Actuarial Expense Specialist
7 days ago
**Who are we?**
At MiWay, our purpose is to enable people to live their way. We understand that life is not just about "things" but the meaning that those things bring to your life. We believe that technology and innovation have infinite possibilities when it's inspired by humans by you.
Therefore, we focus on our clients' needs; finding new ways to simplify their lives and how they do things.
We give them products, services, and solutions that enable them to live and enjoy life on their own terms - in their own way.
Agile values and principles are strongly embedded in our culture, and they are at the core of how we make decisions and how we approach adding value within the company.
**What will you do?**
- An exciting new opportunity exists in the MiWay Actuarial team- We are continuously looking to enhance the way we quantify risk, price and design our products. Come join the team and be part of the challenge.- Minimum Qualification Required- Bachelors degree in Actuarial Science, Pure/Applied Mathematics or related field
**Minimum Experience**
- 3 Years experience in short-term insurance, expense analysis or incentives structures
**Deliverables include, but will not be limited to**
- Analyse company expenses in order to gain management insights
- Analyse and recommend initiatives to reduce the expense ratio
- Model expenses to inform office premium pricing
- Drive changes to incentive structures to improve agent productivity and reduce expenses
**Competencies Required**
- Analytical and critical thinker with a curious mind
- Detail-oriented
- Excitement to drive change within the business
- Able to tolerate conflict, understanding that not everyone will the changes that may be required
- A solid grasp of SQL, SSAS, Oracle, Python, R, Excel and dashboard software (eg Power BI) would be advantageous
- Agile and willing to change priorities as business needs change
- Able to work alone and in team
**Knowledge and Skills**
- Actuarial Problem Solving- Issues management- Attention to detail and accuracy**Personal Attributes**
- Self-development - Contributing independently- Interpersonal savvy - Contributing independently- Nimble learning - Contributing independently- Tech savvy - Contributing independently**Core Competencies**
- Cultivates innovation - Contributing independently- Customer focus - Contributing independently- Drives results - Contributing independently- Collaborates - Contributing independently- Being resilient - Contributing independently**Build a successful career with us**
- We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.**Turnaround time**Our commitment to transformation**
At MiWay we believe in cultivating a positive and dynamic working environment that gives you freedom and opportunity to succeed. MiWay is committed to transformation and embracing diversity. This is what drives us to achieve a multicultural workplace with employment equity as a key goal to create an inclusive workforce, reflective of the demographics of our society.
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