Actuarial Product Lead – Guaranteed Annuities

The Recruitment Council; Centurion; On-site; ZAR 500,000 - 800,000; Full time

Job summary

A leading recruitment agency in South Africa is seeking a Service Specialist to drive product innovation and management within the investments and insurance sector. This high-impact role requires an actuarial professional with at least 3 years of experience in the life insurance or investments industry, particularly with guaranteed annuities or structured products. You will lead product development, oversee pricing models, and mentor junior specialists while maintaining compliance and market competitiveness.

Qualifications

• Must be an academically qualified associate or fellow actuary.
• A minimum of 3 years’ experience within the life insurance or investments industry.
• Experience with guaranteed annuities and/or structured products is advantageous.

Responsibilities

• Lead the development and maintenance of guaranteed annuities and structured products.
• Drive innovation in product design to maintain market leadership.
• Oversee and enhance pricing models for financial soundness.
• Present strategic proposals to governance forums.
• Monitor market trends for competitiveness.
• Mentor junior product specialists and analysts.
• Collaborate with various teams for product enhancements.

Skills

Technical & Analytical skills

Strategic Thinking

Management skills

Personal Attributes

Knowledge Maintenance

Education

Actuarial Status

Job description

A leading recruitment agency in South Africa is seeking a Service Specialist to drive product innovation and management within the investments and insurance sector. This high-impact role requires an actuarial professional with at least 3 years of experience in the life insurance or investments industry, particularly with guaranteed annuities or structured products. You will lead product development, oversee pricing models, and mentor junior specialists while maintaining compliance and market competitiveness.