SUMMARY: SuperFund & Small Schemes Actuary
POSITION INFO:
SuperFund & Small Schemes Actuary
Sandton
Cape Town
Durban
Group Assurance Products 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 management, as well as the setting and maintenance of technical pricing bases. The incumbent will be expected to interact with clients, intermediaries and internal stakeholders at all levels.
Development and maintenance of pricing bases for full suite of group risk products
Performing regular mortality and morbidity experience investigations to feed into the pricing bases
Contribute to the design of the new operating model between GAP and Superfund
Provide technical oversight and support, i.t.o. group risk products in particular, to marketing, proposition, finance and servicing areas
Performing the annual Superfund rate review
Quarterly reporting to SuperFund on the performance of SuperFund risk products
Assisting SuperFund team on quotes and client queries
Pricing of group risk arrangements
Qualified actuary / nearly qualified actuary (exceptional candidates who don’t meet this requirement may be considered)
At least 5 years of actuarial experience
Exposure to products or pricing roles
Experience with Group Risk products would be a distinct advantage
Ability to run multiple projects and priorities and work independently
Experience in managing junior actuarial students
Strong business acumen
Excellent communication skills
Ability to work across teams and collaborate with various stakeholders
Ability to think innovatively in developing client-centric solutions
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