Actuarial Analyst Research & Development | Conservation Strategy
About Discovery
Discoverys core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
About Discovery Life
Discovery Life is an ever growing fast-paced and dynamic environment that provides innovative risk assurance to individual clients. This environment thrives on customer engagement and customer experience as well as mutually beneficial relationships with our brokers and other stakeholders. It is important for our employees to provide a world class service to our internal and external clients, thereby ensuring long and sustainable relationships
Key Purpose
The primary element of this role is to provide support to the Conservation (Retentions) Strategy team by completing data extraction and analysis, which informs strategy development and implementation. This can also involve implementation and monitoring of strategies.
Areas of responsibility may include but not limited to
- Extract data and analyze to determine key trends in Distribution, product take-up, lapses, Vitality engagement and other areas
- Brainstorming and researching new and emerging fields to provide input for innovative solutions
- Utilize technical product knowledge, including understanding of competitors, to identify business opportunities
- Motivate and support Conservation (Retentions) related initiatives within different prioritization forums, drive implementation thereof in a timely and effective manner
- Set up and check monitoring to determine effectiveness of strategy; to determine updates to current strategies and drive further strategies
Education and Experience
- Matric with Mathematics
- Relevant Bachelors/Honours degree in Actuarial Science from an accredited institution
- At least 6 or more exams passed
- Working experience as an Actuarial Analyst in the Life Insurance industry
Technical Skills and Knowledge
- Proficiency in MS Word, MS Excel and MS Outlook
- Effective communications skills
- Strong data analysis skills
- Problem Solving skills
- Knowledge of the Life Insurance market
- Experience in coding, monitoring and reporting
The Companys approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
