SUMMARY:
Senior Actuarial Analyst/ Assistant Actuarial Manager
POSITION INFO:
Senior Actuarial Analyst/ Assistant Actuarial Manager
REPORTS TO: Head of Actuarial
TYPE: Full-time, permanent
We are looking for a nearly or newly qualified Actuary who will help bring the next generation of innovative health and life insurance products to the global market.
We work across a number of different insurance areas, risk structures and widely ranging market conditions, so your experience in understanding and developing innovative actuarial models, pricing techniques and challenging the traditional insurance space will be critical to the role.
You will be working together with our Product Managers, Marketing and Operations to build attractive insurance offerings that serve the needs of under-served families in Africa and Asia. You will also be responsible for the maintenance of the existing product portfolio with respect to claims performance, pricing and key stakeholder management with insurers, regulators, reinsurers (to name a few).
RESPONSIBILITIES
• Participate in strategic projects where actuarial input is required;
• Developing and maintaining of internal data assets to support predictive modelling initiatives;
• Risk pricing and pricing strategy for both new and existing market segments;
• Drive standardisation of the insurance portfolio across global markets;
• Build and maintain actuarial models in the context of pricing, reserving, utilisation and experience reviews;
• Collaboration and negotiation with key external stakeholders in Global markets – insurers, regulators, payment channel partners
• Travel to markets may be required
BEHAVIOURS
• Take initiative to embark on actuarial projects that can add value to the business
• Assume end-to-end responsibility of assigned tasks
• Work on multiple projects at a time
• Engage with stakeholders to establish their requirements
• Ensure that stakeholder expectations are met by continuously communicating with stakeholders on their requirements
• Respond positively to feedback
• Continuous willingness to learn
QUALIFICATIONS
• Nearly or Newly Qualified Actuary
• Life or Health Insurance background preferable
• Health Insurance experience will be an advantage
• Strong modelling skills including experience in building pricing / predictive models
• 5 years’ experience in a technical role
• Excellent report writing and presentation skills
• Advanced computer literacy skills (experience with SQL will be an advantage)
• Strong data management skills
• Attention to detail
• Problem Solving
Skills
Fun, driven and interesting individual with proven actuarial experience. Someone with the skills and creativity to innovate but also the technical knowledge and market experience to execute in an efficient and timely manner.
Experience at an actuarial consulting firm or an insurer or reinsurer and any developing market knowledge or direct experience in the micro insurance sector would also be of value but is not critical.
Be a doer and have proven experience in managing difficult projects or stakeholders and being able to articulate your decisions and thought process to both technical and non-technical audiences.
Show how you have learned from failure and how you have driven success.
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