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
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.
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