Actuarial Manager

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.

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 contribute to the development and execution of the broader strategy.

KEY ACCOUNTABILITIES:

1. Develop and maintain effective pricing and risk management strategies across various platforms to balance profitability and growth
2. Support current pricing, segmentation and optimisation models
3. Performance monitoring of financial, underwriting and distribution indicators
4. Create and maintain business reports to direct thought processes that drive action
5. Continuous process improvement and strategy evaluation
6. Participate in strategic projects where actuarial input is required
7. Interact with underwriting, distribution, and claims departments to incorporate market trends into the product solution value chain
8. Support the development of product solutions for various market segments and channels
9. Develop and maintain internal data assets to support predictive modelling initiatives

1. Qualified/near-qualified actuary or equivalent qualification e.g. Maths, Statistics
2. Strong modelling skills including experience in performing statistical investigations and building pricing/predictive models
3. 5 - 8 years experience in a technical role
4. Excellent report writing and presentation skills
5. Advanced computer literacy skills, e.g. SAS, Emblem, SQL, Java, etc.
6. Leadership skills within own team and cross-functionally
7. Strong data management skills

1. Delivering results and meeting customer expectations
2. Relating and networking
3. Analysing
4. Applying expertise and technology
5. Achieving personal work goals and objectives
6. Attention to detail
7. Planning and organising skills
8. Problem Solving
9. Negotiating
10. Business Acumen/Knowledge
11. Business Analysis
12. Collaborating
13. Client focus
14. Driving results
15. Flexibility and adaptability from setbacks and adversity when facing difficult situations
16. Cultivating Innovation