Actuary Analyst at Nedbank

Job Purpose

To provide actuarial solutions to internal and external clients within the insurance industry; in line with Nedbanks Client Value Proposition.

Job Responsibilities

• conduct and compile Industry research and product development to provide the most appropriate range of products to clients.
• Identify and interpret relevent information using logic to seek cause and effect relationships.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Express ideas or facts clearly in written documentation so that the content is understood by the recipient.
• Develop sound product and industry knowledge.
• Assess the impact of regulation on the business and implementing required changes.
• Interact with internal and external clients to assess needs and provide solutions.
• Provide feedback and presentations to stakeholders.
• Develop and use collaborative relationships to facilitate the accomplishment of work goals.
• Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Minimum Experience Level

2 - 5 years in the Actuarial field within the Insurance environment. (non-negotiable)

Preferred Qualification

Bachelor of Science , Advanced Diplomas/National 1st Degrees

Type of Exposure

• Comparing two or more sets of information Working with a group to identify alternative solutions to a problem
• Completing various administrative and secretarial duties (e.g.; answering phones; making copies; filing)
• Managing conflict situations
• Sharing information in different ways to increase clients understanding
• Communicating internally and external
• Capturing data
• Checking accuracy of reports and records.
• Drafting reports
• Building and maintaining effectiv3e relationships with internal and external clients
• Managing customer expectations
• Interacting with diverse people
• Working in a fast-paced environment
• Working in a team
• Working with spreadsheets

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking knowledge
• Business principles
• Business terms and definitions
• Data analysis
• Microsoft Office
• Relevant software and systems knowledge
• Business writing skills
• Governance, risk and controls