Actuary Ii - Midrand, South Africa - MiWay

MiWay

Verified Company

Midrand, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Minimum Qualifications Required

Bachelor's degree in Actuarial Science, Mathematical Statistics, or related field

Minimum Experience

5 years actuarial experience in short term insurance
Experience with reward programs for insurance companies Deliverables include but will not be limited to
Use actuarial techniques and models to investigate, design and develop appropriate reward initiatives that meet MiWay's business requirements.
Assist in the development of new initiatives and products that are powered by telematics technologies.
Assist in the design and implementation of processes and systems supporting all MiWay's rewards initiatives.
Create and maintain reports that track the effectiveness of the reward initiatives and products over time.
Create and maintain relationships with relevant internal stakeholders and external providers related to rewards.

Competencies Required

Excited by new challenges
Can envision and engineer solutions from scratch.
Keen to explore Big Data and extract value from it.
Confidence and good communication with nonactuarial audience.
Skilled in Microsoft Excel and Microsoft SQL Server.
Competency in the Python programming languages will be advantageous.
Agile and willing to change priorities as business requirements change.
Able to work alone and manage own time and also work in a team.

What will you do?
Assists the Chief Actuary with valuations in a financial services institution. Responsible for premium rates and all other statutory valuation work. Responsible for the activities of a department or a specific function or area e.g. supervision of actuarial staff, actuarial students and clerical staff.

In Pension Fund Industry would be appointed as Fund Evaluator with responsibility for checking fund calculations and doing complex presentations to clients.

In a Consulting environment would clarify client requirements and translate actuarial concepts into client-friendly terminology, meeting all reporting requirements. May also be involved in product development. Knowledge and Skills Actuarial Problem Solving Actuarial Negotiation Business knowledge Business analysis Personal Attributes Business insight - Contributing through others Optimises work processes - Contributing through others Develops talent - Contributing through others Self-development - Contributing through others Build a successful career with us
We're all about building strong, lasting relationships with our employees.

We know that you have hopes for your future - your career, your personal development and of achieving great things.

We pride ourselves in helping our employees to realise their worth.

Through its four business clusters - Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

Core Competencies Cultivates innovation - Contributing through others Customer focus - Contributing through others Drives results - Contributing through others Collaborates - Contributing through others Being resilient - Contributing through others Turnaround time