Actuarial Specialist

2 weeks ago


Cape Town, South Africa Moving Heads Personnel Full time

**Actuarial Specialist**

**Cape Town**

To assist with actuarial **product management** tasks as an Actuarial Specialist in the Product Management team in Cape Town.
- The product management of by adequately balancing the objectives of the different stakeholders.
- Profitability management of existing products.
- Implementation of changes to align with legislation.
- Identify system errors, propose the most appropriate way to fix these and ensure the successful implementation.
- Ensure that clients are treated fairly through product design, communication and advice, and address any areas on the in-force book where improvement in this respect is required.
- Extraction of maximum value on products through reinsurance optimisation and other initiatives.
- Play a role in the consolidation of products which will involve the following:

- Rationalisation of the existing product range and providing the necessary specifications.
- Planning and implementation of the migration of business from one system platform to another.
- Analyse system data, specification and create output files and reports as required by the business in respect of the consolidation and migration of the product ranges.
- (Co-)create the appropriate product enhancements/changes to be made together with other product specialists and segment managers:

- Documenting and reviewing all existing product bases.
- Propose the appropriate enhancements/changes to existing products and benefits.
- Monitor the experience of important actuarial basis items (e.g. mortality, lapses, etc.) and propose and/or implement rectifying actions where appropriate.
- Positively influence and participate in change initiatives.
- Continuously develop own expertise in terms of professional, industry and legislative knowledge in order to propose the most relevant and innovative client solutions and comply with governance requirements.
- Contribute to continuous innovation through the development, sharing and implementation of new ideas.
- Providing the business requirements and supporting the implementation of:

- Improving client value through the levers that drive it.
- Legal and compliance requirements.
- Product, process and data improvements.
- Produce special quotations for new and existing products.
- Test the implementation of system product changes.
- Matric / Grade 12.
- Actuarial Degree or B-degree with Mathematics or Statistics as majors.
- 2 to 3 years of work experience and experience in product management, product development and/or product pricing in the individual life insurance industry would be an advantage.
- Knowledge of insurance products, contracts and relevant industry legislation and agreements.
- Skills / Experience in data management and extraction would be an advantage.31.1mm

Ability to commute/relocate:

- Cape Town, Western Cape: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Bachelors (preferred)

**Experience**:

- Wealth Industry: 1 year (preferred)


  • Actuarial Specialist

    10 hours ago


    Cape Town, South Africa Moving Heads Personnel Full time

    **Actuarial Specialist** **Cape Town, Gauteng and Overseas** To assist with actuarial **product management** tasks as an Actuarial Specialist in the Product Management team in Cape Town. - The product management of by adequately balancing the objectives of the different stakeholders. - Profitability management of existing products. - Implementation of...


  • Cape Town, South Africa Copper Quail Full time

    Position: Senior Actuarial Specialist: Income SolutionsLocation: Cape Town Our esteemed client, a leading South African-based financial services group, offers a range of insurance, investment, and healthcare solutions to individuals, businesses, and institutions. With a strong focus on meeting the diverse needs of its clients and is committed to enhancing...

  • Specialist Asset

    3 weeks ago


    Cape Town, South Africa Bridgena Barnard & Associates Full time

    Hybrid (Ct or GP) Large Financial Service company needs a specialist for the Asset & Liability BUMatricDegree in Actuarial (Honours and higher preferred in either Maths / Quants / programming) Good progress to qualify as ActuaryStakeholder relationship - IT / Actuarial / Risk Working exp in Actuarial space of 2 to 5 yearsExpertise in PythonPassion for...

  • Specialist Asset

    2 weeks ago


    Cape Town, South Africa Bridgena Barnard & Associates Full time

    Hybrid (Ct or GP) Large Financial Service company needs a specialist for the Asset & Liability BUMatricDegree in Actuarial (Honours and higher preferred in either Maths / Quants / programming) Good progress to qualify as ActuaryStakeholder relationship - IT / Actuarial / Risk Working exp in Actuarial space of 2 to 5 yearsExpertise in PythonPassion for...

  • Specialist Asset

    2 weeks ago


    Cape Town, South Africa Adzuna ZA B C2 Full time

    Hybrid (Ct or GP) Large Financial Service company needs a specialist for the Asset & Liability BUMatricDegree in Actuarial (Honours and higher preferred in either Maths / Quants / programming) Good progress to qualify as ActuaryStakeholder relationship - IT / Actuarial / Risk Working exp in Actuarial space of 2 to 5 yearsExpertise in PythonPassion for...


  • Cape Town, South Africa Copper Quail Full time

    Job DescriptionPosition: Senior Actuarial Specialist: Income SolutionsLocation: Cape Town Our esteemed client, a leading South African-based financial services group, offers a range of insurance, investment, and healthcare solutions to individuals, businesses, and institutions. With a strong focus on meeting the diverse needs of its clients and is committed...

