Job Description

Closing Date 2023/08/14
Reference Number MMH230719-3
Job Title Actuarial Analyst
Position Type Permanent
Role Family Actuarial
Cluster Momentum Life
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Western Cape
Location - Town / City Bellville
Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards program), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables businesses and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organizations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilizing new platforms Momentum Metropolitan provides practical financial solutions for people, communities, and businesses. Visit us at .
Role Purpose

An opportunity exists for an actuarial analyst within the Mmerge team that focuses on the testing of actuarial values. The individual will be involved in establishing actuarial values testing capability, building and maintaining appropriate testing tools, and conducting ongoing and ad hoc regression testing on Momentum, Metropolitan Life, and Africa retail products.
Requirements

• A graduate degree in Actuarial Science or related degree

• Honours degree preferred, but not required

• Good progress with the Actuarial exams (at least 6 exemptions, excluding N111)

• Advanced Excel capabilities will be advantageous

• Work experience preferred, but not required

Duties & Responsibilities

• Building of appropriate testing tools for migration (Metropolitan Life and Africa segments):

• For the purposes of the Metropolitan Life system migration, to perform accurate build-up of values up to the point of migration, taking cognisance of any existing errors or system shortcomings; as well as testing functionality for existing business on the new system

• For the Africa segments, ensuring new business functionality operates appropriately on the new system

• Building and/or utilizing existing testing tools for ongoing regression and user acceptance testing (Metropolitan Life, Momentum and Africa segments)

• Drafting and maintaining thorough documentation of testing processes

• Supporting cross-functional teams within the department

• Managing own performance and development.

Competencies

• Accuracy and attention to detail

• Problem-solving and analytics

• Teamwork

• Achievement orientation

• Effective time management to ensure optimal productivity

• A high degree of self-motivation and ability to work independently of supervision

• Good verbal and written communication skills

• Delivering results and meeting expectations

• Coping with pressure and setbacks

• Adhering to principles and values.

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Metropolitan