Actuarial Analyst: Product Modelling at Momentum

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