Actuarial Specialist

2 weeks ago


Centurion, South Africa Progressive Edge Full time

Permanent
Centurion ( Hybrid)
Get involved all aspects of actuarial management of a short-term insurer
You will focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a broad, technical role with opportunities to develop in a range of directions.
Responsibilities and work outputs
Collect data from various sources and assess the completeness and accuracy of the data
Perform data analysis and advise on appropriate actions to be taken
Perform detailed statistical investigations using specialised software
Assist in the implementation of various products on the chosen Line of Business system across all regions
Devise methods and strategies to implement and monitor underwriting controls across various regions
Devise and monitor the success of rate making and renewal strategies
Build and maintain good working relationships with management across various regions
Ensure adherence to escalation procedures and mandates on system
Design and develop products and processes that would suit the opportunities identified
Develop and manage a spectrum of partners that the company could leverage off in designing the solutions to various identified opportunities
Experience and Qualifications
Experience in short-term insurance
Bachelors Degree in Actuarial Sciences, Science, Finance Commerce or Business Sciences
Basic programming skills (advantageous)



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