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Actuarial Services (Product Development & Actuari - Central Johannesburg

Duties & Responsibilities: Maintain optimal system accuracy and performance from a values and functionality perspective Provide specifications to IT team on programs used to administer businessImplement and test automation of system programs for correctness and conduct audits on the administration systemAssist with automation and integration of other Company Group divisions on the administration systemReport to managementProvide accurate and easily accessible information for optimal client servicing (TCF) Contribute to product development Contribute to in-house pricingResearch new market developments.Compare pricing & design of products with competitorsTest quotation packages for new products (and product reviews)Assist in the development of application forms, sales aids, premium calculators, marketing material, and other product material used by Sales (in compliance with legislation and ASISA Codes. Maintenance of reinsurance treaties Provide data and information to reinsurers for special projectsCompile and submit reinsurance data and premiums to reinsurers monthlyValidate profit-share calculation from reinsurersMaintain relationships with current and potential future reinsurers Monitoring of actuarial valuation data Monitor the correctness of actuarial valuation dataAssist IT in the preparation of systems that generate actuarial valuation dataAssist with implementation of Valuation Report recommendation Provide professional input & support to the Group (amendments & general advice) Answer technical client queries escalated to Actuarial SupportAttend to ombudsman technical queriesValidate and audit amendments to policies where actuarial support is requiredAssist with values and product-related queries from other Company departments (letters to be written, values queries, and tax directive management) Updating of financial transactions Implementation of investment portfolio returns on the administration systemPerform calculations of the assets held against unit accounts for rebalancing Monitoring of in-force business Monitor and analyse in-force dataPerform experience analysis to confirm lapse assumptions and mortality/morbidity assumptions Administration of Company Retail Retirement Funds Produce annual R https://protool.gumtree.co.za/external-link-browser.html?urlaHR0cHM6Ly93d3cuZGl0dG8uam9icy9qb2IvZ3VtdHJlZS85NDYyMDg3NzY/c291cmNlPWd1bXRyZWU&jid1484476&xid946208776 Apply Now
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