Actuarial Manager - Sandton Verfied

Salary Negotiable Sandton, Gauteng Sandton, Gauteng 10 days ago 13-01-2022 10:17:51 AM
Actuarial Manager

To manage the pricing and product development to ensure the financial stability of the Company. The Pricing Analyst will analyse data for pricing, product development and product enhancement.
• BSc/BCom (Mathematics/Mathematical Statistics/Actuarial Science).
• Progress with actuarial exams would be beneficial. Completed Foundation and Intermediate Technical subjects.
• Experience in managing actuarial teams.
• A minimum of 1 year in a management role.
• Pricing or product development in long-term insurance
• Experience investigations
• Building and maintaining pricing models
• MSOffice (advanced Excel knowledge), VBA and SQL
• IFRS17 knowledge/experience is advantageous

• Managing the Pricing and Product Development team
• Managing the Reporting and Data analytics team
• Developing and maintaining pricing models
• Developing, maintaining and enhancement of risk products and policy terms
• Developing pricing bases for all risk products
• Support Sales in implementing renewals
• Reviewing rates on existing business
• Monitoring of claims ratios and profitability of the company’s schemes
• Performing the various experience investigations to inform the pricing and embedded value bases (incl. expense and mortality investigations and Analysis of Surplus)
• Maintaining the profitability of the standard products
• Support the Senior Actuarial Manager in preparing Board Reports
• Ad-hoc projects including internal and external audits
• Provide technical oversight and support, for risk products to Sales, Finance and other service areas msaf13.1s