Gauteng: Marketing Actuary posted by Psybergate

About the Role

We are seeking a highly skilled Actuary to join our team at Psybergate, where you will be responsible for driving new business opportunities and expanding our market presence in the South African life insurance industry. As an Actuary, you will play a critical role in structuring and executing new business transactions, providing technical expertise to clients and internal stakeholders, and contributing to strategic initiatives aimed at growth and development.

Key Responsibilities

• Market life insurance solutions to prospective clients and drive new business opportunities.
• Structure and execute new business transactions, including advising clients on operating models within an outsourced insurance value chain.
• Provide technical life insurance expertise and guidance to clients and internal stakeholders on proposed transactions.
• Prepare and present business cases for approval by internal new business and product management committees.
• Contribute to strategic initiatives aimed at expanding market presence and developing new business opportunities.
• Analyse the South African life insurance market to identify growth opportunities and refine the organisation’s value proposition.
• Build and maintain relationships with key industry stakeholders including brokers, administrators, asset managers, retirement funds, and corporate partners.
• Collaborate with internal business units and group companies to unlock synergies and joint business opportunities.
• Manage third-party cell captives across various product lines including employee benefits, funeral, life, disability, critical illness, credit life, and investment products.
• Monitor underwriting performance, solvency positions, and financial performance of cell captives and prepare client reports.
• Ensure compliance with legislative requirements, market conduct standards, and contractual obligations.
• Facilitate reinsurance renewals and coordinate with relevant departments and stakeholders.
• Stay updated on regulatory and legislative developments within the life insurance industry.

Requirements

• Relevant tertiary qualification such as BCom, BSc, or similar.
• Actuarial qualification (or nearly qualified), CFA, or equivalent professional qualification.
• FAIS compliant (RE5 and RE1 advantageous).
• 3 – 5 years’ experience within the financial services industry.
• Strong life insurance technical knowledge and understanding.
• Experience in client-facing roles and stakeholder engagement.
• Strong accounting and/or actuarial analytical skills.
• Experience in deal structuring or transaction-based environments is advantageous.
• Strong communication, negotiation, and relationship-building skills.
• Results-driven with strong business acumen and critical thinking ability.
• Ability to manage multiple stakeholder engagements simultaneously.
• Self-starter who can work independently in a fast-paced environment.

Qualifications

None mentioned.

Salary & Benefits

Not specified.