Senior Actuarial Supervisor

Senior Actuarial Supervisor

Positions available in Johannesburg or Cape Town

A vacancy exists for a Senior Actuarial Supervisor in Group Risk to support the Head of Group Assurance Actuarial (Risk). The incumbent will be responsible for a team of actuarial students, with the focus being to maintain GAP’s excellence in product development and product management. In addition, GAP’s end to end reporting capability is a part of the incumbent’s portfolio. The incumbent will be expected to interact with clients and stakeholders at all levels and will contribute to the current and future product strategy

Job description:

The incumbent will be expected to interact with intermediaries and internal stakeholders at all levels, the core responsibilities include:

• Pricing of large and complex group risk arrangements
• Development of pricing bases for group risk products
• Managing the reinsurance requirements for the group risk products; including international pooling arrangements
• Leading development of new group risk products and enhancements to the existing group risk range
• Maintaining and coordinating updates to website and collateral material; and to accreditation guides and training material
• Provide technical oversight and support, in terms of group risk products in particular, to marketing, proposition, finance and servicing areas
• Performing mortality and morbidity experience investigations
• Analyse valuation data and results on group risk products to gain a deeper understanding and insight into business results and emerging trends
• Automation of models and business processes
• Development and maintenance of tools to analyse actuarial data in order to enhance management reporting
• Training & development of junior actuarial students

Qualification and Experience:

• Qualified actuary / nearly qualified actuary (exceptional candidates who don’t meet this requirement may be considered)
• At least 5 years of actuarial experience
• Experience with Group Risk products would be a distinct advantage
• Exposure to products or pricing roles would be an advantage
• Experience in managing junior actuarial students
• Strong business acumen
• Ability to run projects independently
• The ability to manage several projects and priorities at the same time
• Strong communication skills
• Ability to work across teams and collaborate with various stakeholders
• Ability to think different in developing client-centric solutions l12.1o