Actuarial Assistant Manager: Expenses

MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients superior value products. Our Vision is to be a world-class direct financial services business that offers a complete array of services under one convenient umbrella – all managed online.

We are positive that with the right people on board, we will continue to grow and give our clients the freedom to do things their way – free from worry and most importantly at peace with all the “what-ifs” of the world. Company values that every employee subscribes to are:
Energy, Freedom, Accountability and Attitude. The ideal candidate is one who has the courage to be bold and subscribes to MiWay’s core values! Do you have a positive attitude, love a challenge, treat your colleagues with respect and look for solutions, not problems? If yes, then MiWay is the place for you!

Join MiWay's Actuarial department in the recently established expense function. This team is responsible for scientific expense pricing, expense reporting as well as ad hoc investigations into expense matters. This is an exciting opportunity that requires engagement with many stakeholders in order to understand how money is spent and then feed this data back into pricing.

• • Analyse company expenses to gain management insights
• • Analyse and recommend initiatives to reduce the expense ratio
• • Model expenses to inform office premium pricing
• • Produce and automate monthly expense reports
• • Management of a small team of expense actuarial analysts including priority and workload management, review and sign-off of changes.
• • Note that due to the small team size, this role will still be very hands‑on.

• Managing Change - Fully Competent
  Works with full competence to demonstrate a change mindset as well as plan, execute and monitor activities during times of change whilst keeping performance levels up. Typically works without supervision and may provide technical guidance.
• Risk Management Techniques - Fully Competent
  Works with full competence to identify, assess, prioritize and manage risks. Typically works without supervision and may provide technical guidance.
• Threat Assessment - Fully Competent
  Works with full competence to identify, analyze, and prioritize potential organizational threats, gather intelligence to evaluate their credibility and potential impact, and use analytical techniques to differentiate real from perceived threats, while proactively monitoring emerging threats and planning for organizational preparedness and resilience. Typically works without supervision and may provide technical guidance.
• High Risk Typologies Methodologies - Fully Competent
  Works with full competence to identify and analyze patterns in high‑risk financial activities and typologies, understanding the financial crimes risks posed by various high‑risk activities and instruments such as money services businesses, payments companies, virtual currencies, cash intensive businesses, hedge and private equity funds, foreign correspondence banking, non‑operating companies and payroll service companies. Typically works without supervision and may provide technical guidance.
• Manages Resistance - Fully Competent
  Works with full competence to identify, address, and navigate opposition or reluctance effectively, fostering a collaborative environment and facilitating positive outcomes in the face of resistance. Typically works without supervision and may provide technical guidance.
• Review and Reporting - Fully Competent
  Works with full competence to create reports, and review reports created by others, for various audiences as relevant, in a lucid and effective manner, keeping in mind the…