Product Development Specialist
Cape Town and Johannesburg, Gauteng, South Africa
• The role will be limited to L funeral and the risk “funeral” products, and any other products management might allocate to the role.
• Product design and product pricing to assist with the approval of new products, including Prophet coding / modelling.
• Provide support to the system development team in implementing new products and other required changes on the admin system.
• Develop and maintain strong and supportive relationship with distribution channel heads, product house and any other stakeholders with a view to assist in their efforts to meet business objectives.
• Perform and Interpret experience investigations and product management exercises to inform and/or influence business decisions.
• Provide ongoing Actuarial/technical support to the rest of business
• Model building to assist broader business decision making.
• Setting up management tools for assessing viability and ongoing suitability of products.
• Assisting Business Development projects, regulatory impacts on the business and ad-hoc projects.
• Provide effective management and leadership to the direct reports and the Product Support Team.
• Actuarial Degree
• At least 5 years Actuarial working experience.
• Good progress with Actuarial exams. Preferably, CT equivalent exams complete
• Proficiency in Excel.
• Relevant experience in Life Insurance will be required.
• Knowledge of Prophet and DCS will be a prerequisite.
• Product development experience will be an advantage.
• People management skills.