Senior Actuarial Specialist: Product and Risk
Cape Town

• Assisting with and input into the development and implementation of a framework for performing regular product reviews
• Maintenance and/or enhancements of the existing group risk product range; e.g review of benefits and pricing, maximum benefits, policy contracts and terms & conditions
• Provide thought leadership and actuarial expertise to a cross-functional team reviewing key features of existing group risk product suite
• Provide technical oversight and support, i.t.o. group risk products to servicing areas
• Provide support in performing market research & competitor analysis to inform product strategy
• Identify, manage and mitigate risks (and associated controls) in the business relating to group assurance products & assisting with the reporting thereof to the relevant governing committees
• Managing of and reporting on both the inwards and outwards reinsurance requirements for the group risk products for GAP; including (inter alia) auto-treaty, facultative and international pooling arrangements
• Assisting in setting the strategic reinsurance strategy for GAP, both long and short term
• Pricing of large and complex group risk arrangements
• Training & development of junior actuarial students
• Senior actuarial student making good progress with exams (exceptional candidates who don’t meet this requirement may be considered)
• Substantial actuarial experience (a minimum of 3 years)
• Strong analytical and technical skills
• Group Assurance pricing experience would be an advantage
• Experience in the Group Risk or Employee Benefits industry would be an advantage l5.1o

Please note that the appointments may be made at a lower role size depending on the successful candidates’ experience and exam progress.