Junior Actuarial Analyst

2 days ago


Centurion, South Africa Momentum Metropolitan Holdings Full time

-Introduction

Momentum Metropolitan Holdings Limited (MMH) is a South African-based financial services group listed on the South African stock exchange, the JSE. The core businesses of MMH are long and short-term insurance, asset management, savings, investment, healthcare administration and employee benefits. These product and service solutions are provided to all market segments through operating brands Metropolitan and Momentum.

We are looking for a technically savvy Actuarial Analyst in our Investo Product Solutions team within Momentum Life.

You will have the opportunity to become part of a highly professional actuarial team within a strategically positioned business unit and gain exposure which will contribute to your learning and career development.
Role Purpose

As a product specialist this role will support the product development and management of the Investo range of products.

The role offers variety of exposure while developing actuarial judgement in balancing the needs of various stakeholders.
Requirements
- A graduate degree in Actuarial Science or related degree
- 0-2 years' experience in the life insurance industry
Duties & Responsibilities
- Supporting the design of innovative product solutions
- Supporting analysis of drivers of profit to improve profitability
- Supporting engagement with various stakeholders within the business, including experienced actuaries and other professionals, regarding issues affecting our products
- Assisting with presentations to internal product and executive committees regarding product investigations
- Building and maintaining models of the business
- Analytics to improve understanding of the business and feedback into product development and management
- Supporting effective implementation of product solutions
- Supporting the management of contractual obligations towards clients
- Performing competitor analysis and investigations
- Supporting cross-functional teams within the department
- Providing support to the training and distribution areas
- Documenting business requirements
- Supporting investigations into ongoing regulatory compliance
- Supporting provisioning of technical marketing
Competencies
- Attention to detail
- Accountability
- Problem solving and analytics
- Teamwork
- Excellent verbal and written communication skills
- Drive for results

The role is currently available in MMH's Investo Product Development team based at our Head Office in Centurion
- Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.


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