Role Purpose To be involved in all aspects of actuarial management of a short-term insurer with a focus o...

JOB INDEX - 6 months ago - Job Mail

6 months ago

Actuarial Specialist

Role Purpose 

To be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product 

development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a 

broad, technical role with opportunities to develop in a range of directions.

Responsibilities and work outputs 

  • Collect data from various sources and assess the completeness and accuracy of the data.
  • Perform data analysis and advise on appropriate actions to be taken.
  • Perform detailed statistical investigations using specialised software.
  • Assist in the implementation of various products on the chosen LOB system across all regions.
  • Devise methods and strategies to implement and monitor underwriting controls across various regions.
  • Devise and monitor the success of rate making and renewal strategies.
  • Assist with the cross-population of skills and ways of work that could find purpose in wider application.
  • Build and maintain good working relationships with management across various regions.
  • Ensure adherence to escalation procedures and mandates on system.
  • Design and develop products and processes that would suit the opportunities identified.
  • Develop and manage a spectrum of partners that MMI could leverage off in designing the solutions to various identified opportunities.

Competencies required: 

  • Analytical.
  • Planning & Organising.
  • Problem Solving. 
  • Producing Innovative solutions to problems. 
  • Action Orientation. 
  • Persuasiveness. 
  • Effective Communication (written and verbal). 
  • Flexibility. 
  • Resilience. 
  • Personal Motivation. 
  • Accountability. 
  • Good interpersonal skills.
  • Financial Acumen. 
  • Additional Information. 
  • Enthusiastic and passionate about the job and the company. 
  • Energetic and a quick worker. 
  • Strong sense of Integrity and honesty.
  • Ability to respect confidentiality. 
  • Deadline and results oriented. 
  • Organised, self-disciplined and self-motivated. 
 

Experience and Qualifications 

  • Experience in short-term insurance. 
  • Bachelor\'s degree in actuarial sciences, Science, Finance Commerce or Business Sciences.
  • Basic programming skills would be advantageous.