Intermediate Actuarial Specialist at Old Mutual

Old Mutual Group Assurance is seeking an experienced actuarial student to fulfil the role of an Intermediate Actuarial Specialist. The incumbent will be responsible for developing the actuarial analysis & reporting capability, pricing large group arrangements, and recommending product and basis enhancements with a strong focus on maintaining GAP’s excellence in product development and product management.

The incumbent will be expected to interact with intermediaries and internal stakeholders at all levels, the core responsibilities include:

• Pricing of group risk arrangements
• Assist with the development of pricing bases for group risk products
• Maintenance of reinsurance arrangements
• Developing, maintaining and enhancement of Old Mutual Group Risk products and policy terms
• Maintaining and coordinating updates to website and collateral material; and to accreditation guides and training material (relating to group risk products)
• Provide technical oversight and support, for group risk products in particular, to marketing, proposition, finance and servicing areas
• Performing mortality and morbidity experience investigations /monitors
• Analyse valuation data and results of group risk products to gain a deeper understanding and insight into business results and emerging trends
• Carries out technical actuarial work, often using complex systems and packages.
• Checks, manipulates and analyses volumes of data and draws conclusions from the analyses.
• Automation of models and business processes
• Development and maintenance of tools to analyse actuarial data in order to enhance management reporting
• May deliver actuarial and consulting reports and advice to clients.
• Responsible for technical accuracy and implementation of work.
• Works independantly, with less supervison than a Junior Actuarial Specialist.

Requirements:

• Actuarial student with a minimum of 9 credits
• At least 2 years actuarial experience
• Experience in the Group Risk or Employee Benefits industry, including Group Risk pricing, would be a distinct advantage
• Strong analytical and technical skills
• Good communication skills and have the ability to interact effectively with
• Highly motivated and energetic self-starter who is good at working with complex tasks under tight deadlines