Friday , March 24 2023

Old Mutual Jobs in Mthatha – Intermediate Actuarial Specialist

Website Old Mutual

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