Trainee Actuary at Patricia Smith Recruitment (Pty) Ltd

Job description

ARE YOU…

A fast-paced, dynamic “Corporate Entrepreneur” who challenges the status-quo to innovate and improve?
An engaging team-player, keen to contribute wherever needed?
150% results-driven, doing whatever it takes to meet (or beat) deadlines?

Strategic Overview:

Your energetic, ambitious nature and your willingness to learn; combined with computer-modelling skills and exposure to the Actuarial field may allow you a dynamic and cutting-edge career-path in a fast-paced Life Insurance business.

Key Objectives:

• Assume responsibility for the operational delivery and integrity of Annuity Quotations, including: 
• Ensuring that pricing system delivers timeous and accurate non-profit and with-profit Annuity quotations,
• Developing and testing of changes to the pricing framework, including the ongoing automation of manual processes,
• Management Information reporting and proposals for remedial actions as required, particularly in terms of competitiveness and operational efficiencies.
• Assisting with analysis and reporting of Mortality Experience and any proposed changes to pricing that may be required.
• Providing input to the Product Development Team from a pricing perspective.
• Providing Actuarial support to various business areas including IT, Operations, Sales and Marketing, Product Development, Valuations, Reinsurance and Capital Management.

Requisite skills & competencies:

• Good understanding of pricing models.
• Knowledge of Annuities and Life Insurance business – beneficial.
• Programming experience – beneficial.
• Strong analytical and problem solving skills.
• Strong technical and computer skills.