The Focus Group Sandton, South Africa 23 June 2025 Senior 0 - 0 Full Time Market Related 1 years - 10 years Skills Actuarial Analysis Analyzing Data Business Process Development Business Systems Analysis Data Science Systems Integration Industries Financial Services Investments
Key Purpose
The main purpose of this role is to use data analytics skills to enhance retention and distribution strategies, improving business processes, identify product opportunities, assist overviewing product implementation specs and vetting scenarios to ensure products are implemented as designed and that administrative system values are actuarially sound.
Responsibilities and Objectives of this role
The successful applicant will be responsible for but not limited to the following broad job functions:
Using data analytics skills to optimise business processes, new business volumes and enhance retention and distribution strategies
Be involved in developing new innovative product ideas and analysing experience to aid the pricing team
Building MI data visualisation dashboards to help senior management making decisions affecting retention and distribution strategies
Planning for new products, serving as the link between systems and actuarial & ensuring products are built as required
Review new product specifications and implementation actuarial vetting scenarios
Analyzing servicing scenarios and identifying possible system constraints on product design
Ongoing involvement in addressing individual policy queries and issues
Assisting with ad-hoc investigations and analyses including quantifying the financial impact of possible misalignment of actuarial specification and system implementation
ing actuarial knowledge to solve non-standard problems
Required Competencies
Self-starter able to show initiative and drive projects to completion with guidance.
ing Expertise and Technology
Analysing
Creating and Innovating
Working with People
Education and Experience
Essential
Qualified Fellow Actuary
MS Excel - Proficient
Database experience (SQL)
Must have experience with statistical software (R and/or Python)
Programming experience and understanding. (e.g. VBA)
Advantageous
Industry experiences applying ML/ regression models in analytics
Previous systems work or software testing/ coding experience.
Invest and/or Life insurance 3 - 10 years' industry experience
MNCJobs.co.za will not be responsible for any payment made to a third-party. All Terms of Use are applicable.