Senior Actuary

19 hours ago

Cape Town, Western Cape, South Africa Network Recruitment Full time
Job Title: Senior Actuary

Network Recruitment is seeking a highly skilled Senior Actuary to join our team. As a Senior Actuary, you will be responsible for developing and managing competitive risk cover products, including life insurance, health insurance, disability cover, critical illness, and credit life.

Key Responsibilities:
  • Oversee all aspects of product development and client experience across various sales channels to ensure products remain profitable and aligned with the changing market landscape.
  • Examine product and client data from multiple sources to identify potential irregularities in product experiences, ensuring accuracy of insights and analysis.
  • Assess competitor products and international market trends to offer insights for creating and sustaining competitive end-to-end solutions.
  • Conduct experience investigations, modeling, and data analysis to design, price solutions, and monitor the performance of existing products.
  • Create product health reports and present findings on product profitability and insights from analyses to support decision-making and guide appropriate actions.
  • Offer expert advice on technical and actuarial product matters to clients and stakeholders.
  • Develop and sustain collaborative relationships with various internal and external stakeholders, including colleagues in solutions, IT, sales and distribution, legal, servicing, and valuations.
  • Engage in fostering a culture that promotes collaboration, encourages innovation, facilitates feedback, and delivers exceptional client service.
  • Exhibit outstanding leadership by showing personal commitment, involvement, and dedication to upholding the organization's values.
Requirements:
  • Bachelor's degree in Actuarial Science, Statistics, Mathematics, or a related field.
  • Fully qualified Actuary (FASSA, FIA, or equivalent).
  • Expertise in actuarial modeling, product pricing, and statistical analysis techniques.
  • 3 to 5 years of experience in a product owner or manager role.

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