Job DescriptionOld Mutual is a firm believer in the African opportunity and our diverse talent reflects this.Job DescriptionnaExamines and summarizes statistical data by applying mathematical and statistical knowledge to unpaid claim liability, trend analysis, rate formula, forecasting, and premium analysis. Participates in the preparation of annual statements, calculation of tax related issues, and drafting of business coverage forms. OML roles mapped to this profile are: Senior Specialist Actuarial, Fund Actuary, Actuarial Expert and Senior Specialist: Reinsurance Analytics.ResponsibilitiesActuarial Analysis, Assumptions and InsightsCreate and present high-quality actuarial analyses, assumptions, insights, and reports to support business decision-making and/or business performance evaluation. Perform complex statistical analysis to enable data analysis.Actuarial Financial ReportingProduce complex actuarial financial information, ensuring the accurate completion of a key strand of the process to contribute to the production of statutory and non-statutory reports and other disclosures.Actuarial Model Creation and MaintenanceDevelop and maintain complex actuarial models, ensuring that the underlying structure of the actuarial assumptions are fully validated and that the models can be integrated into wider business models to enable actuarial analysis, financial reporting, and regulatory compliance.Actuarial Product Development & ManagementDevelop proposals for new products and for the improvement and management of existing products that create competitive advantage, that are viable in relation to the organization's risk appetite and financial objectives, and that meet regulatory requirements.Organizational Risk ManagementDevelop and/or deliver a contingency plan for significant aspects of the risk and financial management and/or control process.Actuarial Calculation of Funding RequirementEvaluate funding contributions, like employee benefit schemes, and develop recommendations for future funding contribution levels.ComplianceMonitor and review performance and behaviors within area of responsibility to identify and resolve non-compliance with the organization's policies and relevant regulatory codes and codes of conduct.Improvement/InnovationIdentify shortcomings and suggest improvements to existing processes, systems and procedures, then delivers a plan for a small element of a change management program.SkillsAnalytical Thinking, Computer Literacy, Data Compilation, Data Controls, Executing Plans, Information Management, Insurance Product Management, Insurance Sales, Legal Practices, Market Analysis, Numerical Aptitude, Risk ManagementCompetenciesBalances StakeholdersBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyCultivates InnovationDecision QualityDrives ResultsEducationBachelors Degree (B)Closing Date: 24 March 2025 , 23:59HOW TO APPLY
