Senior Actuarial Specialist

5 months ago

Cape Town, South Africa Metropolitan Life Full time

**Introduction**

Metropolitan is one of the oldest financial services brands in South Africa. With a 125-year legacy of serving the communities in which it operates, Metropolitan represents true empowerment in serving Africa's people through affordable financial solutions that create financial growth and security.

Metropolitan operates in South Africa, but the brand is also present in 12 African countries including, Namibia, Botswana, Kenya, Ghana, Nigeria, Lesotho, and Swaziland. Metropolitan provides financial wellness solutions that meet the needs of low income clients, including funeral insurance, health, savings, hospital cash-back cover, retirement solutions and life insurance.

**Role Purpose**

Perform actuarial product development and management tasks as a member of the Investment and Saving Solutions product management team, and so doing address specific client needs to enhance and support our client value proposition across target segments. This extends to all aspects of client experience across the various sales and service channels that clients engage with.

The focus will be the various income solutions e.g., life, capital preservation and living annuities offered by Metropolitan.

People in this role work as part of the solution design team.

The Investment and Saving Solutions team is responsible for, but not limited to, the following solutions: endowments, tax-free savings plans, money market and management solutions, retirement annuities, preservation fund plans and retirement income solutions (i.e., life and living annuities).

**Requirements**:

- Nearly qualified Actuary (ASSA/IFoA)
- At least 4 years’ actuarial work experience
- Product development experience preferred
- Experience working with income solutions will be an advantage
- Knowledge on statistical analysis techniques
- Proficient in MS Office Packages (MS Outlook, MS Word, MS PowerPoint, MS Excel)
- Naturally inquisitive mind-set, with a strong innovation abilities
- Team player and ability to work with a diverse group of people
- Be willing to demonstrate ethical leadership in challenging circumstances

**Duties & Responsibilities**
- Perform experience investigations, modelling and data analysis using specialised software, to support the actuarial team to develop new investment and saving solutions and monitor experience on existing investment and saving solutions.
- Analyse product related data from various sources to assess completeness and accuracy, identifying potential errors and irregularities, to ensure accuracy of client and product insights and analysis.
- Develop and maintain pricing models and basis. Prepare product health reports and present insights derived from analyses, to support decision-making and inform appropriate actions through various options and scenarios.
- Source and analyse competitor investment and saving products and pricing models to provide insight into product and pricing models for investment and saving solutions.
- Provide technical actuarial support to the Investment and Saving Solutions team and claims areas to support various initiatives.
- Build and maintain relationships with various internal and external stakeholders, such as IT, distribution, legal, service, claims, asset management and valuations.
- Make recommendations to improve client service and fair treatment of clients on investment and saving solutions.
- Collaborate on client journey and solution design through client insights gathering and the analysis thereof.
- Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
- Conduct relevant research to inform pricing and design assumptions, projections and advice provided to the business, and to develop own expert opinion.
- Collaborate with teams to identify trends, opportunities, threats, and environmental influences which impact on target segments.
- Develop and maintain productive and collaborative working relationships with peers, clients and stakeholders.
- Encourage innovation, change agility and collaboration within the team.
- Continuously develop own expertise in terms of professional, industry and legislation knowledge.
- Contribute to continuous innovation in investment and saving solution design and processes through the development, sharing and implementation of new ideas.
- Take ownership for driving career development.
- Effectively manage time and ensure optimal productivity.
- Ensure technical product and legislative, regulatory and compliance knowledge are always current to propose the most relevant and innovative client solutions and comply with governance requirements.
- Be self-confident, self-motivated and relentlessly pursue targets and goals.
- Identify solutions to enhance cost effectiveness and increase operational efficiency of investment and saving solutions.
- Provide input into the risk identification processes and communicate recommendations in the appropriat

  • Actuarial Specialist

    3 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: Develop and enhance pricing models for short-term insurance products. Analyze data trends to inform pricing strategies and...

  • Actuarial Specialist

    1 month ago

    Cape Town, Western Cape, South Africa Network Recruitment Full time

    Actuarial SpecialistAre you a detail-oriented actuarial professional with a passion for precision and strategy? We're seeking a skilled Actuarial Specialist to join our dynamic team at Network Recruitment.Key Responsibilities:Develop and refine pricing models for insurance products, ensuring accuracy and competitiveness.Analyze market trends and competitor...

  • Senior Actuarial Specialist: Pricing

    3 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you a seasoned Actuary with a strategic mindset for pricing? Join our team as a Senior Actuarial Specialist and take a lead role in shaping cutting-edge pricing frameworks for short-term insurance. Key Responsibilities: Design and refine pricing models to elevate short-term insurance products. Analyze data trends to craft competitive pricing strategies....

  • Actuarial Specialist

    2 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced actuary with a passion for pricing strategy in the short-term insurance sector? We are looking for a Senior Actuarial Specialist to join our high-performing Short-Term Pricing team. In this pivotal role, you will leverage your expertise to develop, implement, and refine pricing models that drive business growth and ensure competitive...

  • Actuarial Specialist

    2 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategy in the short-term insurance sector? We are looking for a Senior Actuarial Specialist to join our high-performing Short-Term Pricing team. In this pivotal role, you will leverage your expertise to develop, implement, and refine pricing models that drive business growth and ensure competitive...

