Leading Financial Institution seeks highly driven analytical individual to join their dynamic Actuarial team. This role is in the short-term division within the insurance industry.
As such all activities will take place in the following context:
- Short term insurance product development
- Technical sign-off of policy documents, marketing and training material
- Development, Launching and Training of new and enhanced insurance products
- Reassurance validations
- Calculations of premium and claim payments
- Understanding product pricing calculations
- Develop calculation tools for the business
- Support broker network and product specialists with queries
- Actuarial support to larger business
- Data Analysis
- Understanding the rules governing Reassurance
- Address customer objections to products
- Setup of profit testing models
- Ability to provide new product training
- Understanding MS Office, PowerPoint Presentation. Preference for Access & SQL
- Understanding of actuarial principles and retail insurance products
- Technical follow up of the legislation relating to insurance, analysis of the implementation and set up of the law evolutions.
- Assessment of competitor products and pricing
Background work experience:
- 6 Years (non-neg) short term insurance industry experience relating to actuarial principles and retail insurance products
- University Degree majoring in Actuarial Science, honours year preferable
- Knowledge on actuarial principles and retail insurance products
- Background knowledge of the financial services industry
- Strong skills in MS Office , Excel, PowerPoint Presentations
- Strong Preference for Access or SQL skills
Qualify In Criteria
- Deadline driven
- Relationship person
- Positive individual
- Highly analytical
- Takes initiative – Proactive Self Starter
- Creative out-of-the box thinker
- Strong communication skills (listening, verbal and writing)
- Ability to work under pressure
- Ability to work with both people and data
- Accuracy/Attention to detail
- Ability to identify problems
- Self-motivated
- Service orientated
- Team Player
- Disciplined
- Must be willing to learn
- A definite team player with the ability to work independently when required
- Strategic thinker
Qualify Out Criteria
- Abrasive
- Emotionally cold
- Introverted – Not a people person
- Wants to be spoon fed
- Cannot communicate
- Cannot think for themselves
- Cannot operate independently
- Poor analysis skills
- Not detailed orientated
- Lethargic
- Blamer
Personality Summary
You will be a forceful go-getter. You will have a highly analytical mind. You will be facts and figures orientated while paying attention to detail. You will have excellent people skills and will be able to work in a team as well as function independently. You will have excellent communication skills and will be able to work with tight deadlines.
Benefits of this Role:
- This company is going places
Location: Midrand , Gauteng
Salary:
Basic: R30K – R50 K per month (dependent on experience and proven track record)
Type: Permanent
Start: ASAP
Reference: DT110
Jobs like this don’t come around that often, so make sure you apply now.
Call Debbie Diplock at 011 655 7391
Email: j110 @ dawningtruth.co.za
(Please email your CV before calling us.)