Actuarial jobs in United States

Metropolitan is one of the oldest financial services brands in South Africa. With a 125-year legacy of serving the communities in which it operates, Metropolitan represents true empowerment in serving Africa's people through affordable financial solutions that create financial growth and security. Metropolitan operates in South Africa, but the brand is also present in 7 African countries including, Namibia, Botswana, Kenya, Ghana and Lesotho. Metropolitan provides financial wellness solutions that meet the needs of low-income clients, including funeral insurance, health, savings, hospital cash-back cover, retirement solutions and life insurance. www.metropolitan.co.za

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

Utilise Actuarial skills to assist the business to develop and maintain investment & saving solutions that meet the needs of Metropolitan clients.

Requirements

• Degree in Actuarial Science
• Honours Degree in Actuarial Science (preferred)
• Completed all Foundation and Intermediate Technical exams - ASSA A100 and A200 series exams (previously known as CT’S)
• Minimum 2 years actuarial experience
• Exposure to Financial Services industry
• Experience with Actuarial software (preferred)
• Long-term insurance product pricing and modelling experience (preferred)
  
  

• Develop and maintain investment & saving solutions (endowments, tax-free, money-market, retirement annuities, life annuities etc.) for individual clients.
• Conduct business viability studies and solution designs.
• Analyse and research opportunities in the market in order to develop new products or streamline existing product offerings.
• Collaborate and build relationships.
• Conduct behavioral and predictive modelling in support of client engagement and retention strategies.
• Perform financial modelling and assess the financial impact of solutions.
• Maintain financial model, including projection of income and expenses, of business across all segments.
• Set key assumptions and measure the appropriateness of these assumptions over time.
• Ensure the viability of solutions by pricing new solutions and reviewing rates of existing solutions.
• Interact and collaborate with technical and business stakeholders to identify data sources.
• Gather data and information from various sources, analyse results and interpret patterns and trends.
• Once data has been gathered and interpreted, report back what has been found in an easily accessible and accurate manner, which supports consistent and informed operational, tactical and strategic business decisions.
• Be pro-active in identifying opportunities as well as making analytical observations on any aspect that would be beneficial to business.
  
  

• Passion to make a difference in the lives of people in the low to middle income markets.
• Extracting insights from data analysis.
• Can work accurately and with attention to detail.
• Be versatile and open to learning opportunities.
• Be willing to share learnings and experience with peers.
• Strong written and verbal communication skills.
• Naturally inquisitive mind-set, with a strong innovative tendency.
• Team player and ability to work with a diverse group of people.
• Business acumen
• Can take accountability and see projects through