Actuarial Analyst

2 weeks ago

Durban, South Africa Unique Personnel Full time

**Job Number**
- 72541

**Job Type**
- Permanent

**Job Title**
- Actuarial Analyst

**Computer Skills**
- Python,SQL,R

**Industry**
- Banking

**City**
- eThekwini (Durban)

**Province**
- Kwazulu Natal
- Help produce monthly reporting packs for DIVCO and INEXCO based on automated dashboards that provide detail for a helicopter view of product KPIs.
- Assist with producing quarterly reporting packs for the Actuarial Control Committee (ACC) and Market Conduct (MC).
- Assist with compiling product reviews / deep dives on concerns that may be highlighted by the product dashboards and presented to the ACC.
- Be responsible for quarterly monitoring reports for products as required that must be submitted to the Head of Actuarial Control (HAF).
- Assist with completing product certification packs for the HAF as required for any product enhancements.
- Produce product closure papers for the HAF as and when required.
- Engage with key employer schemes on book to maintain and build sound relationships.
- Engage with Distribution, Client Experience and Operations to streamline processes and ensure all areas are working effectively in maximising the client value while ensuring product profitability to make the portfolio commercially viable.
- Engage with the system developers to ensure any system changes and additions identified are implemented.
- Review and update product registers, pricing policies, underwriting manual, policy documentation, market material and other product collateral as required by regulation or business from time to time.
- Review the expense assumptions that have been included in the reserving assumptions by Corporate Actuarial that impact the product profitability.
- Monitor and review lapse experience within the portfolio to ensure better persistency.
- Assist with product development, market research and data analytics as required.
- Assist with product pricing in Excel and Prophet.
- Help implement new pricing and quotation tools for improved efficiencies**Inherent Requirements**
- Bachelor of Commerce or Bachelor of Science in Actuarial Science and studying towards qualifying as an Actuary
- 3 - 5 years in the Actuarial field. Exposure within a Product role within Life Assurance in the Actuarial profession and some exposure to Corporate Actuarial will be a bonus.

**What Qualification**
- Bachelor of Commerce or Bachelor of Science in Actuarial Science

**Minimum Qualification**
- Bachelors

**Status**
- Available

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