Actuarial Manager

2 weeks ago

Sandton, South Africa Discovery Ltd. Full time

**Business Unit**:Vitality RSA**Function**:Actuarial Sciences**Date**:15 Apr 2024**Discovery Vitality RSA**

**Actuarial Manager**

**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 Vitality RSA**
**Key Purpose**
**Areas of responsibility may include but not limited to**:

- Develop actuarial or statistical models to aid in strategic business decision-making.
- Short
- and long-term behavioural and financial projections (including pricing and testing of new initiatives).
- Extracting and analysing large datasets to yield rich insights and communicating the results to a wide variety of stakeholders including the Vitality SA Executive Committee.
- Identify and understand key business and data trends, assess the impact, and identify possible courses of action to mitigate / capitalize on these opportunities.
- Conduct ad-hoc investigations and analyses including quantifying the financial and business impact of strategic projects, oftentimes working with executive decision-makers to craft and execute key strategic projects.
- Compilation of reports and presentations for the Vitality Exco, Vitality Board, Actuarial Committee, Discovery Board and Group Exco.
- Develop and leverage key working relationships with various stakeholders across the business in order to support the aims of the organization.
- Mentor, support and train junior analysts.

**Behavioural Skills & Competencies**

**The following competencies and behavioural indicators are relevant to the position**:

- Strong analytical skills with the ability to collect, organize, analyse, and disseminate information simply and effectively.
- Strong ability to work with, analyse and communicate findings from data (top-down verbal and written communication).
- A passion for delivering results with a sense of urgency for rapid action.
- Excellent time-management skills with the ability to prioritize deliverables and manage stakeholder expectations.
- Well-versed in the ability to disaggregate issues and problem-solving.
- A critical thinker who is curious and eager to know “why.”
- Creative and innovative
- Comfortable adapting and responding to change and a fast-paced environment.
- Strong abilities in dealing with unstructured problems and complex environments.
- Excellent attention to detail.
- Good writing and reporting skills.
- Good people skills and situational awareness.
- Ability to cope with business pressures and setbacks.
- Ability to think with a commercial and growth mindset.
- Good sense of materiality with the ability to put things into perspective.

**Qualifications & Work Experience**
- Matric with Higher Grade Mathematics
- Bachelor of Science degree in Actuarial Science, Statistics or Data Science, with an Honours degree would be advantageous.
- Nearly or recently academically qualified Actuaries
- 2 - 4 years’ worth of relevant work experience
- Advanced proficiency in MS Word, MS Excel, MS PowerPoint and MS Outlook and SQL
- Advanced experience in Actuarial Modelling, Problem Solving, Data Analysis
- Ability to communicate technical complexity to a non-technical audience.
- An interest in Behavioural Science and analysing large datasets.
- Desire to teach and grow more junior members.

**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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