Actuarial Specialist
5 days ago
**Role Purpose**:
To be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a broad, technical role with opportunities to develop in a range of directions.
**Responsibilities and work outputs**
- Collect data from various sources and assess the completeness and accuracy of the data
- Perform data analysis and advise on appropriate actions to be taken
- Perform detailed statistical investigations using specialised software
- Assist in the implementation of various products on the chosen LOB system across all regions
- Devise methods and strategies to implement and monitor underwriting controls across various regions
- Devise and monitor the success of rate making and renewal strategies
- Build and maintain good working relationships with management across various regions
- Ensure adherence to escalation procedures and mandates on system
- Design and develop products and processes that would suit the opportunities identified
- Develop and manage a spectrum of partners that MMI could leverage off in designing the solutions to various identified opportunities
**Competencies required**:
- Analytical
- Planning & Organising
- Problem Solving
- Producing Innovative solutions to problems
- Action Orientation
- Persuasiveness
- Effective Communication (written and verbal)
- Flexibility
- Resilience
- Personal Motivation
- Accountability
- Good interpersonal skills
- Financial Acumen
**Additional Information**:
- Enthusiastic and passionate about the job and the company
- Energetic and a quick worker
- Strong sense of Integrity and honesty
- Ability to respect confidentiality
- Deadline and results oriented
- Organised, self-disciplined and self-motivated
**Experience and Qualifications**:
- Experience in short-term insurance
- Bachelor's degree in actuarial sciences, Science, Finance Commerce or Business Sciences
- Basic programming skills would be advantageous
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