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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