Job Description

Role purpose:

Actuarial: To provide actuarial support to the Head of Actuarial on all matters relating to financial reporting, valuation, product pricing and modelling, and capital management;
Data Analytics: to ensure that all decision making is data driven by doing the analysis of the performance of products, campaigns and initiatives; assisting the actuarial and product managers in developing future products that future proof the business

Your responsibilities will include:

Financial Reporting & Capital Management
Monthly and annual liability valuations are required across the life and non-life portfolios, including typical IBNR and DCF techniques for the valuation of actuarial liabilities under IFRS 17. Monthly and annual regulatory reporting and board reporting. The candidate will also be responsible for the development and maintenance of all valuation models in the valuation software.
Product Development
The candidate will assist with pricing and product development of all life and non-life products in a competitive, profitable and sustainable manner, working closely with Vodacom's chosen partners. Regular competitor analysis is required to ensure products remain competitive.
Data Analytics and Experience Investigations
Detailed analytics at customer, channel and product level is required to drive performance, product development, to prioritize strategic roadmap (developments), and to serve as an input in valuation assumption setting.
Capital Management
Regular capital calculations are required across both licences to understand solvency measures at any point in time. The candidate will assist with the compilation of various statutory returns.

The ideal candidate for this role will have:

Technical / Professional Qualifications:

Mathematical, Statistical or Actuarial degree
Experience in Actuarial reporting or pricing would be beneficial
Basic knowledge of personal lines insurance products would be beneficial
Sound numerical, analytical and problem solving skills
Effective interpersonal and communication skills
Highly energetic, innovative and pro-active individual, with the ability to work independently and as a member of a team.

Core competencies, knowledge, and experience:

Minimum of 3 years' experience in actuarial.
Experience in an actuarial valuation's role beneficial
Excellent problem-solving skills.
Good business acumen and understanding of the role of the capability in contributing to business value
Customer-centric focus, with an entrepreneurial and ROL mindset
Ability to function with a high degree of autonomy
Strong Microsoft Excel skills
Strong time-management skills, with the ability to juggle multiple balls, and comfortable working under pressure.
Market research, design thinking.
Excellent relationship building and influencing skills, with the ability to contribute towards an inclusive team culture

Closing date for Applications: 28 August 2023

The base location for this role is, Vodacom Campus, Midrand.

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.

Commitment from Vodacom

Vodacom is committed to attracting, developing and retaining the very best people by offering a flexible, motivating and inclusive workplace in which talent is truly recognized, developed and rewarded. We believe that diversity plays an important role in the success of our business and we are committed to creating an inclusive work environment which respects, values, celebrates and makes the most of peoplexe2x80x99s individual differences - we are not only multinational but multicultural too. At Vodacom you will have access to our excellent flexible benefits programme that you would expect from any global company.

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