Junior Actuarial Analyst at Telesure Investment Holdings (TIH)

Specification    
Data Collection & Analysis

• Produce accurate reports for others by collecting data from a variety of standard sources and inputting it into standard formats.
• Extract and verify data used for actuarial models.
• Reconcile data/information against credible data sources (for example financials) to ensure the data is complete and accurate. Before data is used for analysis/ modelling, review and acquire signed-off from the Technical Manager.

Actuarial Modeling

• Assist in developing actuarial models and processes.
• Models to be fit for purpose and able to estimate the reality accurately.
• Regularly monitor Models to ensure model performance.

Insights and Reporting

• Extract and combine data to generate standard reports.
• Provide an ecosystem where data and data analysis is nimble and easy to access within the business.
• Ensure monitoring is accurate and complete and regularly validated against credible data sources.
• Review results on a regular basis and monitor against actuals across brands and distribution channels within the business.

Model Deployment and Testing

• Develop the monitoring processes to measure the performance of the model/ pricing under the guidance of the technical manager.

Improvement / Innovation

• Support others by implementing improvements and carrying out simple change management tasks. Ensure data processes are continuously maintained and kept up to date.

Operational Compliance

• Develop knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct to ensure own work adheres to those standards.
• Obtain authorization from a supervisor or manager for any exceptions from mandatory procedure. Maintain standards of integrity and professionalism as set out by the Actuarial Society of South Africa.

Personal Capability Building

• Develop and maintain excellent process or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching.

Requirements    

• General Education
• Bachelors / Honours degree in Actuarial Science or similar (Essential);
• Making good progression toward Actuarial qualification (Essential)

General Experience

• Actuarial Graduate from university or an individual with less than 2 years work experience outside of the Short Term Insurance environment (Essential)

Closing Date: 30th, March 2022