Actuarial Manager

CAREER OPPORTUNITY

Santam’s Actuarial Services team has an exciting new opportunity available for a general insurance professional. The position is based at Head Office in Tygervalley.
 

JOB DESCRIPTION

We are looking for talented analytical professionals, with a specific focus on the personal and commercial businesses. The successful candidate will be accountable for a wide range of predictive modelling functions which will contribute to the profitable development and financial results of the Group. Working closely with the senior management team you will you’ll contribute to the development and execution of the broader strategy.

KEY ACCOUNTABILITIES

• Develop and maintain effective pricing and risk management strategies across various platforms to balance profitability and growth
• Support current pricing, segmentation and optimisation models
• Performance monitoring of financial, underwriting and distribution indicators
• Create and maintain business reports to direct thought processes that drives action
• Continuous process improvement and strategy evaluation
• Participate in strategic projects where actuarial input is required
• Interacting with underwriting, distribution and claims departments with the objective of constantly incorporating market trends into the product solution value chain
• Supporting the development of product solutions for various market segments and channels
• Developing and maintaining of internal data assets to support predictive modelling initiatives
   

QUALIFICATIONS AND EXPERIENCE

• Qualified/near-qualified actuary or equivalent qualification e.g. Maths, Statistics
• Strong modelling skills including experience in performing statistical investigations and building pricing / predictive models
• 5 years experience in a technical role
• Excellent report writing and presentation skills
• Advanced computer literacy skills, e.g. SAS, Emblem, SQL, Java, etc. 
• Leadership skills within own team and cross- functionally
• Strong data management skills
   

COMPETENCIES

• Delivering results and meeting customer expectation
• Relating and networking
• Analyses
• Applying expertise and technology
• Achieving personal work goals and objectives
• Attention to detail
• Planning and organising skills
• Problem Solving
• Negotiating
• Business Acumen/Knowledge
• Business Analysis
• Collaborates 
• Client focus 
• Drives results 
• Flexibility and adaptability from setbacks and adversity when facing difficult situations 
• Cultivates Innovation 
   

ABOUT THE COMPANY

Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. 

Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees. 

At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.