Actuarial Analyst

2 weeks ago

Sandton, South Africa Discovery Ltd. Full time

**Business Unit**:Discovery Insure**Function**:Actuarial Sciences**Date**:03-May-2023- Discovery - Insure- 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.**Key Purpose**
- To assist in the pricing of DBI’s products and management of the portfolio**Areas of responsibility may include but not limited to**
- Be responsible for developing and monitoring technical pricing models across the Commercial portfolio to ensure a pricing framework is in place which will assist in reaching our business objectives
- Assess the effectiveness of current strategies with the outcome of proposing changes which maximise business efforts
- Create and develop processes which drive efficiencies within the operational environment of the business
- Solve immediate business problems which fall within the pricing ambit of responsibility as and when they arise
- Assist in the product development process by providing estimates of price changes associated to new benefits
- Formulate business rules as part of larger strategic projects

**Behavioural Attributes and Skills**
- Analysis and critical thinking
- The ability to break bigger tasks into smaller achievable steps
- Structured
- Responsible, dependable and able to take accountability
- Consultative
- Deciding and initiating action

**Knowledge**
- Short term pricing experience
- Commercial insurance exposure
- Modelling skills preferred (Basic)
- Programming Skills: VBA & SQL (Intermediate)
- Towers Watson Pricing Software (Advantageous)
- Microsoft Office (Excel, PowerPoint and Word) (Advanced)

**Qualification**
- Matric (Essential)
- Honors (Advantageous)

**Experience**
- 2 years (Advantageous)
- 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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