Actuarial Specialist
1 month ago
Centurion
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 broad, technical role with opportunities to develop in a range of directions. Responsibilities and work outputs
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
Assist in the implementation of various products on the chosen LOB system across all regions
Devise methods and strategies to implement and monitor underwriting controls across various regions
Devise and monitor the success of rate making and renewal strategies
Build and maintain good working relationships with management across various regions
Ensure adherence to escalation procedures and mandates on system
Design and develop products and processes that would suit the opportunities identified
Develop and manage a spectrum of partners that could leverage off in designing the solutions to various identified opportunities Competencies required:
Analytical
Planning & Organising
Problem Solving
Producing Innovative solutions to problems
Action Orientation
Persuasiveness
Effective Communication (written and verbal)
Flexibility
Resilience
Personal Motivation
Accountability
Good interpersonal skills
Financial Acumen Additional Information
Enthusiastic and passionate about the job and the company
Energetic and a quick worker
Strong sense of Integrity and honesty
Ability to respect confidentiality
Deadline and results oriented
Organised, self-disciplined and self-motivated Experience and Qualifications
Experience in short-term insurance
Bachelor's degree in Actuarial Sciences, Science, Finance Commerce or Business Sciences
Basic programming skills would be advantageous
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