Active Jobs at Discovery Limited

Key Purpose

• Lead a highly specialized actuarial team providing product, market, and strategic insights to increase new business for Discovery Insure.  This involves the development and dissemination of effective sales strategies, compelling product positioning and tools for advisors & clients.

Areas of responsibility may include but not limited to

• Provide customised support for specific sales opportunities and new business initiatives
• Package and drive the roll-out of new products and benefits through the annual launch cycle
• Develop and present roadshow, PPD and training material
• Provide technical product support to distribution and servicing channels
• Develop compelling analytical content and product toolkits to demonstrate how the Discovery Insure value propositions deliver exceptional value to clients, advisors and other stakeholders
• Produce objective industry analysis and market insights which clearly position Discovery Insure as the authority on how the industry operates and the broader competitor landscape
• Utilise technical product knowledge, including understanding of competitors, to identify business opportunities
• Support R&D decision-making and strategy through distribution and client insights

Knowledge and Skills

• Modelling (Basic)
• Programming: VBA & SQL (Intermediate)
• Microsoft Office (Excel, PowerPoint, and Word) (Advanced)

Education and Experience

• Matric
• Actuarial Qualification – Good progress with Actuarial exams
• Qualified Actuary (Advantageous)
• Belong to the Actuarial Society of South Africa (ASSA/FASSA)
• At least 5 years business experience, with a proven record of innovation, delivery, and performance
• Collaborates mainly with the product development, MIS, pricing, distribution, and marketing divisions
• Works with advisors and broader stakeholders such as partners and media

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Key Purpose 

• To lead the talent ambition of attracting and recruiting the absolute best person for every role at Discovery 

Areas of responsibility may include but are not limited to 

• Benchmark and design best in class acquisition strategies, processes and systems in partnership with Heads of People, Center of Excellence/Expertise (COE) and business leaders. 
• Lead the talent acquisition and employer brand function working in close collaboration with Heads of People and Business Leaders to support them in shaping their acquisition and employer brand strategies. 
• Enable a memorable high quality candidate experience through the acquisition process: leverage data and feedback from surveys to continuously improve on the experience,  
• Elevate the company’s visibility as the employer of choice through amplifying the talent brand and EVP using the relevant sourcing and attraction channels. 
• Lead the talent acquisition function, COE and business teams to be brand ambassadors, identifying opportunities to build the Discovery brand;  
• Source and implement relevant tools to ensure the engagement of passive and active candidates for current and future business needs. 
• Develop and utilize metrics and reporting to ensure productivity and effectiveness of recruiting efforts. 
• Identify and manage external vendors and suppliers for candidate sourcing for the organization; contribute to vendor and agency selection contract negotiation and relationship management. 
• Build strong and dynamic relationships with the business and guide them on the agreed process and governance in place. 
• Lead and support the centre of expertise specialists and Business Unit Acquisition/Recruitment team members in building their capability, supporting growth and development.   

Key Competency Areas: 

Values Driven:  

• Committed to integrity and ethics in business 
• Behaves consistently with Discovery Values 

Optimistic:  

• Motivated by a positive future 
• Energized by challenges 

Learns on the Fly: 

• Embraces the unfamiliar 
• Experiments to find solutions 

Resilient:  

• Recovers quickly from setbacks 
• Grows from negative experiences 

Instils trust: 

• Follows through on commitments 

People Savvy:  

• High EQ with low ego 
• Works well with internal and external stakeholders 

Drives Results:  

• Energizes self and others to achieve 
• Consistently exceeds goals 

Problem Solver:  

• Looks beyond the obvious 
• Finds sustainable solutions 

Personal Attributes and Skills 

• Personally credible: Builds and delivers professionalism through combining commercial and HR expertise to bring value to the organisation, stakeholders and peers: 
• Considers how best to add value and ensures own expertise is sufficiently developed to do so.  
• Shows enthusiasm to broaden own experience, knowledge, skills and self-insight 
• Passes on own skills to others, sharing knowledge and experience readily. 
• Accepts and acts on feedback on own performance, reacting appropriately to both constructive criticism and praise.  
• Offers sensible, impartial advice and is considered as wise counsel.  
• Role Model: Acts with integrity, impartiality and independence, balancing personal, organisation and legal parameters.  
• Has a deep sense of own core values and operates within personal boundaries. 
• Consistently acts according to organisational and legal principles and agreed processes 
• Delivers to expectations and promises  
• Accepts responsibility and takes remedial and developmental action when mistakes are made.  
• Deals with personal data and information in a highly professional manner and within the boundaries of relevant legislation.  

