Actuarial Manager

at  Discovery Ltd

EDUCATION AND EXPERIENCE

• Matric with Higher Grade Mathematics
• Bachelor of Science degree in Actuarial Science, Statistics or Data Science, with an Honours degree being advantageous
• Academically qualified (all formal actuarial examinations completed)
• 2 - 5 years’ work related experience
• Data Science skills are an advantage
• Advanced proficiency in MS Word, MS Excel, MS PowerPoint and MS Outlook and SQL
• Advanced experience in Actuarial Modelling, Problem Solving, Data Analysis
• Strong communication skills

KEY PURPOSE

The candidate will form part of the Vitality SA actuarial team responsible for analytical analysis and modelling of the Vitality programme in order to answer key business questions, inform the business strategy, ensure the business remains financially stable and exposure to key risks are understood. A key focus of this role will be to apply actuarial and behavioural science principles to understand and analyse member journeys from initial lead generation through to ongoing engagement. This will include strategic involvement aimed at optimising each step in the journey.

The successful applicant will be responsible for but not limited to the following broad job functions:

• Develop actuarial or statistical models to aid in strategic business decision-making
• Short- and long-term behavioural and financial projections (including pricing and testing of new initiatives)
• Extracting and analysing large datasets to yield rich insights and communicating the results to a wide variety of stakeholders including the Vitality SA Executive Committee
• Identify and understand key business and data trends, assess the impact and identify possible courses of action to mitigate / capitalize on these opportunities
• Conduct ad-hoc investigations and analyses including quantifying the financial and business impact of strategic projects, oftentimes working with executive decision-makers to craft and execute key strategic projects
• Compilation of reports and presentations for the Vitality Exco, Vitality Board, Actuarial Committee, Discovery Board and Group Exco
• Develop and leverage key working relationships with various stakeholders across the business in order to support the aims of the organization
• Mentor, support and train junior analyst