Product Actuary - Centurion, South Africa - Momentum Life
Description
Introduction
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.
Role Purpose
An opportunity exists for a Product Actuary within the MMerge team that focuses on the management of our traditional Momentum (PDS) products.
Requirements:
Experience & Qualifications
- A graduate degree in Actuarial Science or related degree
- Newly or nearly qualified Actuary
- Previous Product Development / Management experience
- A minimum of 5 year's relevant work experience
- Advanced Excel capabilities will be advantageous
Duties & Responsibilities
Responsibilities and Work Outputs
Supporting the Product Management team looking after the traditional Momentum product for Momentum Life.
This will involve providing guidance and technical support to other team members, as well as managing various projects or initiatives.
- Ensure delivery of various projects and effective implementation of product solutions
- Analysis of drivers of profit within product ranges to improve profitability
- Building Excel product models to test product solutions
- Presentations to internal product and executive committees regarding product investigations
- Supporting ongoing regulatory compliance
- Supporting crossfunctional teams within the department
- Analytics to improve understanding of the business and feedback into product management
- Peer reviews
Competencies
Competencies Required
- Accuracy and attention to detail
- Problem solving and analytics
- Teamwork
- Ability to work independently
- Good verbal and written communication skills
- Commitment to producing results for clients and stakeholders
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