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  • Posted: Jun 2, 2021
    Deadline: Not specified
  • Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries.

    Read more about this company


    Senior Actuarial Specialist

    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.



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

    Closing Date

    • 9 June 2021

    Method of Application

    Interested and qualified? Go to Old Mutual on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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