Trainee Actuary - Pricing Specialist - Cape Town
Salary Negotiable
Cape Town, Western Cape
Cape Town,
Western Cape
more than 14 days ago
22-04-2017 12:31:16 PM
06-05-2017 12:31:16 PM
ARE YOU…
* A fast-paced, dynamic “Corporate Entrepreneur” who challenges the status-quo to innovate and improve?
* An engaging team-player, keen to contribute wherever needed?
* 150% results-driven, doing whatever it takes to meet (or beat) deadlines?
WE ARE…
* A highly innovative and pioneering newly-launched South African Life Insurer based in “the Mother City” of Cape Town.
* A subsidiary of a listed UK entity (London Stock Exchange & FTSE) with notable corporate governance models and renowned as a market-leader, delivering exceptional client service.
Our business in a nutshell:
* We are lean, agile and poised for greatness.
* We have a robust, listed parent company and an outstanding Board.
* We have a top-notch and diverse team, comprising the “cream of the crop”.
* Our flat management structure offers an exceptional opportunity to advance your career through your vital contribution to revolutionising the industry.
* Our output-based approach does not police office hours, but rather focuses on our non-negotiable style of delivering to deadline.
Our culture:
* We risk winning wherever we play – we challenge complacency to unlock opportunities.
* We are highly ethical and transparent – with our clients and with one-another.
* A deep mutual respect and trust permeates our working environment and activities – every opinion and debate is welcomed and valued, so that we remain ahead of our game.
* Our team is united by a common desire to create a legacy in a new market niche and we share a commitment to deliver optimally.
* We enjoy great coffee together – our team vibe is personal, energetic and enthusiastic; with healthy banter.
WHY WORK HERE?
* We are expanding our winning team to include spirited experts with the following attributes:
- Outstanding skills and an attitude of accountability.
- Self-starters and exceptional time managers, highly detail-oriented and results-driven.
- Engaging team-players who relish a healthy debate and jump right in as required.
* In short, you should be able to run circles around the “Average Joe”.
* In return, we are a fearless ground-breaker that embraces a truly wonderful company culture.
ABOUT THE JOB:
Strategic Overview:
* Your energetic, ambitious nature and your willingness to learn; combined with computer-modelling skills and exposure to the Actuarial field may allow you a dynamic and cutting-edge career-path in a fast-paced Life Insurance business.
* This role is suited to newly / nearly qualified Actuaries, or those who did not complete a full Actuarial qualification but would enjoy a unique challenge in this sector.
Key Objectives:
* Assume responsibility for the operational delivery and integrity of Annuity Quotations, including:
- Ensuring that pricing system delivers timeous and accurate non-profit and with-profit Annuity quotations.
- Developing and testing of changes to the pricing framework, including the ongoing automation of manual processes.
- Management Information reporting and proposals for remedial actions as required, particularly in terms of competitiveness and operational efficiencies.
* Assisting with analysis and reporting of Mortality Experience and any proposed changes to pricing that may be required.
* Providing input to the Product Development Team from a pricing perspective.
* Providing Actuarial support to various business areas including IT, Operations, Sales and Marketing, Product Development, Valuations, Reinsurance and Capital Management.
Requisite skills & competencies:
* Good understanding of pricing models.
* Knowledge of Annuities and Life Insurance business – beneficial.
* Programming experience – beneficial.
* Strong analytical and problem solving skills.
* Strong technical and computer skills.
* Able to establish priorities, manage several tasks and lead or influence as required.
* High degree of self-motivation – can work independently as well as in a team.
Qualifications:
Newly / nearly qualified Actuary or Degree in Financial Risk Management / Actuarial Science.