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Senior Specialist : Middle Market Life Solutions

Senior Specialist : Middle Market Life Solutions

Boardroom AppointmentsJohannesburg, Gauteng, South Africa
3 days ago
Job description

Senior Specialist : Middle Market Life Solutions

Qualifications

  • Newly or nearly qualified actuary

Experience

More than 5 years in similar environments (actuarial life experience in product or suitable commercial roles)

Responsibilities

Lead strategic simple solutions projects with structured execution plans, managing personal and team outputs.

Act as a senior team member in developing or enhancing simple life solutions.

Analyze profitability and commercial contribution to the Simple Life Solutions Commercial unit.

Use stakeholder inputs to assess :

  • Market trends
  • Customer needs
  • Channel needs
  • Regulatory requirements
  • Competitor insights
  • Gaps / issues in current solutions
  • New product opportunities
  • Develop and maintain technical product artefacts, including :

  • Product specifications
  • Policy document specs
  • Customer communication content
  • Technical marketing content
  • Collaborate with technology teams to ensure correct and efficient implementation of solutions.

    Use management information and data to monitor solution performance and support recommendations.

    Support commercial and first-line risk management.

    Assess pricing strategy and risk levers, including :

  • Mortality
  • Morbidity
  • Lapse
  • Operational risk
  • Market risk
  • Other broader risks
  • Incorporate risk mitigation through :

  • Product design
  • Pricing (with pricing SMEs)
  • Underwriting and claims rules
  • Reinsurance design

    Collaboration with functional areas and stakeholders (aligned with IAM and SARLSA operating model)

    Ensure :

  • Commercial optimization
  • Intuitive customer journeys
  • Strategic alignment
  • Adequate risk controls
  • Ensure compliance with :

  • Internal policies and standards
  • Relevant governance for approvals, specs, and solution artefacts
  • Prepare and present reports or support reporting to governance / management forums.

    Mentor and guide junior team members.

    Participate in cross-functional teams for strategic solution development.

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    Solution Specialist • Johannesburg, Gauteng, South Africa

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