Junior Actuarial Analyst

at  1 Life Insurance

BUSINESS REQUIREMENTS IDENTIFICATION

Support collection of business requirements using a variety of methods. Contribute and deliver in line with the product development and pricing framework. Support implementation of the Actuarial control cycle; ie development, deployment and monitoring thereof. Assist with the management of key business metrics, such as value of new business, embedded value, and profit by product line. Business requirements need to be clearly documented within the scope of use, definitions and assumptions made. Develop solutions that are aligned with experience assumptions.

GENERAL EDUCATION

• Grade 12/ SAQA Accredited Equivalent (Essential)
• Bachelor’s degree in actuarial science or similar (Essential)
• Making good progress toward Actuarial qualification (Advantageous)

GENERAL EXPERIENCE

• 1 or more years Actuarial work experience in financial services (Advantageous)
• Prophet experience (Advantageous)
  SAQA Accredited Equivalent - It is the onus of the applicant to provide TIH and its subsidiaries with certified evidence that their qualification(s) meet the equivalent NQF level required for this role at time of application.
  Financial Sector Conduct Authority (FSCA)** competency requirements: FAIS recognized qualifications / Regulatory Examinations / Class of Business Certification and / or CPD according to your DOFA (where applicable) - As a registered Financial Service Provider, we are mandated to ensure that all our representatives are always and remain fit and proper at all times. By applying for this role, you consent to having your relevant qualification and or accreditation or confirm that you are working towards meeting the competency requirements. You further consent to the relevant information being verified

JOB PURPOSE

Provide support to senior analysts and managers within the 1Life Actuarial team. Use actuarial models to identify, model and monitor business problems and provide effective solutions.