Intermediate Actuarial Specialist Retail Protection Product Delivery
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Lets Write Africas Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
The Team:
The Retail Protection Delivery Team is responsible for the design development and maintenance of new and existing retail protection propositions across the lower and middle-to-high income markets in South Africa. Development support is also provided to our Namibian business.
We are passionate about developing simple yet innovative propositions that are relevant to our customers needs deliver on its promises and ultimately enable our customers to achieve their financial dreams and goals.
The Retail Protection Delivery team has an exciting opportunity for an Intermediate Actuarial Specialist. A key focus will be the delivery of major projects and product developments across the South African and Namibian retail market as well as providing ongoing support and product management to Old Mutual s retail protection products. The role will support the current product ranges as well as any new and innovative propositions for our retail customers. This includes but will not be limited to Life Disability Severe Illness and Funeral Cover.
Key Result Areas
Play a key role in the design and ongoing management of the Retail Protection product range
Produce and maintain product specification documents related to the above
Manage risk and competitiveness of protections products
Provide product support on technical product rules underwriting and/or claims
Incorporate regulatory impacts into retail protection products
Work cross-functionally within an Agile team structure to deliver on pre-defined pieces of work and support the technical actuarial aspects of the delivery of solutions including working with teams to break Features into stories and agreeing acceptance criteria.
Active involvement in certain team meetings: Feature writing (if required) PI planning all team meetings such as Daily Stand Ups Sprint Reviews Sprint Retrospectives Sprint Planning and Backlog Refinement.
Requirements: Skills Qualifications and Experience required
Actuarial student with a minimum of 9 exam credits and 2 years actuarial experience
Product development experience would be an added advantage
Business acumen and negotiation skills
Good interpersonal and communication skills
Ability to work independently as well as in a team
Ability to work on a wide range of deliverables over a given period of time
Good time management to work towards deadlines
Competencies
Strategy
Innovation
Leading with Influence
Collaboration
Customer First
Execution
Personal Mastery
Skills
Computer Literacy Data Compilation Data Controls Executing Plans Information Management Insurance Product Management Insurance Sales Legal Practices Numerical Aptitude Risk ManagementCompetencies
Action OrientedBalances StakeholdersBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyCultivates InnovationDecision QualityEducation
NQF Level 7 - Degree Advance Diploma or Postgraduate Certificate or equivalentClosing Date
11 October 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!
Required Experience:
IC
Key Skills
- Sales Experience
- Marketing
- Customer Service
- Communication skills
- Military Experience
- Retail Sales
- Product Demos
- Customer Support
- Product Management
- Product Development
- Unity
- Microscopy
About Company
Old Mutual offers a wide range of life insurance products, car and home insurance, personal loans, and investment, corporate and financial planning solutions.
