Actuarial Specialist - Centurion at Momentum Metropolitan Holdings Limited

Role Purpose    

• This role forms part of a diverse team that includes experienced actuarial analysts and Java developers. The position will be to assist with product modelling tasks as an Actuarial Specialist in the MMerge Product Modelling team in Centurion.

Requirements    

• An actuarial or Bachelors degree with mathematics or statistics as majors.
• Associate Actuary or making good progress with Associate level exams.
• A minimum of 5 years' relevant work experience.
• Modelling experience.
• Knowledge of insurance products, contracts and relevant industry legislations.
• Sound numerical skills and computer literacy is essential especially in the use of MS Excel, MS Word and SQL.
• Skills/experience in extraction would be an advantage.

Duties & Responsibilities    

• Manage a small team of actuarial analysts.
• Review and ensure the accuracy of fellow team members' work.
• Provide guidance to junior actuarial analysts.
• 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    

• Ability to examine and interpret data and provide insights.
• Strong technical expertise.
• Achievement orientation.
• Effectively manage time and ensure optimal productivity.
• Excellent analytical and communication skills.
• Results and solution focused.
• High degree of self-motivation and the ability to work independent of supervision.
• Naturally inquisitive mind set, with a strong innovative tendency.
• Self Confidence.
• Flexibility to cope with pressure and setbacks.
• Delivering results and meeting expectations.