Actuarial Analyst

2 weeks ago


Sandton, South Africa Discovery Ltd. Full time

**Business Unit**:Discovery Insure**Function**:Actuarial Sciences**Date**:26-Apr-2023- Discovery - Insure- Corporate Actuarial Analyst**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.**Key Purpose**
- The focus of the role will be to assist with claims reserving, experience monitoring as well as various regulatory capital submissions and ad-hoc investigations and projects. The role involves exposure to a wide range of areas such as underwriting, claims, legal, finance and wider operations**Areas of responsibility may include but not limited to**
- Estimation and refinement of monthly reserving calculations
- Monitoring monthly experience (e.g. claims, premiums) to understand trends
- Assistance with regulatory submissions on solvency and capital
- Process improvement and model development
- Other strategic ad-hoc projects (e.g. operational predictive modelling)
- Writing reports for and presenting to the Discovery Insure Actuarial Committee
- Creating presentations for Discovery Insure Board and EXCO

**Behavioural Attributes and Skills**
- Microsoft Office (Advanced)
- Programming Skills: SQL, R and/or Python (Intermediate)

**Knowledge**
- _Short term insurance experience_
- Actuarial reserving, Capital Modelling and/or Pricing

**Qualification**
- _Matric (Essential)_
- _Honours degree in Actuarial Science (Essential)_
- _AMASSA (Essential) or FASSA (Advantageous)_

**Experience**
- Minimum of 2 years 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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