Providing technical support to the Life Business in South Africa and neighboring territories.
Provides technical support to Rest of Africa portfolio.
Derives tender rates for each new individual life business proposition.
Responsible for individual facultative quotes and renewals from technical and risk management.
Disseminates research to Business Development (Life).
Builds technical profile in the industry (e.g. delivery of technical content to seminars, conferences etc.).
Responsible for building technical depth in the unit – ensure staff become functional experts.
Ensure optimal process efficiency e.g. quotation turn-around, managing client queries.
Supports overall Life Business strategy & risk management function.
Reinsurance solutions include: Individual life products
Preferably a newly qualified actuary and otherwise a senior actuarial student (less than 2 subjects outstanding)
Experience and Skills
3+ years’ relevant experience in Life insurance or reinsurance
Pricing experience with sound technical understanding of life insurance dynamics
Sound knowledge of mortality and morbidity rate setting and experience
Strong analytical skills, statistical skills and attention to details
Ability to multi-task wide range of deliverables
Excellent verbal, communication, presentation and negotiations skills
Excellent skills in actuarial modelling packages / VBA/Excel
Ability to work under pressure