Actuarial Analyst

1 month ago


Centurion, South Africa Momentum Insure Company Limited Full time

**Introduction**
- Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.**Role Purpose**
- To be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a technical role with opportunities to develop.**Requirements**:
**Experience and Qualifications**
- 1 - 3 years short-term insurance, with experience in Short-term Insurance pricing, will be preferred.
- A degree in Actuarial Science, Statistics, Business Sciences or Business Mathematics. Other degrees or postgraduate qualifications with a statistical/modelling aspect and/or experience will be considered.
- Microsoft Excel proficiency.
- Basic programming skills.

**Duties & Responsibilities**
- Collect data from various sources and assess the completeness and accuracy of the data.
- Perform data analysis and advise on appropriate actions to be taken.
- Perform detailed statistical investigations using specialised software.
- Technical pricing model development and implementation assistance.
- Technical pricing innovation and improvement on existing models
- Street pricing development and practical implementation assistance
- Pricing monitoring.
- Input into product development and business processes where required.
- Design and build analytical solutions to meet business needs.

**Competencies**
- Analytical and technical skills.
- Problem solving
- Producing innovative solutions to problems
- Effective communication (written and verbal)
- Accountability
- Good interpersonal skills
- Proficient in managing priorities


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