Actuarial Analyst - Discovery Life at Discovery Limited

Actuarial Analyst Technical Marketing Team

About Discovery
Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Life
Discovery Life is an ever growing fast-paced and dynamic environment that provides innovative risk assurance to individual clients. This environment thrives on customer engagement and customer experience as well as mutually beneficial relationships with our brokers and other stakeholders. It is important for our employees to provide a world class service to our internal and external clients, thereby ensuring long and sustainable relationships

Key Purpose
The Successful Candidate Would Be Involved In
This position offers the opportunity to play a critical role within the Discovery Life business by working closely with the various distribution channels through which we market our products as well as being an integral part of the R&D process.

• Developing in depth competitor and market analysis
• Development of tools to highlight Discovery’s unique value proposition.
• Contribute to the development of new products
• Intellectual leadership through white papers, claims documents, journalist articles etc.
• Development of roadshow, CPD and campaign material.

The successful candidate would be involved in strategic thinking around product launches and would form a crucial element of our broader product development team.

Areas Of Responsibility May Include But Not Limited To

• Utilising market insight to launch innovative new products and services on an annual basis
• Develop compelling positioning and roll out of launch, roadshow and campaign material to our financial advisers and franchises to ensure successful execution of deliverables and targets
• Utilize technical product knowledge, including understanding of competitors, to identify business opportunities
• Providing technical product support to Discovery Life’s various distribution channels to ensure successful execution of deliverables and targets
• Provide support to Life Executive Committee and related structures to ensure efficient functioning of the business
• Contribute to strategies based on insights from market feedback, data and other monitoring structures for the collaboration of the broader product development team

Essential
Education and Experience

• Matric with Mathematics
• Bachelor of Science (BSc), Bachelor of Business Science (BBusSc) or equivalent degree in Actuarial Science from an accredited institution.
• At least 6 months of working experience as an Actuarial Analyst in the Financial Services Industry
• At least 5 CT’s obtained
• Registration with ASSA

Advantageous

• Honours in Actuarial Science
• At least 1 years of working experience as an Actuarial Analyst, preferably in the Life Insurance Industry.

Essential
Technical Skills and Knowledge

• Experience in Actuarial Modelling
• Data Analysis
• Problem solving skills
• Advanced Analytical and Technical skills
• Effective communications skills
• Proficiency in MS Word, MS Excel and MS Outlook