Actuarial Business Partner - Life and Asset Management
Actuarial Business Partner - Life and Asset Management
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Lets Write Africas Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
This position falls into the Old Mutual Africa Regions Segment within Old Mutual and is primarily responsible for:
Proactively provides analysis of results and recommends appropriate action to senior management ensures implementation where appropriate.
Identifies opportunities to improve profitability and makes recommendations to senior management ensures implementation where appropriate.
Partners within Product / Development Actuaries to ensure that new and existing products are financially sound and profitable.
Responsibilities
Actuarial Analysis Assumptions and Insights
Manage the creation and presentation of complex highquality actuarial analyses assumptions insights and management reports providing guidance to others in complex or ambiguous situations to support business decisionmaking and/or business performance evaluation. Perform complex statistical analysis to enable data analysis.
Actuarial Financial Reporting
Manage the production of statutory and nonstatutory actuarial financial information reports and other disclosures relating to for example a product line local legal entity or market segment.
Actuarial Model Creation and Maintenance
Manage the development and maintenance of actuarial models for a significant product line ensuring full integration with wider business models to enable actuarial analysis financial reporting and regulatory compliance.
Actuarial Product Development & Management
Develop proposals for significant or complex new products and for the improvement and management of existing products that create competitive advantage that are viable in relation to the organizations risk appetite and financial objectives and that meet regulatory requirements.
Organizational Risk Management
Manage a significant portion of the organizations risk financial management and/or control process.
Actuarial Calculation of Funding Requirement
Evaluate funding contributions like complex employee benefit schemes and develop recommendations for future funding contribution levels.
Compliance
Monitor and review performance and behaviors within area of responsibility to identify and resolve noncompliance with the organizations policies and relevant regulatory codes and codes of conduct.
Improvement/Innovation
Identify shortcomings in existing business practices then suggest and implement improvements while developing and delivering projects or a work stream within the organizations change management program.
Skills
Analytical Thinking Computer Literacy Data Compilation Data Controls Executing Plans Information Management Insurance Product Management Insurance Sales Legal Practices Market Analysis Numerical Aptitude Risk ManagementCompetencies
Business InsightCollaboratesCommunicates EffectivelyEnsures AccountabilityFinancial AcumenInstills TrustManages ComplexityOptimizes Work ProcessesEducation
Masters Degree (M): Actuarial ScienceClosing Date
07 May 2025 23:59The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
The Old Mutual Story!
Employment Type
Full-Time
