Actuarial Manager at Discovery Limited

Key Purpose

• Research, development and implementation of innovative insurance products and rewards mechanisms that will complement Discovery Insure’s existing suite of products.

Areas of responsibility may include but are not limited to:

• Research into new insurance products and risks to make informed and innovative product development decisions.
• Key involvement in the design, development and implementation of new products.
• Analytical and pricing capabilities to understand the financial implications and parameters involved when developing new products, to ensure profitable results.
• Collaboration with various teams within Insure and the group on product development and strategic projects.
• Working with other teams to ensure products are operating in an efficient and accurate manner.
• Monitoring and reporting ongoing results to ensure products are producing optimal results.

Knowledge and Skills:

• SQL
• Python
• Microsoft Office (Excel, PowerPoint and Word)
• Ability to simplify ambiguous information
• Strong written and verbal communication
• Leadership qualities
• Project and people management
• Advanced modelling skills
• Statistical knowledge
• Analytical capabilities

Education and Experience

Education:

• Matric (essential)
• Actuarial qualification (Essential) 
• FASSA: Fellow of the Actuarial Society of South Africa (preferred)

Experience:  

• 2-5 years’ experience in a technical actuarial role
• 2-5 years’ experience in a Product development role (preferred)  
• 2-5 years’ experience in short-term insurance (preferred)