  • Senior Actuarial Specialist

    2 months ago

    Cape Town, South Africa Network Recruitment Full time

    Are you ready to bring your actuarial expertise to a team where technical skill meets commercial strategy? Our client is seeking a highly skilled professional to join their Life team in Cape Town . This role offers the opportunity to work on complex actuarial projects while delivering key business insights to senior management. Key Responsibilities:...

  • Actuarial Specialist

    2 months ago

    Cape Town, South Africa Network Recruitment Full time

    Are you a detail-oriented actuarial professional with a passion for precision and strategy? Join our dynamic team and play a crucial role in shaping financial solutions that make a difference Key Responsibilities: Develop and refine pricing models for insurance products, ensuring accuracy and competitiveness. Analyse market trends and competitor strategies...

  • Actuarial Specialist

    1 month ago

    Cape Town, Western Cape, South Africa Network Recruitment Full time

    Senior Actuarial SpecialistWe are seeking a highly skilled Actuarial Specialist to join our esteemed Life team in Cape Town. This role offers an exceptional mix of technical actuarial duties and commercial exposure.Key Responsibilities:Valuation Analysis: Conduct detailed analysis and consolidation of Embedded Value (EV) results, preparing thorough...

  • Actuarial Specialist

    4 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: Develop and enhance pricing models for short-term insurance products.Analyze data trends to inform pricing strategies and...

  • Actuarial Specialist

    1 day ago

    Cape Town, South Africa Network Recruitment Full time

    Our client is seeking a skilled professional to join their esteemed Life team in Cape Town. This role offers an exceptional mix of technical actuarial duties and commercial exposure. You will play a pivotal role in consolidating valuation results, generating insightful business analyses, and presenting key findings to senior management. Key Responsibilities:...

  • Actuarial Modelling Specialist

    2 weeks ago

    Cape Town, Western Cape, South Africa Network Recruitment Full time

    Job Title: Senior Actuarial SpecialistJob Summary:We are seeking a highly skilled Senior Actuarial Specialist to join our Short-Term Pricing team. The ideal candidate will have a strong background in short-term insurance pricing and actuarial modelling. Responsibilities include leading pricing analysis and model development, providing expert actuarial...

  • Actuarial Specialist

    4 weeks ago

    Cape Town, Western Cape, South Africa Network Recruitment Full time

    **Actuarial Specialist Role at Network Recruitment**We are seeking a detail-oriented actuarial professional to play a crucial role in shaping financial solutions that make a difference.Key Responsibilities:Develop and refine pricing models for insurance products to ensure accuracy and competitiveness.Analyse market trends and competitor strategies to inform...

  • Actuarial Specialist

    4 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities:Develop and enhance pricing models for short-term insurance products.Analyze data trends to inform pricing strategies and...

  • Actuarial Specialist

    3 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: Develop and enhance pricing models for short-term insurance products. Analyze data trends to inform pricing strategies and...

  • Senior Actuarial Specialist: Pricing

    3 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you a seasoned Actuary with a strategic mindset for pricing? Join our team as a Senior Actuarial Specialist and take a lead role in shaping cutting-edge pricing frameworks for short-term insurance.Key Responsibilities:Design and refine pricing models to elevate short-term insurance products.Analyze data trends to craft competitive pricing...

  • Senior Actuarial Specialist: Pricing

    3 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you a seasoned Actuary with a strategic mindset for pricing? Join our team as a Senior Actuarial Specialist and take a lead role in shaping cutting-edge pricing frameworks for short-term insurance. Key Responsibilities: Design and refine pricing models to elevate short-term insurance products. Analyze data trends to craft competitive pricing strategies....

  • Actuarial Specialist

    3 weeks ago

    Cape Town City Centre, South Africa Jobted ZA C2 Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: - Develop and enhance pricing models for short-term insurance products. - Analyze data trends to inform pricing...

  • Senior Actuarial Specialist

    3 weeks ago

    Cape Town, Western Cape, South Africa Old Mutual Full time

    About This RoleWe are seeking a highly skilled Actuarial Specialist to join our Legacy and Product Management team within OMiX Savings & Income. The successful candidate will be responsible for delivering market-leading investment solutions in a dynamic environment.Key ResponsibilitiesInvestigate product rules, business optimisation, and feasibility studies,...

  • Senior Actuarial Specialist: Pricing

    3 weeks ago

    Cape Town City Centre, South Africa Jobted ZA C2 Full time

    Are you a seasoned Actuary with a strategic mindset for pricing? Join our team as a Senior Actuarial Specialist and take a lead role in shaping cutting-edge pricing frameworks for short-term insurance. Key Responsibilities: - Design and refine pricing models to elevate short-term insurance products. - Analyze data trends to craft competitive pricing...

  • Actuarial Specialist

    2 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced actuary with a passion for pricing strategy in the short-term insurance sector? We are looking for a Senior Actuarial Specialist to join our high-performing Short-Term Pricing team. In this pivotal role, you will leverage your expertise to develop, implement, and refine pricing models that drive business growth and ensure competitive...