Insurance Industry
- Understanding of insurance and the risks around data (essential)
- Experience in data analysis recommended
- Programming in VBA recommended

**EMPLOYMENT EQUITY**

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.
- EMPLOYMENT EQUITY
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.

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