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  • Posted: Apr 11, 2023
    Deadline: Apr 18, 2023
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    Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...
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    Product Actuary

    Role Purpose    

    • An opportunity exists for a Product Actuary within the MMerge team that focuses on the management of our traditional Momentum (PDS) products. The individual will gain exposure to a wide range of products and projects.

    Requirements    
    Experience & Qualifications

    • A graduate degree in Actuarial Science or related degree
    • Newly or nearly qualified Actuary
    • Previous Product Development / Management experience
    • A minimum of 5 year's relevant work experience
    • Advanced Excel capabilities will be advantageous

    Duties & Responsibilities    
    Responsibilities and Work Outputs

    • Supporting the Product Management team looking after the traditional Momentum product for Momentum Life. This will involve providing guidance and technical support to other team members, as well as managing various projects or initiatives.

    Ensure delivery of various projects and effective implementation of product solutions

    • Analysis of drivers of profit within product ranges to improve profitability
    • Building Excel product models to test product solutions
    • Presentations to internal product and executive committees regarding product investigations
    • Supporting ongoing regulatory compliance
    • Supporting cross-functional teams within the department
    • Analytics to improve understanding of the business and feedback into product management
    • Peer reviews

    Competencies    
    Competencies Required

    • Accuracy and attention to detail
    • Problem solving and analytics
    • Teamwork
    • Ability to work independently
    • Good verbal and written communication skills
    • Commitment to producing results for clients and stakeholders

    Method of Application

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