Actuarial Manager


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https://www.swanitrecruitment.co.za/latest-jobs/264-actuarial-manager/data/johannesburg/job2024-10-03 13:46:161970-01-01 Swan IT Recruitment South Africa
Job Type Permanent
Area Johannesburg, South Africa Johannesburg South Africa
Sector IT - Data
Salary R900 000 – R1 100 000 Per Annum
Start Date Approximately 1 month
Job Ref VR/25911
Description

Swan iT is searching for an Actuarial Manager for a permanent position in Johannesburg. The individual will work closely with peer pricing managers to manage the underwriting performance of various lines of business across specialist, commercial and personal market segments.


Responsibilities:



  • Manage stakeholder expectations and foster collaborative relations.

  • Constantly strive towards improving pricing insight relevance in the greater business.

  • Provide professional actuarial support and advice to the business.

  • Analyse and interpret pricing monitoring results and communicate conclusions to product and underwriting teams.

  • Support and participate in portfolio management and performance assessment against KPIs.

  • Collaborate and coordinate efforts with the managers of product & underwriting, reinsurance, capital, reserving, finance, claims, policy administration, management information, various IT functions.

  • Plan, prioritise and manage your team’s work within SLA and capacity.

  • Manage pricing basis review projects within agreed milestone delivery dates.

  • Ensure new and existing data sources are developed and maintained.

  • Create, maintain and constantly improve price monitoring reports.

  • Maintain modelling minimum standards and drive your team and processes towards best practice.

  • Recruit new staff and ensure their systematic training and development.

  • Manage performance and take corrective action when required.

  • Provide appropriate leadership to staff and reinforce company culture.


Requirements:



  • 3 Year Actuarial Science Degree

  • Significant progress with actuarial exams

  • At least 4 years GI insurance pricing experience

  • Experience in other actuarial functions, e.g. Capital and Reserving an advantage

  • Experience of providing actuarial advice to senior management.

  • Experience at prioritizing, resourcing and planning.

  • Ability to manage diverse work portfolio and team.


Apply today for this position!

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