Actuarial Analyst: Short Term & Life

Recruiter:

Kamo Placements

Job Ref:

JHB000909/m

Date posted:

Tuesday, May 17, 2022

Location:

Centurion, South Africa

Salary:

Annually

JOB SUMMARY:
The role of the Actuarial Analyst is to source, clean, consolidate and analyse data by using proven actuarial models to come up with a technical solutions to charge for the insurance risks and product development of the company. Part of the function is to maintain and update the actuarial models/methods used in the company. This analyst will report to the Actuarial Manager of company

JOB DESCRIPTION:

JOB DESCRIPTION

Develop valuations and cash flow models
Develop the implementation plan of SAM (Solvency Assessments and Management)
Perform product profitability analysis and propose remedial action where necessary
Collate data from sources like claims, annual reports of competitors, FSB filings, Reinsurer reports etc.
Integrate data from other sources to inform the models
Ensure product pricing is accurate and adequate
Develop of underwriting guidelines and procedures

JOB REQUIREMENTS

Preferred Minimum Education and Experience

Relevant 4 year qualification in Actuarial Science or Mathematical Statistics
At least 3 actuarial exemptions
1-3years experience in Life insurance product development and pricing and valuations

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