Risk Specialist

2 weeks ago

Cape Town, Western Cape, South Africa Old Mutual Full time

Job Title: Risk Specialist - Pricing Expert

Old Mutual is seeking a highly skilled Risk Specialist to join their team in the Western Cape. As a key member of the Group Risk environment, you will be responsible for managing an existing portfolio of Key clients.

Key Responsibilities:

  • Manage a portfolio of Key clients to ensure financial soundness and conformance to service level agreements
  • Checking of rate review output
  • In-depth analysis of claims experience
  • Evaluate the risk and apply sound judgement to set the final risk rates, evidence of health limits and any additional terms and conditions
  • Provide sufficient context and justification for risk rate changes
  • Timeous update of controls
  • Quality Assurance for risk rates on small and medium clients
  • Establishing and maintaining relationships with internal and external stakeholder
  • Respond to and resolve enquiries from various stakeholders and clients

Requirements:

  • Matric (with Mathematics)
  • Tertiary qualification would be advantageous
  • Insurance industry experience
  • At least 3 to 5 years working knowledge of pricing and rating principles in a Group Risk environment
  • In-depth knowledge/experience working within and pricing in a Group Assurance/Risk environment would be advantageous
  • Proven numerical ability / mathematical reasoning skills
  • Computer literate and proficient in MS Office e.g. Word, Excel and Outlook etc.
  • Ability to plan and prioritise effectively
  • Have sound analytical and problem solving abilities with a focus on attention to detail
  • Customer centric
  • Have strong communication and interpersonal skills
  • Work effectively with internal and external colleagues and clients

What We Offer:

  • R260,000 - R340,000 per annum
  • Ongoing training and development opportunities
  • A dynamic and supportive work environment

We are an equal opportunities employer and welcome applications from diverse candidates.

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