Old Mutual Vacancies Bloemfontein – Senior Actuarial Supervisor

Website Old Mutual

Job Description:

This position will afford the incumbent the opportunity to observe, interact and gain experience in the end to end insurance value chain. Which includes engaging with a variety of stakeholders across the Old Mutual Group (such as Marketing, Distribution, IT, Finance and Servicing).

Job Responsibilities:

  • Automating of processes and reports using programming/coding techniques.
  • Investigations related to product rules, business optimisation and feasibility studies, including product strategy.
  • Ensuring client correspondence and marketing material are consistent with product rules.
  • Assessing and recommending decisive action relating to customer value for money.
  • Supporting the proposition management function with technical actuarial work.
  • Owning and maintaining actuarial models including pricing, remuneration, EAC and Solution Recommendation models
  • Product development and implementation, including system testing.
  • Documentation, including remuneration and fee specifications as well as pricing approvals.

Job Requirements:

  • High levels of drive and energy to make a difference.
  • Ability to plan and prioritise.
  • Good communication skills (both written and verbal).
  • Microsoft Office (Word, Excel, PowerPoint, Access).
  • Willing to learn by executing and growing with processes.
  • Motivated self-starter who shows initiative, is proactive and looks for ways to improve existing processes and pays attention to detail.
  • Able to complete tasks within agreed timelines with limited guidance.

Qualification & Experience:

  • IFSR17 exposure would also be an advantage.
  • Qualified or nearly qualified actuary.
  • At least 4 years actuarial experience.
  • Experience and knowledge of actuarial models used to support the above-mentioned products.
  • Knowledge of South African savings and income products corresponding regulation.

Job Details:

Company: Old Mutual

Vacancy Type:  Full Time

Job Location: Pinelands, Western Cape, SA

Application Deadline: N/A

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