Actuarial Analyst at Discovery Limited

Key Purpose

• This role is in the high-performing Group Risk actuarial team, responsible for the pricing, reinsurance, retention and risk management for over 2 500 employer clients, 700 000 members and R3.2bn annual premium. This role will focus on the cleaning and processing of data for internal functions. Subsequent analysis of this data will also be necessary for this role.

Areas of responsibility may include but not limited to

• Liaising with internal teams, accounting, valuations, systems implementation, systems, operational teams, pricing and technical marketing.
• Communicating with internal pricing and sales teams to create appropriate presentations for clients.
• Communicating with the reinsurer for the monthly reinsurance premiums and other functions. 
• Working with senior team members to clean and process the data appropriately for basis reviews and ad-hoc investigations.
• Using knowledge of internal data processes and sources to support data remediation where needed.
• Ad-hoc investigations to support business decisions.

The role offers the opportunity to develop where further areas of responsibility include:

• Review of pricing bases.
• Presentation of pricing bases to internal stakeholders.
• Presentation of ad-hoc investigations to internal stakeholders.
• Presentations to clients for renewal discussions

Personal Attributes

• Highly analytical
• Delivering results and meeting customer expectations
• Planning & organizing
• Speed and accuracy
• Competent and reliable
• Willingness to learn and share ideas
• Good communication skills
• Self-starter attitude
• Deadline driven

Education and Experience

• Actuarial Science degree
• Student of ASSA
• Understanding of insurance and the risks around data (Advantageous)
• Experience in data analysis recommended
• Programming in R, SQL and VBA recommended