Actuarial Analyst : Product. at Hollard Insurance

Hello…an exciting new opportunity has just become available in our Hollard Life Solutions, Finance area. We are looking to recruit a Finance Administrator.

We exist to maximize value to customers and Hollard by making the right products available for customers
Assisting and supporting the Product Manager and team in meeting divisional objectives

• Define benefit product specifications for new product developments
• Technical pricing (assumption setting, premium calculation, pricing review and financial business projections) of new products and benefits
• Ensure alignment of new and existing products to legislation, industry guidelines or codes.
• Testing benefits and process are implemented in line with specifications
• Monitor ongoing performance of products and ensure benefit development objectives are met
• Providing sign-off of customer facing documentation and ensuring that these are compliant to Governance standards within Hollard
• Product queries from customers on benefits and values and resolve customer queries appropriately
• Ad-hoc projects and investigations in support of business enablement
• Provide product support to other internal departments such Operations and Distribution.
• Identify potential risks associated with benefits and customer segments as well as opportunities to mitigate or avoid
• Conceptualise new products and product enhancements
• Ensure completeness of the project plan for the implementation of changes/innovations
• Engage with other stakeholders in the business
• Required Knowledge and Experience    
• 3 to 5 years of experience in financial services with at least 3 years exposure to life insurance
• Ability to communicate to colleagues and management both verbally and in writing
• Ability to persuade and influence people trough logical thought and reasoning
• Knowledge of SQL would be an advantage

Entrepreneurial skills

• Self-starter / initiator
• High attention to detail
• High degree of accuracy
• Technically strong
• Strong degree of common sense
• Ability / desire to challenge the status quo
• Passion for products, pricing and people
• Broad Life insurance knowledge
• Broad understanding of insurance distribution methods and administration systems
• Strong commercial acumen and insight into insurance business
• Confidence in communicating (Written and verbal), with the ability to tailor complex communication depending on the audience
• Critical thinking and sound questioning of concepts or ideas
• Sound relationships building skills
• Analytical skills and attention to detail, balanced with strategic vision, a strongly developed creative side and big-picture thinking ability

Educational Requirements    

• 3-year degree in actuarial science
• Making good progress with the Actuarial Exams