Posted on: 11 April 2023
ID 856793

Product Actuary

Closing Date2023/04/18 Reference NumberMMH230406-18 Job TitleProduct Actuary Position TypePermanent Role FamilyActuarial ClusterMomentum Life Remote OpportunitySome of the time Location - CountrySouth Africa Location - ProvinceGauteng Location - Town / CityCenturion Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses. Visit us at www.momentummetropolitan.co.za

Role Purpose

An opportunity exists for a Product Actuary within the MMerge team that focuses on the management of our traditional Momentum (PDS) products. The individual will gain exposure to a wide range of products and projects.

Requirements

Experience & Qualifications
  • A graduate degree in Actuarial Science or related degree
  • Newly or nearly qualified Actuary
  • Previous Product Development / Management experience
  • A minimum of 5 year's relevant work experience
  • Advanced Excel capabilities will be advantageous
Duties & Responsibilities

Responsibilities And Work Outputs

Supporting the Product Management team looking after the traditional Momentum product for Momentum Life. This will involve providing guidance and technical support to other team members, as well as managing various projects or initiatives.
  • Ensure delivery of various projects and effective implementation of product solutions
  • Analysis of drivers of profit within product ranges to improve profitability
  • Building Excel product models to test product solutions
  • Presentations to internal product and executive committees regarding product investigations
  • Supporting ongoing regulatory compliance
  • Supporting cross-functional teams within the department
  • Analytics to improve understanding of the business and feedback into product management
  • Peer reviews
Competencies

Competencies Required
  • Accuracy and attention to detail
  • Problem solving and analytics
  • Teamwork
  • Ability to work independently
  • Good verbal and written communication skills
  • Commitment to producing results for clients and stakeholders
Occupation:
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