Job Description

Actuarial Analyst

Minimum Requirements:

• Matric (Grade 12)
• Honours degree in Actuarial Science and/or Mathematical Statistics
• CT subjects completed
• TASSA qualification
• Nearly/newly qualified Actuary

Responsibilities:

• Execute international carrier strategy by innovating and leading delivery of benefits and features that meet the partner Insurers business objectives.
• Lead multiple concurrent large-sized projects from the phase of conceptualization through to implementation, operationalization, and post-implementation management.
• Act as a consultant in guiding and improving a partner Insurers new and
  existing product suite, features, growth, and engagement strategies.
• Maintain awareness of trends and innovations in telematics, behaviour change programs, customer experience, technology, gamification and short-term insurance.
• Collaborate with numerous stakeholders both internal (e.g. marketing, systems, graphics, data analysts, compliance, legal and usability specialists) and external to develop projects that are engaging and provide a memorable customer experience.
• Manage work priorities and ensure that work within each stream is completed on schedule, within budget and with a maximum ROI to the Insurer.
• Ensure that the system's solution is efficient, and that unnecessary build complexity doesnt compromise short-term and long-term sustainability goals of the project.
• Contribute to formal and informal research to aid in the design and improvement of products and features.
• Build business case models to validate Shared Value Insurance and actuarial surplus unlocked through the Vitality Drive Program.
• Create presentation decks and specification documents for programs during the conceptualization phase.
• Develop unique data and program insights as input into experience review presentations presented to carriers periodically.
• Develop standardised reporting to track key metrics on large-scale initiatives for new and existing carriers.
• Present to various internal and external stakeholders to get buy-in and approval.
• Participate in feasibility, solutioning, and relevant forums to co-create project solutions.
• Approve system user specifications.
• Approve marketing content and user experience / member journeys to ensure they are in line with the project's strategic goals.
• Liaise with business leads (e.g. marketing, systems, project office, finance) to ensure their requirements are meet through a projects
  strategic and functional objectives.
• Proactively monitor and manage a set of specified projects, innovating where necessary to ensure that they continue to engage program users and fulfill Insurers goals.
• Provide analytical perspective on program performance (in respect of benefit utilization, driver score experience, behavioural outcomes, digital engagement) relative to market-related assumptions to inform adequacy of product design and recommendations for review.
• Perform longitudinal, cross-sectional and segmentation analysis to support international partners in their strategies for campaigns, logistics, performance review.
• Develop actuarial/statistical models; and detailed business cases to aid in decision-making.
• Exercise financial prudence and keen business acumen in the pricing and review of products to ensure long-term sustainability of commercial arrangements and partner economics.
• Demonstrate value to Insurers with reference and in support of the
• Shared Value Insurance framework.
• Manage and maintain strategic relationships with international partners
  and stakeholders across the Group.