Education and Experience 

• Relevant 3 year degree and / or post graduate qualification 
• Minimum 7- 10 years recruitment experience 
• Proven experience and successful track record in leading a Recruitment and/or Talent Management function 
• Experience in formulating talent acquisition strategies, processes and systems 

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Key Purpose

• The primary focus would be, from an systems and actuarial point of view, to investigate and resolve issues encountered on systems, ensuring that the product and business rules are adhered to, and continuously improving and optimising processess. This position is crucial in ensuring that the existing products are functioning at a level that meets policyholder expectations, and that the integrtiy of the products remain intact. The role is unique as it acts as a bridge between the purely actuarial product development teams and the physical implementation on the system. It contributes a unique combination of actuarial and IT skills to the product development team. A major part of this role is to balance the pressures of client expectations with the defined product rules, and to coordinate a resolution from an actuarial, and a systems perspective.

Areas of responsibility may include but not limited to

• Resolving defects and inconsistencies in product functions
• Balance the needs and expectations of the client, with intended product rules
• Identify and investigate root causes of recurring defects
• Develop automated tools for calculations and values checking
• Monitor the implementation of products and benefits
• Test and validate new products and benefits and their implementation on the system
• Inform and assist non-technical teams on product rules and issues
• Provide expertise and guidance on specific product workings to management, and other actuarial teams

Education and Experience

Essential:

• Matric with Mathematics
• Bachelor of Science (BSc), Bachelor of Business Science (BBusSc) or equivalent degree in Actuarial Science

Advantageous:

• Computer science experience
• At least 1 years of working experience as an Actuarial Analyst within the Life Insurance industry
• A311 exam passed or exemption obtained

Technical Skills and Knowledge

Essential:

• Intermediate proficiency in MS Excel
• Knowledge on Data Analysis
• Intermediate IT and coding skills
• Strong mathematical, statistical, and analytical skills
• Strong interpersonal and communication skills
• Take initiative and learn quickly, while being adaptable

Advantageous:

• Knowledge of the Life Insurance market.
• Experience in working with Databases (SQL)
• Experience in Actuarial Modelling, Problem Solving, Data Analysis and information science

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Key Purpose of the role

• The position is responsible for the day-to-day administration and, within the Retirement Funds business unit. This is a core administration function, and the incumbent would be required to holistically administrate a portfolio of different Retirement Fund disciplines, for example monthly contribution reconciliation and investment, Section 13A non-compliance letters and calculations, Default Reg requirements, T-day and new member processes. The incumbent must ensure that processes and procedures are implemented, maintained, and improved. The incumbent needs to ensure operational activity is conducted within regulatory frameworks, accurately, effectively, and efficiently. The incumbent must ensure that he/she has the knowledge, skills, tools, and competencies required to perform the required job within service level agreements. The incumbent must have an appetite to be part of a growing new business unit, continuous improvement, able to adapt to change easily and play a role in change management within the team, challenge the status quo, inspire, and motivate others. The incumbent will continually review existing processes and procedures to ensure the delivery of committed services to the Umbrella Funds Clients.

Areas of responsibility may include but not limited to

• Processing of all daily and monthly transactional activity within agree service levels.
• Performing QA function for document verification where necessary.
• Ensure that day to day administration is accurate, compliant, and abreast with regulatory frameworks such as, Pension Funds Act, Tax Act, Rules of the Discovery Life Umbrella Pension and Provident Funds, Participating employer special rules. Ensures delivery of key operational attributes such as data completeness and data quality.
• Dealing with queries from internal stakeholders, communicate effectively with clients to resolve queries and escalations, ensure client expectations are met.
• Prepare management and client report for submission to superiors.
• Dealing with escalated calls or queries from internal stakeholders, communicate effectively with clients to resolve queries and escalations, ensure client expectations are met.
• Develop and maintain excellent business relations with internal and external brokers.

Personal Attributes and Skills     
The successful candidate must demonstrate the following competencies:

• Communication Skills: able to communicate clearly both verbally and in writing.
• Reporting Skills: ability to consolidate information and compile reports reflecting the necessary relevant information
•  Ability to communicate logically and objectively is essential components of this role.
• Attention to detail
• Very organised
• Expresses opinions, information, and key points of an argument clearly.
• Probes for further information or greater understanding of a problem.
• Relates well to people at all levels.

Education and Experience

• Matric - essential
• 5 years Employee Benefits , Retirement Funds, Umbrella Fund experience – Essential
• NQF level 6 or similar is advantageous
• Relevant Industry Qualifications – Wealth Management, Introduction to Retirement Funds – Advantageous
• MS Office – Advanced Excel Skills, Retirement Fund and Umbrella Fund operations, Accounting, Investments,