Actuary Research & Development Conservation Strategy

Johannesburg, Gauteng, South Africa

Job Description


Malander is seeking an experienced Actuary to support the Conservation (Retentions) Strategy team. The successful candidate will be responsible for conducting and utilising various analyses to inform, develop, and implement strategies aimed at both proactive and reactive client retention for the company. This includes continuously monitoring the effectiveness of implemented strategies and incorporating feedback into ongoing development.Key Responsibilities:

  • Extract and analyse data to identify key trends in distribution, product adoption, lapses, and other areas.
  • Brainstorm and research new and emerging fields to contribute to innovative solutions.
  • Utilise technical product knowledge, including competitor insights, to identify business opportunities.
  • Motivate and support Conservation (Retentions) initiatives within various prioritisation forums, ensuring timely and effective implementation.
  • Collaborate with Operations, Systems, Marketing, and Distribution stakeholders to refine strategies and develop implementation plans.
  • Establish and monitor metrics to evaluate the effectiveness of strategies, updating current strategies and driving the development of new ones.
Requirements and Qualifications:
Education and ExperienceEssential:
  • Matric with Mathematics
  • Relevant Bachelors or Honours degree in Actuarial Science from an accredited institution
  • Fellow of the Actuarial Society of South Africa (FASSA) or any other recognised actuarial professional body
  • At least 3 years of experience as an Actuarial Analyst within the insurance industry
Advantageous:Experience as a qualified Actuary in the Life Insurance industryxe2x80x8bxe2x80x8bxe2x80x8bTechnical Skills and Knowledge
Essential:
  • Proficiency in MS Word, Excel, PowerPoint, and Outlook
  • Effective communication skills
  • Strong data analysis and problem-solving skills
Advantageous:
  • Knowledge of the Life Insurance market
  • Experience in coding, monitoring, and reporting

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Job Detail

  • Job Id
    JD1432405
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned