Technical jobs in South Africa

Santam’s Actuarial Services team has an exciting opportunity available for Actuarial Manager with general insurance experience. The position is based at Head Office in Tygervalley.

JOB DESCRIPTION:

We are looking for talented actuarial or analytics professionals, with a specific focus on supporting our personal lines business. The successful candidate will be accountable for a wide range of pricing and other predictive modelling functions which will contribute to the profitable development and financial results of the Group. Working closely with the senior management team you will also contribute to the development and execution of the broader strategy.

KEY ACCOUNTABILITIES:

• Develop and maintain effective pricing and risk management strategies across various platforms to balance profitability and growth
• Support current pricing, client segmentation and optimisation models
• Performance monitoring of financial, underwriting and distribution indicators
• Create and maintain business reports to direct thought processes that drives action
• Continuous process improvement and strategy evaluation
• Depending on applicant’s skills and experience, there may be opportunity to manage junior analysts
• Participate in strategic projects where actuarial input is required
• Interacting with underwriting, distribution and claims departments throughout the group with the objective of constantly incorporating market trends into the product solution value chain
• Supporting the development of product solutions for various market segments and channels
• Providing direction around developing and maintaining of internal data assets to support predictive modelling initiatives

• Qualified/near-qualified actuary or equivalent qualification e.g. Maths, Statistics, Data science
• 4 to 5 years’ experience in a technical role, preferably in general insurance
• Strong modelling skills including experience in building pricing / predictive models as well as performing experience analyses and other statistical investigations
• Ability to communicate complex ideas across a range of technical and non-technical stakeholders
• Excellent report writing and presentation skills
• Experience with data and modelling software, e.g. SAS, WTW Emblem / Radar, SQL, Python or similar
• Leadership skills within own team and cross- functionally
• Strong data management skills

• Delivering results and meeting customer expectation
• Relating and networking
• Analyses
• Applying expertise and technology
• Achieving personal work goals and objectives
• Attention to detail
• Planning and organising skills
• Problem Solving
• Negotiating
• Business Acumen/Knowledge
• Business Analysis
• Collaborates
• Client focus
• Drives results
• Flexibility and adaptability from setbacks and adversity when facing difficult situations
• Cultivates innovation