AVBOB Manager - Actuarial Services - Product Jobs in South Africa

AVBOB Manager - Actuarial Services - Product Jobs in South Africa


Specification

Responsibilities Include:

  • Play a key role in all Product Development and Product Management activities relating to both Individual and Group Scheme products of the Society.

  • Member of Product Committee (management committee) including the drafting of the monthly report to the Product Committee.

  • Play the lead role in the Pricing, Product Development and monitoring functions in the product development process of both individual and group scheme products of the Society.

  • Managing the product pricing function, including establishing robust pricing processes, enhancing existing Prophet models to be appropriate for pricing and the maintenance and improvement of these processes and models.

  • Play a support role in the market analysis, idea generation and implementation functions in the product development process of both individual and group scheme products of the Society.

  • Support the Compliance Department to ensure that the Society‚Äôs Individual and Group Scheme products remain in line with relevant and changing regulations and legislation.

  • Providing input into the decisions around ad-hoc special bonuses.

  • Providing input into strategic business decisions and writing of recommendations to the Executive Committee.

  • Managing
    relationships with actuarial consultants.

  • Reviewing and providing guidance on work items of staff.

  • Mentoring and assisting with development of staff.

  • Providing input and support to other departments (Claims, Policy services, Complaints, Risk Management, Internal Audit, Valuations).

    Requirements

    Qualifications:

  • A relevant degree, eg Actuarial Science, Mathematical Statistics.

  • Associate Actuary or Qualified Actuary and member of a relevant actuarial body (eg FASSA / AMASSA, FIA / FFA.

    Experience:

  • At least 10 years relevant work experience in the financial services industry.

  • Experience in a life insurance product environment.

  • Previous management experience is preferred.

  • Knowledge of actuarial guidance, the regulatory environment and the commercial landscape of life and funeral insurers.

  • Actuarial modelling techniques; Prophet or similar; VBA, SQL or Qlikview will be advantageous.

    Competencies:

  • Proactive and self-starter with the ability to work independently.

  • Deadline-driven and the ability to work under pressure.

  • Results orientated.

  • Maintaining high performance standards.

  • Can-do attitude with willingness to go the extra mile.

  • Fostering teamwork.

  • Customer focused.

  • Professional conduct.

  • Strategic thinking

  • Planning and organising

  • Development of people

    How to Apply

  • For more information and job application details, see; AVBOB Manager - Actuarial Services - Product Jobs in South Africa

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