Actuarial Product Specialist Intern Structured Investments

Company : Momentum; Cape Town; On-site; ZAR 89,000 - 167,000; Full time

Job summary

Momentum in Cape Town is seeking an Actuarial Product Specialist to join the Structured Solutions team. The role focuses on managing retail discretionary participation business and assisting in developing corporate structured and guaranteed investments.

The successful candidate will work with asset and liability oversight, model building, governance processes, and stakeholder engagement, while ensuring compliance with contractual requirements and risk controls.

Qualifications

• Actuarial topic familiarity or related education is preferred.
• Experience with discretionary participation products is advantageous.
• Ability to build and review financial models for impact analysis.

Responsibilities

• Manage retail discretionary participation business with asset and liability oversight.
• Identify improvements to book management and obtain governance approvals.
• Assist in developing corporate structured/guaranteed investments and conduct analyses.
• Review bonus rates, update smoothing formulas, and maintain models.
• Ensure compliance with statutory and contractual requirements and mitigate risks.
• Engage stakeholders and drive projects to completion within deadlines.

Skills

Discretionary participation

Financial modeling

Stakeholder engagement

Education

Actuarial Science degree preferred

Tools

SQL

VBA

Job description

Momentum in Cape Town is seeking an Actuarial Product Specialist to join the Structured Solutions team. The role focuses on managing retail discretionary participation business and assisting in developing corporate structured and guaranteed investments.

The successful candidate will work with asset and liability oversight, model building, governance processes, and stakeholder engagement, while ensuring compliance with contractual requirements and risk controls.