Health jobs in South Africa

Our Client in the Financial sector is seeking aSenior Actuary: Team Leader to join they dynamic team :

MinimumRequirements:

• Degree in Actuarial Sciences, Statistical Analysis, Mathematics, or a related field.
• Qualified Actuary (FASSA/FIA/etc.).
• Knowledge of actuarial modeling, product pricing, and statistical analysis techniques.
• 3 - 5 years experience in a product owner/manager role.

• Software Development Life Cycle (SDLC).
• VBA.
• SQL.
• Passion to make a difference in the lives of people in the low to middle-income markets.
• Ability to extract insights from data analyses.
• High degree of self-motivation and ability to work independently.
• Self-managing.
• Strong written and verbal communication skills.
• Naturally inquisitive mindset with a strong innovative tendency.
• Ability to function in a multi-disciplinary team environment, including Marketing, Product & Solutions, IT, and Client Insights.

Responsibilities:

INTERNAL PROCESS

• Analyse product and client-related data from various sources to identify potential product experience irregularities, ensuring the accuracy of insights and analysis.
• Analyse competitor products and international trends to provide insights for developing and maintaining competitive end-to-end solutions.
• Review experience investigations, modeling, and data analysis to design and price solutions, and monitor experience on existing products.
• Prepare product health reports and present product profitability and insights derived from analyses to support decision-making and inform appropriate actions.
• Make recommendations and drive implementation to improve product performance, and client service, and promote fair treatment of clients.
• Develop and maintain pricing models and bases, reviewing results and ensuring that parameters used are accurate and validated.
• Identify solutions to enhance cost-effectiveness and increase operational efficiency of solutions.
• Ensure compliance with practices and timelines by developing metrics to monitor delivery against set objectives.

• Provide expertise and advice on technical/actuarial product matters to clients and stakeholders.
• Build and maintain collaborative working relationships with various internal and external stakeholders, such as solution peers, IT, sales/distribution, legal, servicing, and valuations.
• Contribute to the process of negotiating objective and realistic performance targets, monitor appropriateness, and recommend adjustments.
• Deliver on service level agreements made with stakeholders to ensure that client expectations are managed.
• Make recommendations to improve client service and fair treatment of clients within the area of responsibility.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

• Participate and contribute to a culture that builds collaborative relationships, encourages innovation, facilitates feedback, and provides exceptional client service.
• Demonstrate exemplary leadership behavior through personal involvement, commitment, and dedication in support of organizational values.
• Select and recruit suitably qualified talent in line with Employment Equity principles and MMI values.
• Drive a culture that guides and directs best practices, fostering an environment of continuous learning, improvement, and cohesiveness.
• Identify employee growth and development needs and enable their ongoing development, training, and personal growth.
• Effectively manage performance within the team to ensure business objectives are achieved.
• Ensure technical product and legislative knowledge are always current to propose the most relevant and innovative client solutions and comply with governance requirements.
• Take ownership of driving career development.
• Effectively manage time and ensure optimal productivity.
• Be self-confident, self-motivated, and relentlessly pursue targets and goals.