Actuarial Services (Technician) - Pretoria
Actuarial Services (Technician) – Must have a B Degree in Actuarial Sciences Department Product Development & Actuarial Support Job Type Permanent Work Level Skilled Salary Market Related Location Gauteng – Menlyn Duties & Responsibilities: Ensure and maintain optimal system accuracy and performance from a values and functionality perspective Implementation and test automation of system programs for correctnessAssist with automation/ integration of other Group divisions on admin systemProvide accurate and easily accessible information Contribute to product development Research new market developments.Pricing & design of product comparisonsTest 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 monthly Provide professional input & support to the Group (amendments & general advice) Answer technical client queries escalated to Actuarial SupportAttend to ombudsman queries of a technical natureValidate amendments to policies where actuarial support is requiredAssist with values and product-related queries from other departments (letters to be written, values queries, and tax directive management) Updating of financial transactions Completion of investment portfolio returns on administration system Monitoring of in-force business Analyse in-force dataPerform analysis on lapse and mortality/morbidity experience Administration of the Carefree Life Retirement Annuity Fund Produce annual RA certificates for mailing to clientsAssist with reports for the quarterly Carefree Life Retirement Annuity Fund Trustee Meeting Formal Education: B Degree Actuarial Sciences https://protool.gumtree.co.za/external-link-browser.html?urlaHR0cHM6Ly93d3cuZGl0dG8uam9icy9qb2IvZ3VtdHJlZS8yMjQwNzU0MjYwP3NvdXJjZT1ndW10cmVl&jid1305370&xid2240754260
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