Actuarial Product Specialist

*Actuarial Product Specialist* *Cape Town*   Perform actuarial product development tasks as well as product and risk management of all retail risk and savings products for a number of African subsidiaries.   Will be part of the team responsible for: * Product design, * Setting the risk management framework. * Product pricing. * Maintaining existing products. * Ensuring that product remain competitive, relevant and meets profitability targets. * Contributing to the delivery of innovative, value-for-money products to the market through the development, pricing and design of new products. * Ensuring ongoing competitiveness and attractiveness of the individual life risk product range both from a product and pricing perspective. * Delivering efficient and consistent service and support to all internal and external clients, hence ensuring a quality interaction and relationship with all stakeholders. * Collaboration with all the other relevant stakeholders (internal and external) such as valuations, claims, underwriting, reinsurance partners etc. * Understanding and using actuarial models both in terms of the regulatory and commercial environment. * Contributing towards projects, initiatives, queries and team initiatives. * Investigating, proposing and obtaining approval for the proposed product range changes. * Driving and controlling successful implementation of product suite initiatives through to delivery including. * Provide useful product and market insights to the segment businesses. * Benefit design, basis setting and pricing. * Close liaison and input into underwriting, enrolment and claims departments. * Setting up of all administration, systems, legal and other required processes to deliver the product to market. * Developing a close working relationship with the key distribution channels to ensure buy in to all products initiatives. * Providing technical input and oversight of the product specific aspects contained in Client Facing Documents e.g., the User Guide and Contract. * Ongoing monitoring and maintenance on each of the products in the range including: * Monitoring sales volumes and experience in order to propose corrective actions and identify opportunities. * Special quotes and queries. * Building relationships and interacting with other disciplines in the organisation to ensure proactive management actions are taken. Underwriting (including claims), Valuation and Investment management * Nearly qualified actuary or good progress with the actuarial exams. * Two to Three year's work experience, preferably in product development. * Experience in the following will be advantages: * * * Moses * Prophet * SQL * VBA m8.3m Negotiable * Nearly qualified actuary or good progress with the actuarial exams. * Two to Three year's work experience, preferably in product development. * Experience in the follow