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  • Posted: Jul 29, 2020
    Deadline: Not specified
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    Momentum is a trusted partner on your journey to financial wellness. We guide you by offering leading advice, products and services. We are committed to helping you fulfill your lifelong financial needs, by providing relevant and unique solutions to suit your budget and individual circumstances. It is our aim to build and maintain enduring relationships by p...
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    Actuarial Analyst: Product Modelling

    Role Purpose
    The role will be responsible for the building and implementation of product models for the purposes of modelling product values and fund build-ups, as well as developing tools to facilitate excellent automated risk management. The role offers exposure to an extensive range of historical and current life insurance products while developing actuarial judgement in balancing the needs for the various stakeholders.


    Responsibilities and work outputs

    • Draft and review the required product and calculation specifications
    • Investigate product bases, and apply sound actuarial judgement for rationalisations where required
    • Improve tools and processes that monitor the accuracy of policy values
    • Specify, build and maintain models of the business
    • Collaborate with developers to ensure the accurate and efficient implementation of your models
    • Investigate, quantify and explain any deviations and advise on corrective measures
    • Ensure that all projects to be implemented adhere to audit and risk management requirements


    Competencies required

    • Accuracy and attention to detail
    • Problem solving and analytics
    • Teamwork
    • Ability to work independently
    • Good verbal and written communication skills
    • Commitment to producing results for clients and stakeholders


    Experience and Qualifications

    • A graduate degree in Actuarial Science or related degree
    • A minimum of 4 Core Technical exams completed
    • A minimum of 1 years' work experience in the financial or insurance industry
    • Experience in Excel and SQL will be advantageous

    Method of Application

    Interested and qualified? Go to Momentum on www.linkedin.com to apply

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