Actuarial Analyst

2 weeks ago

Sandton, South Africa Discovery Ltd. Full time

**Business Unit**:Discovery Life**Function**:Actuarial Sciences**Date**:27-Mar-2023- Discovery Life
Actuarial Analyst - Employee Benefits Valuations**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.**About Discovery Life**
- Discovery Life is an ever growing fast-paced and dynamic environment that provides innovative risk assurance to individual clients. This environment thrives on customer engagement and customer experience as well as mutually beneficial relationships with our brokers and other stakeholders. It is important for our employees to provide a world class service to our internal and external clients, thereby ensuring long and sustainable relationships**Key Purpose**
- There is a role open in the Discovery Employee Benefits actuarial valuations and reporting team. The team is responsible for monthly actuarial reporting, quarterly regulatory reporting, and bi-annual actuarial valuations. The key purpose of this role is to assist with data preparation and experience calculations for reporting. The main reporting items that will be worked on include claims provisions and experience, premium movements, and analysis of business volumes. Day-to-day work may require collaboration with teams across the business with the aim of making processes more efficient and improving the product offering.- **Areas of responsibility may include but not limited to**:

- Data clean-ups and preparation for reporting and experience analyses
- Calculation of key actuarial metrics for the various reporting items the team is responsible for
- Enhance existing processes
- Maintaining and updating data controls and systems
- Working with other teams across the business to improve data and client experience metrics

**Education and Experience**

**Essential**:

- Matric with Mathematics
- Bachelor’s/Honours degree in Actuarial Science from an accredited institution
- Progress / intention towards qualifying as a Fellow of the Actuarial Society of South Africa (or international equivalent)

**Advantageous**:

- Honours in Actuarial Science
- CT1 and CT5 exemption, or equivalent
- 1 year’s work experience

**Technical Skills and Knowledge**

**Essential**:

- Problem solving
- Analytical thinking
- Effective communications skills
- Proficiency in MS Office

**Advantageous**:

- Prophet experience
- SQL coding experience
- 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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