  • Actuarial Manager

    1 week ago


    Cape Town, South Africa Group Finance Full time

    **Introduction** Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and 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. We help people grow their savings,...


  • Cape Town, South Africa Moving Heads Personnel Full time

    Focuses on consolidation of results (profits, plan, monthly reporting, forecasts, etc) and provide insights through analysing the financial results and highlighting the key drivers of results and deviations to forecast and or plan. - Financial Reporting - Consolidation and submission of valuation results (IFRS, MCEV, Assumption changes, RFO and MCEV reports)...


  • Cape Town, South Africa Pro Tem Full time

    The purpose of this role is to perform actuarial product development tasks as well as product and risk management of all retail risk, annuities and savings products for a number of African subsidiaries. The incumbent will form part of the team responsible for: - Product design, - Setting the risk management framework, - Product pricing - Maintaining...

  • Actuarial Analyst

    1 week ago


    Cape Town, South Africa Group Finance Full time

    **Introduction** Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and 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. We help people grow their savings,...


  • Cape Town, South Africa Affirmative Portfolios Full time

    **Insurance** **Cape Town** ***: **ACTUARIAL PRODUCT SPECIALIST - AFRICA (Cape Town)** **INTRODUCTION** The incumbent will play a key role in the Mmerge Product Development team servicing the Africa Segment at the Bellville office. **ROLE PURPOSE** The purpose of this role is to perform actuarial product development tasks as well as product and risk...

  • Actuarial Analyst

    1 week ago


    Cape Town, South Africa Risk Management Full time

    **Introduction** Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and 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. We help people grow their savings,...


  • Cape Town, South Africa Moving Heads Personnel Full time

    Responsible for the calculation of the group assurance valuation results and reporting processes, providing insights to the business, and ensuring appropriate reserves and capital are held. Participate in various projects, which will present opportunities to develop further insights and influence reporting within and across the various teams. - Group...


  • Western Cape, Cape Town, South Africa Momentum Metropolitan Holdings Limited Full time

    Momentum Metropolitan Holdings Limited’s job vacancy, Career and Recruitment Job title : ALM System Senior Specialist / ALM System Actuary jobs in Western Cape Job Location : Western Cape, Cape Town Deadline : May 02, 2024 Quick Recommended Links Jobs by Location Job by industries Requirements Minimum 2 years work experience, with preference for 3-7...

  • Actuary

    1 week ago


    Cape Town, South Africa Network Contracting Full time

    **Requirements**: Matric/Grade 12. An actuarial or B-degree with mathematics or statistics as majors. At least 2 to 3 years of work experience and experience in product management, product development and/or product pricing in the individual life insurance industry would be an advantage. Knowledge of insurance products, contracts and relevant industry...


  • Cape Town, South Africa Moving Heads Personnel Full time

    Work in a small Business Partner Team that consolidates and analyses profits and new business numbers, assisting in forecasting, business planning and financial reporting. Required to assist in preparing regular commentary based on these numbers for management reports. - Financial and Monthly reporting. - Check the quality and reasonability of input data...


  • Cape Town, South Africa Moving Heads Personnel Full time

    Involves the use of modelling expertise, knowledge of IFRS17 and collaborating with other business units to develop and embed solutions that answer valuation, business planning, forecasting and monthly reporting modelling requirements. - Projects - Support the delivery and embedding of projects as and when they arise with initial focus on IFRS17 and...


  • Cape Town, South Africa Adzuna ZA B C2 Full time

    Hybrid / Remote Large Financial Service company needs a specialist for the Asset & Liability BUMatricDegree in Actuarial (Honours and higher preferred in either Maths / Quants / programming) Good progress to qualify as ActuaryStakeholder relationship - IT / Actuarial / Risk Working exp in Actuarial space of 2 to 5 yearsExpertise in PythonPassion for finding...


  • Cape Town, South Africa Bridgena Barnard & Associates Full time

    Hybrid / Remote Large Financial Service company needs a specialist for the Asset & Liability BUMatricDegree in Actuarial (Honours and higher preferred in either Maths / Quants / programming) Good progress to qualify as ActuaryStakeholder relationship - IT / Actuarial / Risk Working exp in Actuarial space of 2 to 5 yearsExpertise in PythonPassion for finding...


  • Cape Town, South Africa Bridgena Barnard & Associates Full time

    Hybrid / Remote Large Financial Service company needs a specialist for the Asset & Liability BUMatricDegree in Actuarial (Honours and higher preferred in either Maths / Quants / programming) Good progress to qualify as ActuaryStakeholder relationship - IT / Actuarial / Risk Working exp in Actuarial space of 2 to 5 yearsExpertise in PythonPassion for finding...