Actuarial Analyst: Partner Products
2 weeks ago
**Job Advert Summary**:
**The primary purposes of this role are to**:
- Assist with the design, development, pricing and maintenance of the Hollard Life Solutions (HLS) insurance products (life, risk and simple short-term products).
- Support the actuarial administration and management of the in-force suite of products.
Monitor the ongoing product profitability and to assist with the management thereof within Hollard’s risk appetite.
- Conduct and assist with experience investigations, including the required data-related work.
- Collaborate with other team members in a professional manner in order to deliver on Hollard’s shared vision.
**Key Responsibilities**
- Define benefit and technical specifications for new product developments and enhancements to existing products.
- Resolve technical queries on premiums, benefits and values and assist with product and benefit complaints appropriately.
- Technical pricing (assumption setting, premium calculation, pricing review and financial business projections) of new and existing products and benefits.
- Draft and/or review policy documents, policy terms and conditions, product marketing and customer communication, and ensuring that these are compliant to Governance standards within Hollard.
- Ensure alignment of new and existing products to legislation, industry guidelines or codes.
- Testing premiums and benefits to ensure products are implemented in line with specifications.
- Monitor ongoing performance of products and assess whether product development objectives are being met.
- Ad-hoc projects and investigations.
- Monitor the competitive positioning of products and benefits relative to the market by features, simplicity, price and ease of business.
- potential risks associated with benefits and customer segments as well as opportunities to mitigate or avoid.
- Develop product and benefit training material as required.
- Conceptualise new products and product enhancements.
- Provide product support to other internal departments such Operations and Distribution.
- Provide technical benefit support on public relations articles.
- Engage with other stakeholders in the business.
**Required Knowledge and Experience**:
- 0 to 3 years of experience in financial services. Exposure to life insurance is beneficial.
- Knowledge of VBA is beneficial.
- Knowledge of SQL is beneficial.
- Required Knowledge and Skills
- High attention to detail
- High degree of accuracy
- Technically strong
- Ability to work on multiple tasks simultaneously
- Ability / desire to challenge the status quo
- Sound relationship building skills
- Passion for products, pricing and people
- Broad Life Insurance knowledge
- Broad understanding of insurance distribution methods and administration systems
- Commercial mindset and interest in the role of life insurance within society
- Ability to plan, prioritise and work towards deadlines
- Ability to communicate clearly to colleagues and management both verbally and in writing with the ability to tailor complex communication depending on the audience
- Self-starter / initiator
- Critical thinking and sound questioning of concepts or ideas
- Analytical skills and attention to detail, balanced with strategic vision, a strongly developed creative side and big-picture thinking ability
**Educational Requirements**:
- 3-year degree in actuarial science.
**All Hollard appointments are made in line with our DEI policy.**
- Hollard is unapologetically committed to creating and enabling a workplace that values your diversity with a true sense of care, dignity and inclusion.?We actively seek to hire for your different lived experiences (including, but not limited to disability, race, religion, ethnicity, culture, language and social origin, gender diversity, sexual orientation, neurodiversity). These grounds enhance cognitive diversity and psychological safety in our workplace for everyone._
- We proudly promote the “Hollard Way we work,” which is a combination hybrid work environment at this time.? We offer flexibility in our work as far as possible, dependent on the nature of the role. Even if you don’t meet all our selection criteria, we encourage you to apply_
-
Actuarial Analyst
1 week ago
Parktown, South Africa Hollard Recruitment Full time**Job Advert Summary**: Helloan exciting new opportunity has just become available in our **Insure, Risk & Underwriting (Commercial Pricing) team. **We are looking to recruit an **Actuarial Analyst.** **Role Objectives**: Contribute towards growth, efficiency, and sustainability objectives of the Company. **Key Responsibilities**: The range of products...
-
Actuarial Analyst
3 weeks ago
Parktown, South Africa Rand Mutual Assurance Full time**THE JOB AT A GLANCE** Reporting into the Special Projects Actuary, the Actuarial Analyst will be primarily responsible for execution of strategic actuarial projects under general supervision. **WHAT WILL YOU DO?** - Development and pricing of strategic products and services. - Build and optimise pricing and quotation systems in conjunction Product,...
-
Actuarial Analyst
7 days ago
Parktown, South Africa Hollard Recruitment Full time**Job Advert Summary**: Hello from Hollard A new opportunity has just become available in our **Insure, Risk & Underwriting (Commercial Pricing) team. **We are looking to recruit an **Actuarial Analyst.** ***About Hollard** Join the largest privately owned insurance group in South Africa and be part of a family like no other. Where all employees embrace...
-
Actuarial Analyst
1 week ago
Parktown, South Africa PPS Recruitment Full time**Job Advert Summary**: Reporting to Head of Valuations, the role will be responsible for analysing risk evaluation data, coordinating, preparing, and performing actuarial analyses, which are required when pricing and developing new products, projecting future results, reserving and repricing existing products. The role will interact with other teams within...
-
Manager: Actuarial
1 week ago
Parktown, South Africa PPS Recruitment Full time**Job Advert Summary**: A specialist manager in the Product Development department who reports into the Senior Manager of Actuarial Business Solutions. Main purpose of the role is to own and maintain the PPS Insurance risk product pricing models and ensure that pricing of new products or enhancements to existing products are actuarially sound. The role...
-
Junior Actuarial Analyst
3 weeks ago
Parktown, South Africa PPS Recruitment Full time**Job Advert Summary**: The PPS MVP Department is looking for an individual to complement its already very talented team. This position is based at PPS Head Office, in Parktown. The role will focus on supporting the Actuarial Business Solutions Team in fulfilling their duties specifically with regards to new product development (including pricing and...
