Actuarial Product Specialist

INTRODUCTION

The incumbent will play a key role in the Mmerge Product Development team servicing the at the Africa Segment based in the Bellville office.

ROLE PURPOSE

The purpose of this role is to perform actuarial product development tasks as well as product and risk management of all retail risk, annuities and savings products for several African subsidiaries.

The incumbent will form part of the team responsible for:

• Product design,
• Setting the risk management framework,
• Product pricing and maintaining on existing products.
• Ensure that product remain competitive, relevant and meets profitability targets.

THE WORK YOU NEED TO DELIVER

• Contributing to the delivery of innovative, value-for-money products to the market through the development, pricing and design of new products.
• Ensuring ongoing competitiveness and attractiveness of the individual life risk product range both from a product and pricing perspective.
• Delivering efficient and consistent service and support to all internal and external clients, hence ensuring a quality interaction and relationship with all stakeholders.
• Collaboration with all the other relevant stakeholders (internal and external) such as valuations, claims, underwriting, reinsurance partners etc.

Desired Skills

• Experience in the following will be advantages: Moses
• Prophet
• SQL
• VBA - Proficient in MS Office Packages (MS Outlook
• MS Word
• MS PowerPoint
• MS Excel)

Desired Work Experience

• 2 to 5 years

Desired Qualification Level

• Degree

About The Employer

The incumbent will play a key role in the Mmerge Product Development team servicing the at the Africa Segment based in the Bellville office.