Description:
SENIOR ACTUARIAL ANALYST | SANDTONAre you ready for the next step in your career?
Join this leading insurer as a senior actuarial analyst who will provide actuarial technical support and coach/mentor junior analysts within the Actuarial team. Use actuarial models to identify, model and monitor business problems and provide effective solutions.
Model deployment and testing
Plan and deliver systems changes.
Engage with users to identify requirements and work with the team to design solutions. Effective impact and sensitivity analysis to be performed before any deployment is done. Translate results from the impact/sensitivity analysis to
Business to provide insight and what various pricing changes will mean on profitability and policy growth. Clearly state what needs to be deployed and how testing will be done to ensure the deployment is successful.
Ensure monitoring processes are in place to measure the performance of the model/pricing. Effective tracking of various products and pricing changes and cohorts.
Actuarial Modeling
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. Ensure that there are process documents in in place to ensure that the models can be understood by external stakeholders. Ensure processes are in place to reduce the risk of incorrect modelling and support new users.
Improvement / Innovation
Identify shortcomings in existing business practices, then suggest and implement improvements while developing and delivering projects or a work stream within the organization''s change management program. Stay up to date with Business developments and develop solutions proactively with Business. Maintain continuous development/research of actuarial techniques and share insights with the team. Find an effective way to improve on efficiencies across the business.
Business Requirements Identification
Contribute and deliver in line with the product development and pricing framework.
Responsible for implementing the Actuarial control cycle; ie development, deployment and monitoring thereof. Responsible for the management of key business metrics, such as value of new business, embedded value, and profit by product line. Business requirements need to be clearly documented within the scope of use, definitions and assumptions made. Develop solutions that are in align with experienced assumptions.
Stakeholder Engagement
Identify and collaborate with internal stakeholders; such as Sales and Marketing to keep them informed and up to date with project outcomes. Partner with external stakeholders to find appropriate solutions around product development.
Maintain measurable service levels on business requests and p
17 Apr 2022;
from:
gumtree.co.za