Saturday , April 13 2024

Old Mutual Careers Cape Town – Intermediate Actuarial Specialist

Website Old Mutual

Job Description:

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual Limited and the specific Business Unit.

The Old Mutual Retail Protection Product Development team has some exciting opportunities. We are looking for self-motivated, innovative Intermediate Actuarial Specialist to join our Analytics teams.

The Retail Protection Analytics team are responsible for data analytics for Old Mutual’s entire retail protection product range. The product range includes life insurance, funeral cover, severe illness cover and disability cover.

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Job Responsibilities:

  • Analytics Performing experience analyses to inform actuarial assumptions for pricing and reserving and enable data-driven decision-making.
  • Product Design: Providing technical input into the financial soundness, risk, client value and commercial viability for new product development proposals.
  • Stakeholder Management: Provide input during engagements with senior stakeholders, such as the chief actuary, segment finance leads and their teams, to communicate results, and obtain buy-in for proposed actions.
  • Model Development: Developing new models for experience analyses, as well as maintaining and enhancing existing models.
  • Business Engagement: Engaging with IT, marketing and various other areas of the business to obtain data, ensure that new premiums and premium changes are implemented successfully and communicated appropriately.
  • Ability to complete tasks within agreed timelines with minimal guidance.

Job Requirements:

Bachelors Degree (B): Actuarial Science (Required)

Job Details:

Company: Old Mutual

Vacancy Type:  Full Time

Job Location: Cape Town

Application Deadline: N/A

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