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Senior Actuarial Assistant – DT110

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


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 @

(Please email your CV before calling us.)