Entry Level Specialist: Product Development

Absa Group; Randburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading banking institution in South Africa is seeking a specialist to provide actuarial advice and support in product development. The successful candidate will enhance market exposure through effective compliance and risk management strategies. Responsibilities include supporting high-quality product maintenance and adhering to operational standards. Candidates must possess a Higher Diploma in Business, Commerce, or Management Studies. This is an opportunity to grow within a proudly African group committed to transformation.

Qualifications

• Higher Diplomas in Business, Commerce and Management Studies are required.
• Experience in product development and compliance is preferred.

Responsibilities

• Support the development and maintenance of high-quality products.
• Ensure adherence to control processes and quality standards.
• Provide administrative support as per standard operating procedures.

Skills

Actuarial analysis

Product development

Compliance knowledge

Risk management

Education

Higher Diplomas in Business, Commerce and Management Studies

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To provide specialist actuarial advice and support in the development of new products to improve market exposure and growth, through the execution of predefined objectives as per agreed (SOPs).

Job Description

• Product Development: Support the development and maintenance of high-quality products that are easy to use and process, and compliant with regulations and laws.
• Compliance and Risk Management: Fulfil all activities in adherence to relevant control processes and quality standards.
• Administrative and Operations Support: Provide administrative and operations support and advice against standard operating procedures.

Education

Higher Diplomas: Business, Commerce and Management Studies (Required).

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.