Senior Specialist: Middle Market Life Solutions

Boardroom Appointments; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment agency in Johannesburg is seeking a Senior Specialist for Middle Market Life Solutions. The ideal candidate will be a newly or nearly qualified actuary with over 5 years of experience in similar environments. Responsibilities include leading product projects, analyzing profitability, and collaborating with teams to ensure efficient implementation. This is a key role that requires strong actuarial expertise and risk management skills.

Qualifications

• Minimum of 5 years experience in actuarial or related roles.
• Proficient in analyzing market trends and customer needs.
• Experience in risk management and pricing strategies.

Responsibilities

• Lead projects focused on product solutions with structured plans.
• Analyze profitability and develop pricing strategies.
• Collaborate with technology teams for solution implementation.
• Mentor and guide junior team members.

Skills

Actuarial expertise

Strategic planning

Risk assessment

Collaboration

Education

Newly or nearly qualified actuary

Job description

Senior Specialist : Middle Market Life Solutions

Qualifications

• Newly or nearly qualified actuary

Experience

More than 5 years in similar environments (actuarial life experience in product or suitable commercial roles)

Responsibilities

Lead strategic simple solutions projects with structured execution plans, managing personal and team outputs.

Act as a senior team member in developing or enhancing simple life solutions.

Analyze profitability and commercial contribution to the Simple Life Solutions Commercial unit.

Use stakeholder inputs to assess:

• Market trends
• Customer needs
• Channel needs
• Regulatory requirements
• Competitor insights
• Gaps / issues in current solutions
• New product opportunities

Develop and maintain technical product artefacts, including:

• Product specifications
• Policy document specs
• Customer communication content
• Technical marketing content

Collaborate with technology teams to ensure correct and efficient implementation of solutions.

Use management information and data to monitor solution performance and support recommendations.

Support commercial and first-line risk management.

Assess pricing strategy and risk levers, including:

• Mortality
• Morbidity
• Lapse
• Operational risk
• Market risk
• Other broader risks

Incorporate risk mitigation through:

• Product design
• Pricing (with pricing SMEs)
• Underwriting and claims rules

Reinsurance design

Collaboration with functional areas and stakeholders (aligned with IAM and SARLSA operating model)

Ensure:

• Commercial optimization
• Intuitive customer journeys
• Strategic alignment
• Adequate risk controls

Ensure compliance with:

• Internal policies and standards
• Relevant governance for approvals, specs, and solution artefacts

Prepare and present reports or support reporting to governance / management forums.

Mentor and guide junior team members.

Participate in cross-functional teams for strategic solution development.