-
Head of Actuarial
4 days ago
Parktown, South Africa Rand Mutual Assurance Full timeReporting to the Executive Actuary, the Head of Actuarial: RML will be responsible for overseeing a team of actuarial professionals who will be responsible for the design and pricing of life products, as well as strategic actuarial support to the business. The incumbent will be responsible for leading product design, actuarial modelling, pricing, project...
-
Investments Analyst
4 days ago
Parktown, South Africa Hollard Recruitment Full time**Job Advert Summary**: Hello an exciting new opportunity has just become available in our HINT, Actuarial area. We are looking to recruit an Investment Analyst. The Investment Analyst will contribute towards developing the investment management function for Hollard’s African subsidiaries through: Ensuring the investment strategy remains appropriate and...
-
Head - Corporate Actuarial
4 days ago
Parktown, South Africa Rand Mutual Assurance Full timeReporting to the Executive Actuary, the Head - Corporate Actuarial will be responsible for overseeing a team of actuarial professionals that will be responsible for ensuring that all life and non-life actuarial valuations are prepared timeously and accurately. The incumbent will also be responsible for overseeing of the development and maintenance of the...
-
Ifrs17 and Modelling Actuary
4 weeks ago
Parktown, South Africa iPersonnel Full timeAre you a newly/nearly qualified life actuary who enjoys being part of a team of highly skilled and motivated colleagues? Are you able to relate well to people from different backgrounds and cultures? Are you a thought leader in IFSR17 implementation and want to contribute to one of the most complex undertakings in the history of the actuarial domain? Is...
-
Senior Manager: Product Development and Pricing
4 weeks ago
Parktown, South Africa PPS Recruitment Full time**Job Advert Summary**: The above-mentioned position is currently available in the Actuarial Business Solutions (ABS) team to fill the product actuarial position. The incumbent will be responsible to for the delivery of innovative, value-for-money products to the individual life risk market through managing and leading the design, development and pricing of...
-
Senior Manager: Product Development and Pricing
13 hours ago
Parktown, South Africa PPS Recruitment Full time**Job Advert Summary**: The above-mentioned position is currently available in the Actuarial Business Solutions (ABS) team to fill the product actuarial position. The incumbent will be responsible to for the delivery of innovative, value-for-money products to the individual life risk market through managing and leading the design, development and pricing of...
-
Head: Short Term Actuarial
2 weeks ago
Parktown, South Africa Hollard Recruitment Full time**Job Advert Summary**: Helloan exciting new opportunity has just become available in our **Insure, Finance area (Actuarial)**. We are looking to recruit a **Head: Short Term Actuarial.** **Role Objectives**: The STA team is responsible for all corporate actuarial work required for Hollard SA’s two short term licences. This includes calculation of...
-
Senior Actuarial Specialist
3 weeks ago
Parktown, South Africa Hollard Recruitment Full time**Job Advert Summary**: Hello from Hollard A new exciting **Senior Actuarial Specialist **opportunities has just become available in our **Insure Risk & Underwriting area (Commercial Pricing Area).** ***About Hollard Join the largest privately owned insurance group in South Africa and be part of a family like no other. Where all employees embrace The...
-
Junior Risk Analyst
3 days ago
Parktown, South Africa Rand Mutual Assurance Full time**THE JOB AT A GLANCE** As the Junior Risk Analyst, you will be responsible for Gather information, analyse operational risk performance, identify possible risks and make recommendations for operational improvements. RMA specific purpose: Reporting to the Risk Manager, the Junior Risk Analyst will be responsible for supporting the implementation and...
-
Finance Business Partner
4 weeks ago
Parktown, South Africa Hollard Recruitment Full time**Job Advert Summary**: Helloan exciting new opportunity has just become available in our Finance, Partner Business Life Solutions area. We are looking to recruit a Finance Business Partner. **Role Objective**: To provide financial support to business, support areas and central finance via monthly financial reporting which includes analysis and analytics...
-
Senior Risk Analyst
2 weeks ago
Parktown, South Africa Rand Mutual Assurance Full time**THE JOB AT A GLANCE** As the Senior Risk Analyst, you will be reporting to the Business Risk Manager. You will be responsible for facilitating the implementation and operationalisation of the enterprise risk management framework while working closely with the actuarial, finance and other functional areas within the business. You will also be required to...
-
Head of Life Evaluations
2 weeks ago
Parktown, South Africa Hollard Recruitment Full time**Job Advert Summary**: Helloan exciting new opportunity has just come available in our HINT, Actuary** **area. We are looking to recruit a Head of Life Evaluations. As the Head of Life Valuation, your primary role is to oversee and conduct actuarial valuations for the life assurance business across various countries within our organization. This pivotal...
-
Chief Risk Officer
2 weeks ago
Parktown, South Africa Rand Mutual Assurance Full time**THE JOB AT A GLANCE** Reporting administratively to the Chief Executive Officer (CEO) and functionally to the Chairman of the Risk Committee and Actuarial Committee, the incumbent will be responsible for strategically developing and implementing detailed Enterprise Risk Management, Regulatory Compliance Frameworks and Actuarial Frameworks incorporating...
-
Pricing Analyst Rml
4 weeks ago
Parktown, South Africa Rand Mutual Assurance Full timeThis incumbent will form part of a team that is responsible for the overall risk rating for Employee Benefit Risk schemes. Both new and renewal business, across South Africa. The ideal incumbent should have a thorough understanding of Group Risk business for different products in for South Africa with specific knowledge of the Retirement fund industry. This...