Senior Specialist Middle Market Life Solutions
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Senior Specialist : Middle Market Life Solutions
Qualifications:
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Newly or nearly qualified actuary
Experience:
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More than 5 years in similar environments (actuarial life experience in product or suitable commercial roles)
Responsibilities:
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Lead strategic simple solutions projects with structured execution plans managing personal and team outputs.
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Act as a senior team member in developing or enhancing simple life solutions.
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Analyze profitability and commercial contribution to the Simple Life Solutions Commercial unit.
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Use stakeholder inputs to assess:
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Market trends
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Customer needs
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Channel needs
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Regulatory requirements
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Competitor insights
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Gaps/issues in current solutions
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New product opportunities
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Develop and maintain technical product artefacts including:
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Product specifications
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Policy document specs
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Customer communication content
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Technical marketing content
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Collaborate with technology teams to ensure correct and efficient implementation of solutions.
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Use management information and data to monitor solution performance and support recommendations.
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Support commercial and first-line risk management.
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Assess pricing strategy and risk levers including:
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Mortality
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Morbidity
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Lapse
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Operational risk
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Market risk
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Other broader risks
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Incorporate risk mitigation through:
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Product design
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Pricing (with pricing SMEs)
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Underwriting and claims rules
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Reinsurance design
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Collaboration with functional areas and stakeholders (aligned with IAM and SARLSA operating model)
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Ensure:
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Commercial optimization
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Intuitive customer journeys
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Strategic alignment
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Adequate risk controls
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Ensure compliance with:
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Internal policies and standards
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Relevant governance for approvals specs and solution artefacts
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Prepare and present reports or support reporting to governance/management forums.
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Mentor and guide junior team members.
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Participate in cross-functional teams for strategic solution development.
Key Skills
- Environment
- Anatomy
- Fisheries
- Morphology
- Behavioural Sciences
- Biophysics
- Evolution
- Forestry
- Ecology
- Biotechnology
- Agriculture
- Biochemistry
- Biology
- Ecosyatem
- Entomology
