Intermediate Actuarial Specialist at Old Mutual South Africa

Job Description

The Old Mutual Guaranteed Solutions Team is seeking an enthusiastic and suitably qualified individual to perform the diverse duties needed to sustain and grow the largest Smoothed Bonus Portfolio in South Africa

The role will include performing product marketing and management of Old Mutual’s R150bn+ Smoothed Bonus book. The segment agnostic nature of the team grants exposure to all segments from the Retail Mass Market up to the Corporate Segment. A deep focus on underlying asset performance allows for the broadening of the incumbent’s skillset beyond the rich understanding of liabilities. Opportunities to present the asset and liability performance to the top 10 clients is also provided. The role will also require collaboration across the business including senior management, finance, legal, compliance, marketing, IT, client servicing and operations. A clear path for upward progression is also established within the role

Key Result Areas

Craft and manage dissemination of smoothed bonus marketing collateral

• Undertaking client report back presentations covering a range of topics including liability positioning, underlying asset performance, ESG and transformation
• Provide Smoothed Bonus product technical support to distribution force
• Provide oversight to operations team performing unit pricing of smoothed bonus portfolios
• Representing the area in projects by driving the implementation of development, industry and regulatory changes (amongst others)
• Supporting Rest of Africa by providing product marketing and management insights to in-country teams

Skills, Qualifications and Experience required

• Actuarial student with at least 9 exam credits and 2 years actuarial experience
• Self-starter who shows initiative and is able to drive projects to completion with minimal guidance.
• Business acumen and negotiation skills.
• Good interpersonal and communication skills.
• Ability to work on a wide range of deliverables at once.
• Ability to present technical concepts to a wide range of audiences.
• Product experience would be an advantage.
• Investment experience would be an advantage.

Skills

• Communication, Interpersonal Communication

Education

• Bachelors Degree (B): Actuarial Science (Required)

Closing Date

• 06 September 2022