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Pretoria: Specialist: Product Development (Insurance) posted by AtripleA recruitment & temps

Specialist: Product Development (Insurance)

Posted on 2025-01-31

Job Summary

Specialist: Product Development_Insurance

Location: Pretoria

Salary:

R70 000 (neg)

Our client in the long term insurance sector is looking for a Specialist in Product Development to assist in development and pricing of new products, and monitor and maintain the profitability of new and existing products.

Description:

Assist in developing and pricing products & System design (Individual Life, Direct Marketing and Group Schemes):
• Research of new market developments and generation of new product ideas
• Competitor analysis and feedback from sales staff are used to indicate areas where product development is required
• Research product feasibility including administration requirements
• Check compatibility with business ethics
• Assist in the finalization of recommendations to the Life Actuarial Committee
• Perform pricing for target profitability and expense recoupment and assist in the obtaining of Actuarial Certificate from Statutory Actuary.
• Prophet work done with Actuarial Valuations department.
• Ensure final pricing and product offering will be market competitive (TCF)
• Assist with operational matters around product rollouts application forms, quote package and administration system readiness
• Collaborate with other departments (like Client Services, Underwriting and Client Services) to improve systems and processes
• Maintain open relationship and interaction with the sales field
• Develop sales aids, marketing concepts and presentations to support sales
• Price group funeral cover

Monitoring of in-force business:
• Monitor and analyse in-force data
• Perform experience analysis based on report received from reinsurers and valuations department to confirm lapse assumptions and mortality/morbidity assumptions
• Develop amendment bases for changes to in-force business
• Monitor and maintain value of in-force business
• Contribute to the assessment of performance of group schemes and recommend actions when needed
• Report to management

Maintenance of reinsurance treaties:
• Research risk rates and reinsurance terms available in the market – including the use of financial reinsurance
• Oversee that data and information are provided to reinsurers for special projects
• Maintain relationship with current and potential future reinsurers
• Contribute to ensure that optimal levels of reinsurance are in place

Provide professional input & support to the Group:
• Answer client queries of a technical nature that was escalated by staff members
• Attend to ombudsman queries of a technical nature
• Assist with amendments to policies where support is required
• Answer values and product related queries from other departments

Requirements:

• B Degree Actuarial Sciences
• Passed the A-level subjects
• Close to qualification
• Prophet experience – Technical Certification
• 3 to 5 years in long-term insurance
• Product development and pricing

View Job  Midrand: Product Marketing Manager posted by Tower Group

Send your CV and latest pay slip to AtripleA recruitment & temps
Specialist: Product Development (Insurance) position available in Gauteng, Pretoria. This job position was posted by AtripleA recruitment & temps. The job has been posted as a free ad on 2025-01-31 at 16:13:06 in the Insurance And Investments category

Click Go Apply to apply online!


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Apply directly for this position. Please read all instructions carefully.

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Posted in Jobs in Gauteng, Jobs in Pretoria

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Pretoria: Specialist: Product Development (Insurance) posted by AtripleA recruitment & temps

Specialist: Product Development (Insurance)

Posted on 2025-01-31

Job Summary

Specialist: Product Development_Insurance

Location: Pretoria

Salary:

R70 000 (neg)

Our client in the long term insurance sector is looking for a Specialist in Product Development to assist in development and pricing of new products, and monitor and maintain the profitability of new and existing products.

Description:

Assist in developing and pricing products & System design (Individual Life, Direct Marketing and Group Schemes):
• Research of new market developments and generation of new product ideas
• Competitor analysis and feedback from sales staff are used to indicate areas where product development is required
• Research product feasibility including administration requirements
• Check compatibility with business ethics
• Assist in the finalization of recommendations to the Life Actuarial Committee
• Perform pricing for target profitability and expense recoupment and assist in the obtaining of Actuarial Certificate from Statutory Actuary.
• Prophet work done with Actuarial Valuations department.
• Ensure final pricing and product offering will be market competitive (TCF)
• Assist with operational matters around product rollouts application forms, quote package and administration system readiness
• Collaborate with other departments (like Client Services, Underwriting and Client Services) to improve systems and processes
• Maintain open relationship and interaction with the sales field
• Develop sales aids, marketing concepts and presentations to support sales
• Price group funeral cover

Monitoring of in-force business:
• Monitor and analyse in-force data
• Perform experience analysis based on report received from reinsurers and valuations department to confirm lapse assumptions and mortality/morbidity assumptions
• Develop amendment bases for changes to in-force business
• Monitor and maintain value of in-force business
• Contribute to the assessment of performance of group schemes and recommend actions when needed
• Report to management

Maintenance of reinsurance treaties:
• Research risk rates and reinsurance terms available in the market – including the use of financial reinsurance
• Oversee that data and information are provided to reinsurers for special projects
• Maintain relationship with current and potential future reinsurers
• Contribute to ensure that optimal levels of reinsurance are in place

Provide professional input & support to the Group:
• Answer client queries of a technical nature that was escalated by staff members
• Attend to ombudsman queries of a technical nature
• Assist with amendments to policies where support is required
• Answer values and product related queries from other departments

Requirements:

• B Degree Actuarial Sciences
• Passed the A-level subjects
• Close to qualification
• Prophet experience – Technical Certification
• 3 to 5 years in long-term insurance
• Product development and pricing

View Job  Midrand: Product Marketing Manager posted by Tower Group

Send your CV and latest pay slip to AtripleA recruitment & temps
Specialist: Product Development (Insurance) position available in Gauteng, Pretoria. This job position was posted by AtripleA recruitment & temps. The job has been posted as a free ad on 2025-01-31 at 16:13:03 in the Insurance And Investments category

Click Go Apply to apply online!


