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Western Cape: Actuary posted by Network Finance






Date 2024-09-09
Job Title Actuary
Employer Network Finance
More Information
Salary 0
Category It Computer
Location Western Cape
/ Western Cape

Job Summary

This role involves developing and continuously managing competitive risk cover products such as life insurance, health insurance, disability cover, critical illness, and credit life. The goal is to meet specific client needs and enhance value proposition across different market segments.
You will be tasked with the following:

  • Overseeing all aspects of product development and client experience across various sales channels to ensure that the products remain profitable and aligned with the changing market landscape.
  • Examine product and client data from multiple sources to identify any potential irregularities in product experiences, ensuring the 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.

What you will need:

  • 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

Apply now! 
 
For more Actuarial and Analytics jobs, please visit Network Finance
Actuary position available in Western Cape, Western Cape. This job position was posted by Network Finance. The job has been posted as a char8000 ad on 2024-09-09 at 01:15:19 in the It Computer category

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Western Cape: Actuary posted by Network Finance






Date 2024-09-01
Job Title Actuary
Employer Network Finance
More Information
Salary 900000
Category It Computer
Location Western Cape
/ Western Cape

Job Summary

Become a key player in our client`s Life team in Cape Town. We`re seeking a nearly or newly qualified Actuary to analyze valuation results, offer business insights, and present findings to senior leadership. This role provides a unique mix of technical actuarial tasks and commercial exposure.

Key Functions and

Responsibilities:

  1. Valuation Analysis: Review and consolidate Embedded Value (EV) results, creating detailed reports.
  2. Financial Reporting: Evaluate and communicate financial performance, including profit margins and new business flows.
  3. Documentation: Maintain valuation basis reports, ensuring accurate monthly pricing.
  4. Cash Flow & Sensitivity: Manage monthly cash flows and EV sensitivities, assessing the value of new business.
  5. Profit Reporting: Prepare and refine Retail Affluent profit reports.
  6. Auditor Interaction: Provide essential data to internal and external auditors.
  7. IFRS17 Reporting: Implement and interpret IFRS17 reporting processes.
  8. Ad-hoc Tasks: Generate management reports and undertake various investigations.

Requirements:

  1. Nearly qualified or recently qualified Actuary with a BSc in Actuarial Science or similar.
  2. 3-5 years of proven experience in actuarial reporting.
  3. Expertise in actuarial reporting, with a strong command of IFRS, EV, VNB, and SAM frameworks.

 
Take the Next Step in Your Career—Apply Now!
Explore more Actuarial and Analytics opportunities at Network Finance
Actuary position available in Western Cape, Western Cape. This job position was posted by Network Finance. The job has been posted as a char8000 ad on 2024-09-01 at 01:15:53 in the It Computer category

Click Go Apply to apply online!


You might also like to look at the available jobs in the same area.

Apply directly on jobmail for this position
Some posts have contact information included with other instructions. All applicants are urged to read the instructions carefully.
We will list jobs at the bottom of each job, so feel free to scroll down and continue your search.

We do not accept any job applications and merely offer the service of daily jobs being mined and displayed on our job portal.
Each job post has a link to take you directly to the original post to apply on their website or the original website where the post came from.


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Error making API request.

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