Specialist: Actuarial Services
2 weeks ago
Duties & Responsibilities:
- **Maintain optimal system accuracy and performance from a values and functionality perspective**
- Assist with implementation and test automation of system programs for correctness on the administration system
- Assist with automation and integration of other Assupol Group divisions on the administration system
Provide accurate and easily accessible information for optimal client servicing (TCF)
- **Contribute to product development**
- Research of new market developments.
- Compare pricing & design of products with competitors
- Test quotation packages for new products (and product reviews)
- **Maintenance of reinsurance treaties**
- Provide data and information to reinsurers for special projects
Compile and submit reinsurance data and premiums to reinsurers on a monthly basis
- **Provide professional input & support to the Group (amendments & general advice)**
- Answer client queries of a technical nature that was escalated to Actuarial Support
- Attend to ombudsman queries of a technical nature
- Validate amendments to policies where actuarial support is required
Assist with values and product related queries from other Assupol departments (letters to be written, values queries and tax directive management)
- **Updating of financial transactions**
Implementation of investment portfolio returns on the administration system
- **Monitoring of in-force business**
- Analyse in-force data
Perform analysis on lapse and mortality/morbidity experience
- **Administration of the Carefree Life Retirement Annuity Fund**
- Produce annual RA certificates for mailing to clients
Assist with compilation of the report for the quarterly Carefree Life Retirement Annuity Fund Trustee Meeting
Formal Education
B Degree Actuarial Sciences
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