Actuarial Manager
3 weeks ago
Key Responsibilities
- Business Requirements Identification: Elicit and document complex business requirements using various methods, such as interviews and workshops, while analyzing root causes and developing solutions that align with business objectives.
- Stakeholder Engagement: Collaborate with internal and external stakeholders to understand their needs, communicate project progress, and ensure timely delivery of analyses.
- Actuarial Modeling: Develop, maintain, and implement actuarial models and processes that accurately estimate business realities, ensuring models are well-documented and regularly monitored for performance.
- Data Collection & Analysis: Utilize diverse data sources to analyze key business themes, extract and verify data for actuarial models, and ensure alignment with credible data sources.
- Model Deployment and Testing: Plan and execute systems changes, engage with users for requirements, conduct impact and sensitivity analyses, and maintain documentation for model deployment.
- Insights and Reporting: Design and create reporting strategies, lead the execution of complex reports, and communicate actionable insights to stakeholders.
- Leadership and Direction: Motivate the team to implement the actuarial strategy, ensure accountability for performance objectives, and manage talent development and succession planning.
- Improvement and Innovation: Identify shortcomings in existing practices, suggest improvements, and stay updated with industry developments to proactively develop solutions.
- Operational Compliance: Monitor compliance with organizational and regulatory standards, maintaining professionalism in accordance with the Actuarial Society of South Africa.
- Building Capability: Mentor and coach staff to enhance their technical and professional skills, ensuring continuous development in data analysis and modeling techniques.
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