Head of Business Intelligence - - Johannesburg

Minimum Requirements
Minimum Qualifications:

A bachelor degree (actuarial, data science, statistics, mathematics, econometrics).
CERA qualification, or similar, will be advantageous.

Minimum Experience:

Minimum of 3 to 6 years experience in a similar (risk or actuarial) position.

*Please note that preference will be given to people with disabilities.

Duties and Responsibilities
1. Operational Delivery

Underwriting risk profile intelligence: Identify, track and report on the key risks affecting companys underwriting risk profile.

Lead team and/or work with suitable industry experts such as consultants, academics, NGOs, international counterparts) to perform research and analysis to identify economic, political, socio-economic, legal, and other risk metrics
Maintain a database of events that may/do give rise to claims under companys defined perils. This includes working with other departments (such as underwriting and claims) as well as suitable external parties (e.g. SAPS, NGOs, social media companies) to develop intelligence to identify and profile events.

Catastrophe model:

Develop, maintain, and manage Companys catastrophe model.

Lead team and/or work with suitable industry experts (such as consultants, academics, NGOs, international counterparts) to perform research and analysis (and/or work with suitable industry experts such as consultants, academics, NGOs) to develop suitable catastrophe model(s), which can be used for pricing, reinsurance purchase and optimization, underwriting, strategy development, investment strategy, risk mitigation

Probable Maximum Loss (PML) studies: Develop, maintain and Companys PML studies.

Lead team and/or work with suitable industry experts (such as consultants, academics, NGOs, international counterparts) to perform PML studies for the purpose of Company reinsurance and capital optimization strategies.

Risk Mitigation

Work with stakeholders in Company, including Underwriting, Claims and SMD, to identify "hot-spots" for Companys underwriting risk exposure and to develop practical risk mitigation strategies to reduce the incidence of loss events and/or minimize severity from loss events
Examples include the identification of high-risk transit routes along the SA road network; locations within the country that consistently "flare up" following specified events (e.g. local government elections, university/school registration).

Risk Analytics

Assist the broader business with reports and analytics, as may be required from time to time.
Examples may include the development of models to validate claims against a register of potential loss events, identification of multi claimants, fraud analytics

Data Collection and Management

Work closely with IT and BCT to ensure that suitable technological and data management solutions are in place tom support Companys current and future data and analytics needs.

2. Business focused collaboration

Contribute to the successful achievement of Companys vision, strategy, and business plan, by assisting with the resolution of problems that pose a threat to the Company of not achieving its vision, strategy, and business plan.
Responsible for considering key risks and broad-based solutions for a number of key projects / issues within Company

3. Strategic Involvement

Contribute to the creation the Companys long-term strategy and short-term business plan.
Shaping Companys risk culture by setting the tone from the top not only through words but actions and reinforcing commitment.

4. People Focus

Managing own career by being accountable for ones behavior, performance and development
Managing individual and team performance to achieve individual and organization goals and objectives.

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