Senior Product Specialist Centurion - J2K Consulting (Pty) Ltd

    J2K Consulting (Pty) Ltd
    J2K Consulting (Pty) Ltd Centurion

    1 week ago

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    Description

    Senior Product Specialist (Income Solutions)

    The Senior Product Specialist for Income Solutions will play a leading role in managing guaranteed annuity and structured product solutions.

    Duties & Responsibilities

    • Understand and manage pricing models for guaranteed annuities and structured solutions, ensuring accurate valuations and reserves.
    • Collaborate with valuation teams to unpack business value and reserves, providing deep insight into assumptions and models.
    • Work with Asset Management teams to understand the impact of changing circumstances on pricing models, applying expertise in actuarial science.
    • Provide critical feedback to management on issues related to these products, balancing stakeholder interests when special quotes are requested.
    • Support internal and external stakeholders as a subject matter expert, leveraging technical skills in Excel and modelling.
    • Monitor business mix and actual versus assumed parameters in pricing models, identifying areas for improvement.
    • Keep abreast of market and regulatory changes, staying up-to-date on competitor products and pricing models.
    • Ensure data integrity and propose process updates where necessary, contributing to analysis and business insights.
    • Present solutions and proposals to governance forums, including the product management committee and executive boards.

    Desired Experience & Qualification

    • Associate or newly qualified Actuary with a strong background in financial services.
    • Minimum 4 years' experience in Financial Services, with a focus on guaranteed annuity types of products.
    • Understanding of pricing and valuations of Life Insurance or Annuity products, with expertise in Risk Agility and Power BI an advantage.
    • Attention to detail and technical Excel and modelling skills are essential for this role.

    Key Requirements

    • Actuarial knowledge and expertise in pricing and valuations.
    • Strong analytical and problem-solving skills, with attention to detail.
    • Excellent communication and presentation skills, with ability to present complex ideas simply.
    • Ability to work collaboratively with cross-functional teams, with a customer-focused mindset.

    Benefits Package

    Competitive remuneration package, including benefits and opportunities for professional growth and development.



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