Senior Actuarial Specialist at Old Mutual South Africa

Job Description

• To apply a winning and fit-for-purpose pricing/monitoring and analysis functionality that supports the growth and profitability across all product sets.
• Development; maintenance and control of pricing structures ensuring key underwriting/financial metrics within the business plan are achieved.
• Apply the control cycle for all pricing actuarial work:
• Collect & analyse, build models, implement, monitor, refine.
• Deploy and test pricing models
• Collect data for all actuarial work
• Apply actuarial / statistical techniques for pricing.
• Build and maintain rate and test models
• Provide input into the rate engine /Black box design specifications.
• Build models to profit test new products as well as changes to existing products
• Monitor trends and advise business accordingly.
• Design and implementation of corrective actions into the business.
• Compile the Monitoring pack for EXCO ensuring that insights are provided.
• Provide Ad hoc analytical support and in-depth investigations for actuarial purposes e.g. (Claims; CPI, Procurement), SIU / Fraud.
• Compile Portfolio Management reports for entire division
• Contribute to the setting of parameters for the budgeting and business planning cycle
• Contribute to specialised analytical assignments and projects where required
• Assist with data collection and analysis for Group Schemes and UMA’s
• Provide support to Operations as required.

Skills

Education

• Bachelor of Science (BSc): Actuarial Science (Required)

Closing Date

• 9 June 2021