Actuarial Analyst

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms the Momentum Group provides practical financial solutions for people, communities and businesse

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

The role will be responsible for the building and implementation of product models for the purposes of modelling product values and fund build-ups, as well as developing tools to facilitate excellent automated risk management. The role offers exposure to an extensive range of historical and current life insurance products while developing actuarial judgement in balancing the needs for the various stakeholders.

Matric

Degree in Actuarial Sciences, Statistical Analysis, Mathematics or related field

Honours degree in Actuarial Science

Completed at least 4 Foundation and Intermediate Technical exams - ASSA A100 and A200 series exams

Actuarial student

0-2 years experience

INTERNAL PROCESS

Build and maintain models of the business in excel vba Document business requirements

Draft and review the required processes that monitor the accuracy of policy values

Specify, build and maintain models of the business

Investigate, quantify and explain any deviations and advise on corrective measures.

Ensure that all projects to be implemented adhere to audit and risk management requirements.

Investigate product bases, and apply sound actuarial judgement for rationalisations where required

CLIENT

Make recommendations to improve client service and fair treatment of clients within area of responsibility.

Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.

Conduct relevant research to inform assumptions, projections and advise provided to the business, and to develop own expert opinion.

PEOPLE

Develop and maintain productive and collaborative working relationships with peers, clients and stakeholders.

Positively influence and participate in change initiatives.

Continuously develop own expertise in terms of professional, industry and legislation knowledge.

Contribute to continuous innovation through the development, sharing and implementation of new ideas.

Take ownership for driving career development.

Effectively manage time and ensure optimal productivity.

Ensure technical product and legislative knowledge is always current in order to propose the most relevant and innovative client solutions and comply with governance  self-confident, self-motivated and relentlessly pursue targets and goals.

Collaborate with developers to ensure the accurate and efficient implementation of your models.

FINANCE
Identify solutions to enhance cost effectiveness and increase operational efficiency.

Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Ability to examine and interpret data and provide insights.

Good analytical and communication skills

Being able to effectively work and communicate with a range of people

Experience in Excel and SQL will be advantageous