Old Mutual Jobs in Mthatha – Intermediate Actuarial Specialist

Job Description:

The role is in the Product Development and Pricing team. This team focuses on the new Savings and Income (S&I) product range due to be launched. This new range provides a complete range of Savings wrappers and Annuity options to customers throughout the Old Mutual Retail Market.

Job Responsibilities:

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

Job Requirements:

• At least 2 years work experience in a product development environment.
• Knowledge of Old Mutual’s Retail Savings and Income products for the Personal Finance segment,
• IT platforms and processes advantageous.
• Able to complete tasks within agreed timelines with limited guidance.
• Strong technical skills and attention to detail.
• Experience and knowledge of actuarial models used to support the above-mentioned products.
• Good communication skills (both written and verbal).
• Motivated self-starter who shows initiative, is proactive and looks for ways to improve existing processes.
• High levels of drive, energy and innovation.
• Good interpersonal skills and ability to work in a team and across teams.
• Willing to learn and grow.
• Ability to plan and prioritize.
• Actuarial student with minimum of 9 actuarial credits.

Job Details:

Company: Old Mutual

Vacancy Type: Full Time

Job Location: Cape Town

Application Deadline: N/A

Apply Here