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Actuary - Data Strategist

1 week ago


Sandton, South Africa Discovery Limited Full time

Discovery Limited is a fast-paced and dynamic organization that provides innovative risk assurance to individual clients.

About Our Actuary Research & Development Team

Our team thrives on customer engagement and customer experience as well as mutually beneficial relationships with our brokers and other stakeholders.

We seek out exceptional individuals who understand and support our core purpose of making people healthier and enhancing and protecting their lives.

The main responsibility of this role is 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.

This process involves continuously monitoring the effectiveness of implemented strategies and incorporating feedback into ongoing strategy development.

Areas of responsibility may include but are not limited to:

  1. Extracting and analysing data to identify key trends in distribution, product adoption, lapses, Vitality engagement, and other areas.
  2. Brainstorming and researching new and emerging fields to contribute to innovative solutions.
  3. Utilizing technical product knowledge, including competitor insights, to identify business opportunities.
  4. Motivating and supporting Conservation (Retentions) initiatives within various prioritization forums, ensuring timely and effective implementation.
  5. Collaborating with Operations, Systems, Marketing, and Distribution stakeholders to refine strategies and develop implementation plans.
  6. Establishing and monitoring metrics to evaluate the effectiveness of strategies, updating current strategies and driving the development of new ones.