Actuarial Consultant

3 months ago

Bellville, South Africa Progressive IT Resourcing Full time

**What will you do?**

Under general supervision, performs assignments of actuarial-related duties such as preparing, performing and analyzing actuarial research and audits. Other duties include collecting data from various databases and performing standard mathematical calculations.

**What will make you successful in this role?**

**Job Purpose**

Our clients dynamic Product Development team is expanding and they are looking for a self-motivated individual to join the team. Your focus will be on informing, developing and enhancing our annuity and investment product solutions.

**Key outcomes**
- Provide product management insights across the various products
- Manage and review pricing on an ongoing basis
- Support and implement new developments and product enhancements
- Active collaboration with various stakeholders across the product value chain e.g., Actuarial, Legal and Compliance, Finance, Distribution, IT etc.
- Analyse competitor products and pricing, in order to provide insights for developing and maintaining competitive product propositions
- Analyse various aspects of product experience (e.g., mortality, persistency, investment) to assist in identifying trends and opportunities available in the market and potential risks to the business
- Analyse product related data from various sources to assess completeness and accuracy, to identify potential product experience irregularities, and to ensure accuracy of client and product insights

**Qualifications and experience**
- Relevant tertiary degree and studying towards an actuarial qualification
- At least three years’ experience in financial services

**Knowledge and Skills**
- Actuarial Problem Solving
- Issues management
- Attention to detail and accuracy

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