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Job Title
Employment Type
Full Time
6 to 30 years
R600000 to R800000
Job Published
07 September 2022
Job Reference No.

Job Description

Urgently looking for an ACTUARIAL SPECIALIST!

Role Purpose To be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a broad, technical role with opportunities to develop in a range of directions.


Responsibilities and work outputs

  • Collect data from various sources and assess the completeness and accuracy of the data
  • Perform data analysis and advise on appropriate actions to be taken
  • Perform detailed statistical investigations using specialised software
  • Assist in the implementation of various products on the chosen LOB system across all regions
  • Devise methods and strategies to implement and monitor underwriting controls across various regions • Devise and monitor the success of rate making and renewal strategies
  • Assist with the cross-population of skills and ways of work that could find purpose in wider application • Build and maintain good working relationships with management across various regions
  • Ensure adherence to escalation procedures and mandates on system
  • Design and develop products and processes that would suit the opportunities identified
  • Develop and manage a spectrum of partners that MMI could leverage off in designing the solutions to various identified opportunities

Competencies required:

  • Analytical
  • Planning & Organising
  • Problem Solving
  • Producing Innovative solutions to problems
  • Action Orientation
  • Persuasiveness
  • Effective Communication (written and verbal)
  • Flexibility
  • Resilience
  • Personal Motivation
  • Accountability
  • Good interpersonal skills
  • Financial Acumen

Additional Information

  • Enthusiastic and passionate about the job and the company
  • Energetic and a quick worker
  • Strong sense of Integrity and honesty
  • Ability to respect confidentiality
  • Deadline and results oriented
  • Organised, self-disciplined and self-motivated

Experience and Qualifications

  • Experience in short-term insurance
  • Bachelor's degree in Actuarial Sciences, Science, Finance Commerce or Business Sciences
  • Basic programming skills would be advantageous


The above-mentioned position is currently available at our office in Centurion.


Contact person

James Knoll

WhatsApp number 074 644 4500