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Conservation Strategy Specialist

1 week ago

Sandton, South Africa Discovery Limited Full time

The Conservation Strategy Specialist will play a key role in supporting the Conservation (Retentions) Strategy team at Discovery Limited.

Key Responsibilities

The primary responsibility of this role will be to support the Conservation (Retentions) Strategy team by conducting and utilizing various analyses to inform, develop, and implement strategies aimed at both proactive and reactive client retention for Discovery Life.

Key responsibilities may include but are not limited to:

  1. Extract and analyze data to identify key trends in distribution, product adoption, lapses, Vitality engagement, and other areas.
  2. Brainstorm and research new and emerging fields to contribute to innovative solutions.
  3. Utilize technical product knowledge, including competitor insights, to identify business opportunities.
  4. Motivate and support Conservation (Retentions) initiatives within various prioritization forums, ensuring timely and effective implementation.
  5. Collaborate with Operations, Systems, Marketing, and Distribution stakeholders to refine strategies and develop implementation plans.
  6. Establish and monitor metrics to evaluate the effectiveness of strategies, updating current strategies and driving the development of new ones.

Required Skills and Qualifications

Essential:

  1. Matric with Mathematics
  2. Relevant Bachelor's/Honours degree in Actuarial Science from an accredited institution
  3. Fellow of Actuarial Society of South Africa (or any other recognised actuarial professional body)
  4. At least 3 years working experience as an Actuarial Analyst within the Insurance Industry

Advantageous:

  1. Working experience as an Actuary in the Life Insurance industry
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