Our Client in the Financial sector is seeking a Senior Actuary: Team Leader to join they dynamic team :
Minimum Requirements:
- Degree in Actuarial Sciences Statistical Analysis Mathematics or a related field.
- Qualified Actuary (FASSA/FIA/etc.).
- Knowledge of actuarial modeling product pricing and statistical analysis techniques.
- 3 5 years experience in a product owner/manager role.
Advantageous Experience
- Risk Agility/Prophet.
- Software Development Life Cycle (SDLC).
- VBA.
- SQL.
Competencies Required
- Passion to make a difference in the lives of people in the low to middleincome markets.
- Ability to extract insights from data analyses.
- High degree of selfmotivation and ability to work independently.
- Selfmanaging.
- Strong written and verbal communication skills.
- Naturally inquisitive mindset with a strong innovative tendency.
- Ability to function in a multidisciplinary team environment including Marketing Product & Solutions IT and Client Insights.
Responsibilities:
INTERNAL PROCESS
- Analyse product and clientrelated data from various sources to identify potential product experience irregularities ensuring the accuracy of insights and analysis.
- Analyse competitor products and international trends to provide insights for developing and maintaining competitive endtoend solutions.
- Review experience investigations modeling and data analysis to design and price solutions and monitor experience on existing products.
- Prepare product health reports and present product profitability and insights derived from analyses to support decisionmaking and inform appropriate actions.
- Make recommendations and drive implementation to improve product performance and client service and promote fair treatment of clients.
- Develop and maintain pricing models and bases reviewing results and ensuring that parameters used are accurate and validated.
- Identify solutions to enhance costeffectiveness and increase operational efficiency of solutions.
- Ensure compliance with practices and timelines by developing metrics to monitor delivery against set objectives.
CLIENT
- Provide expertise and advice on technical/actuarial product matters to clients and stakeholders.
- Build and maintain collaborative working relationships with various internal and external stakeholders such as solution peers IT sales/distribution legal servicing and valuations.
- Contribute to the process of negotiating objective and realistic performance targets monitor appropriateness and recommend adjustments.
- Deliver on service level agreements made with stakeholders to ensure that client expectations are managed.
- Make recommendations to improve client service and fair treatment of clients within the area of responsibility.
- Provide input into the risk identification processes and communicate recommendations in the appropriate forum.
PEOPLE
- Participate and contribute to a culture that builds collaborative relationships encourages innovation facilitates feedback and provides exceptional client service.
- Demonstrate exemplary leadership behavior through personal involvement commitment and dedication in support of organizational values.
- Select and recruit suitably qualified talent in line with Employment Equity principles and MMI values.
- Drive a culture that guides and directs best practices fostering an environment of continuous learning improvement and cohesiveness.
- Identify employee growth and development needs and enable their ongoing development training and personal growth.
- Effectively manage performance within the team to ensure business objectives are achieved.
- Ensure technical product and legislative knowledge are always current to propose the most relevant and innovative client solutions and comply with governance requirements.
- Take ownership of driving career development.
- Effectively manage time and ensure optimal productivity.
- Be selfconfident selfmotivated and relentlessly pursue targets and goals.