Junior Actuarial Manager

Are you looking for the next step in your career as an actuarial manager?

Join our client in their Sandton offices and be part of their amazing team.

The successful Junior Actuarial Manager will manage a team of Actuarial Analysts that support the Business goals as set out by senior management by effectively modeling and monitoring business Actuarial solutions. This team will care take all company short term brands, products and distribution channels.

RESPONSIBILITIES

Business Requirements Identification

Elicit complex business requirements using a variety of methods such as interviews, document analysis, workshops, and workflow analysis to express the requirements in terms of target user roles and goals.

The effective management of pricing development, deployment and monitoring over all company STI brands, products, and distribution channels. Responsible for the management of key business metrics.

Analyze business requirements and identify root causes rather than reacting to symptoms. Business requirements need to be clearly documented within the scope of use, definitions and assumptions made.

Stakeholder Engagement

Identify, manage and collaborate with internal (Actuarial) and external (Business) stakeholders. Find out their needs/issues/concerns and reacting to these by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions.

Keep stakeholders informed and up to date with project/analysis delivery and provide clear and concise feedback to stakeholders.

Maintain measurable service levels on business requests and provide feedback that speaks to the business issue observed.

Be on time and prepared for meetings with Business.

Actuarial Modeling

Translate business objectives into clearly defined business cases, costs, and schedules to support growth in the business.

Develop, maintain and implement actuarial models and processes. Models need to be fit for purpose and able to estimate the reality accurately. Models (and any form of estimation) to clearly documented with the scope of use, definitions, data, and assumptions made.

Regularly monitor Models to ensure model performance and that they are communicated back to the business.

Data Collection & Analysis

Use data from a wide range of sources to analyze key themes and identify possible impacts on the business.

Recommendations could be technical or professional in nature.

Extract and verify data used for actuarial models.

Data/information to be reconciled against credible data sources (for example financials) to ensure the data is complete and accurate. Ensure definitions and assumptions are aligned to the problem statement.

Before data is used for analysis/modelling, the incumbent should review and acquire signed-off from the Senior Manager.

Model depl