South Africa Job Openings
Momentum Insure Company Limited
Actuarial Analyst
Centurion
FULL TIME
November 19, 2024
Introduction
Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.
Our federated model emphasises empowerment, accountability, and continuous engagement with all our stakeholders. Designed in close consultation with leaders across the group, this operating model aims to unleash each business unit's inherent energy and commercial drive through our collaborative federated approach. Visit us at www.momentumgroupltd.co.za
Disclaimer
As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
To be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a technical role with opportunities to develop.
Requirements
Experience and Qualifications
- 1 - 3 years short-term insurance, with experience in Short-term Insurance pricing, will be preferred.
- A degree in Actuarial Science, Statistics, Business Sciences or Business Mathematics. Other degrees or postgraduate qualifications with a statistical/modelling aspect and/or experience will be considered.
- Microsoft Excel proficiency.
- Basic programming skills.
Duties & Responsibilities
- Collect data from various sources and assess the completeness and accuracy of the data.
- Perform data analysis and advise on appropriate actions to be taken.
- Perform detailed statistical investigations using specialised software.
- Technical pricing model development and implementation assistance.
- Technical pricing innovation and improvement on existing models
- Street pricing development and practical implementation assistance
- Pricing monitoring.
- Input into product development and business processes where required.
- Design and build analytical solutions to meet business needs.
Competencies
- Analytical and technical skills.
- Problem solving
- Producing innovative solutions to problems
- Effective communication (written and verbal)
- Accountability
- Good interpersonal skills
- Proficient in managing priorities
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