Senior Specialist: Unit Pricing at Liberty Group South Africa

Purpose

• To provide advice & support in the development & implementation of area of specialisation; enabling the provision of new products and investment portfolio pricing structures.

Minimum Experience

• 3 - 5 years experience in a similar environment, of which 1 -2 years at a junior specialist level

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Finance Economics and Accounting

Outputs

• Drive production and the release of daily unit pricing to the business.
• Understanding the unit pricing process end to end which includes the associated processes, unit pricing calculation in pControl and the impact on policyholder value.
• Analyse, explain and drive improvements in the performance metrics and reports produced across the Group.
• Proactively identifying opportunities to reduce operational risk in the process
• Maintaining the Model Risk Register
• Drive automation and process improvements
• Training of new Staff
• Investment Performance Analysis and Reporting
• Producing Quarterly Asset Allocation reports to SARB

Process

• Identify, diagnose and recommend improvements and provide specialist advice and support; ensuring that solutions are appropriate and effective.
• Identify areas for improvement and recommend automated solutions in order to enhance process efficiency and delivery.
• Assist on and ensure the effective preparation of weekly and monthly unit prices in addition to the monthly cover position.
• Maintain parameters such as tax and prime interest rates and ensure that changes are updated as and when it occurs.
• Investigate and develop applicable cost and or price observations and recommendations to be used in proposals.
• Accountable for the improvement of quality, service and work outputs, continuously recommending improvements.
• Plan for the organisation of work outputs and process improvement activities in light of a specific situational context related to the area of specialisation.
• Proactively identify area of specialisation related problems, determine cause and effect and recommend the best option to implement corrective action based on previous experience.

Customer

• Provide sound consulting services and recommendations based on customer and client needs, current information and trends analyses.
• Provide specialist expertise and advice to internal/external customers, that builds strong relationships and creates a favourable impression aligned to Treating the Customer Fairly (TCF) principles.

Finance

• Adhere to financial controls, governance and compliance policies and processes throughout an area of specialisation, contributing to cost efficiency.

Learning and Growth

• Contribute positively to human capability improvement, related to knowledge optimisation and associated with area of specialisation.

Governance

• Comply to risk and governance policies, implement and provide subject matter input to the development of related processes, applicable to the area of specialisation.