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Apply directly for this position. Please read all instructions carefully.

We do not process job applications; we simply aggregate and display job listings.

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Error making API request.
Share this to someone who needs a job:
Posted in Jobs in Gauteng, Jobs in Pretoria

More Jobs in Your Area

Pretoria: Specialist: Product Development (Insurance) posted by AtripleA recruitment & temps

Specialist: Product Development (Insurance)

Posted on 2025-01-31

Job Summary

Our client in the long term insurance sector is looking for a Specialist in Product Development to assist in development and pricing of new products, and monitor and maintain the profitability of new and existing products.

Description:

Assist in developing and pricing products & System design (Individual Life, Direct Marketing and Group Schemes):
• Research of new market developments and generation of new product ideas
• Competitor analysis and feedback from sales staff are used to indicate areas where product development is required
• Research product feasibility including administration requirements
• Check compatibility with business ethics
• Assist in the finalization of recommendations to the Life Actuarial Committee
• Perform pricing for target profitability and expense recoupment and assist in the obtaining of Actuarial Certificate from Statutory Actuary.
• Prophet work done with Actuarial Valuations department.
• Ensure final pricing and product offering will be market competitive (TCF)
• Assist with operational matters around product rollouts application forms, quote package and administration system readiness
• Collaborate with other departments (like Client Services, Underwriting and Client Services) to improve systems and processes
• Maintain open relationship and interaction with the sales field
• Develop sales aids, marketing concepts and presentations to support sales
• Price group funeral cover

Monitoring of in-force business:
• Monitor and analyse in-force data
• Perform experience analysis based on report received from reinsurers and valuations department to confirm lapse assumptions and mortality/morbidity assumptions
• Develop amendment bases for changes to in-force business
• Monitor and maintain value of in-force business
• Contribute to the assessment of performance of group schemes and recommend actions when needed
• Report to management

Maintenance of reinsurance treaties:
• Research risk rates and reinsurance terms available in the market – including the use of financial reinsurance
• Oversee that data and information are provided to reinsurers for special projects
• Maintain relationship with current and potential future reinsurers
• Contribute to ensure that optimal levels of reinsurance are in place

Provide professional input & support to the Group:
• Answer client queries of a technical nature that was escalated by staff members
• Attend to ombudsman queries of a technical nature
• Assist with amendments to policies where support is required
• Answer values and product related queries from other departments

Requirements:

• B Degree Actuarial Sciences
• Passed the A-level subjects
• Close to qualification
• Prophet experience – Technical Certification
• 3 to 5 years in long-term insurance
• Product development and pricing
Specialist: Product Development (Insurance) position available in Gauteng, Pretoria. This job position was posted by AtripleA recruitment & temps. The job has been posted as a free ad on 2025-01-31 at 16:12:59 in the Insurance And Investments category

Click Go Apply to apply online!

View Job  Johannesburg: Senior Medical Scientist (Anatomical Pathology)

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MARKETING SPECIALIST Century City, Cape Town, Western Cape R30K to R35K Gross Per Annum plus Benefits (Negotiable based on Qualification and Years of relevant experience) Our Client, a Global Financial Services concern is seeking a dynamic Marketing Specia


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Marketing Specialist

Secunda: Truck Sales Specialist – Secunda

Duties include Sell the maximum number of Trucks Achieve maximum first and second gross profits Ensure customer satisfaction in accordance with the company sales policy to ensure return and referral sales. Initiate and close deals Fleet relationships and s


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Truck Sales Specialist – Secunda

Johannesburg: Procurement Specialist

Procurement Specialist. R25 000 CTC. East Rand. Are you a skilled procurement professional with a passion for international trade and global sourcing? Do you have experience navigating the complexities of imports, customs regulations, and supplier negotiat


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Procurement Specialist

Cape Town City Centre: Recruitment Specialist (Remote)

Responsibilities: Identifying, attracting, and recruiting top talent for various roles. Managing the full recruitment cycle from job posting to onboarding. Building and maintaining strong relationships with clients and candidates. Utilizing various recruit


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Recruitment Specialist (Remote)

Steelpoort: Erp Specialist (Dl) posted by Limpopo Career Consortium (Limcaco)

MINIMUM QUALIFICATIONS: Bachelors degree in IT, Computer Science, or a related field Relevant cloud ERP certifications (e.g., SAGE, SAP, Oracle, Microsoft) advantageous Strong technical skills, including proficiency in cloud technologies, data migration, a


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Erp Specialist (Dl)

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