Actuary | Senior Actuarial Analyst - Discovery Life at Discovery Limited

Key Purpose

The main purpose of the role is to verify and maintain complex actuarial products on the in-house systems. This will involve the setting up and regular execution of checks, and identifying and driving fixes for issues identified.

The successful candidate will be expected to perform detailed monthly policy anniversary letter value checks. In addition, regular values testing of both new product features as well as fixes of existing product features will be required. Various ad-hoc investigations and reporting may be needed from time to time.

Areas of responsibility may include but not limited to

• Setting up and maintaining checking tools
• Monthly sign off of client anniversary letter values
• Testing new product features being rolled out on the system
• Ad hoc investigations to identify issues
• Driving fixes for issues identified
• Reporting of issues to management

Education and Experience

Essential:

• Matric with Mathematics
• Relevant Bachelor’s / Honours degree in Actuarial Science from an accredited institution
• Qualified/Nearly qualified actuary
• At least 5 years Actuarial experience preferably within the Life Insurance Industry
• Building and maintenance of checking processes & tools

Advantageous:

• Working within a systems environment
• Life insurance industry experience
• Team and project management

Technical Skills and Knowledge

Essential:

• Proficient with SQL (Oracle SQL & PLSQL preferred)
• Competent in MS Word, MS Excel, MS Outlook
• Strong mathematical and analytical skills

Advantageous:

• Knowledge of the Life Insurance market
• Strong interpersonal skills