Summary
Date Posted: Wednesday, October 19, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose
Drive the development of end-to-end customer solutions with a retail customer focus.

Key Responsibilities
• Product Ideation and Market Research: Generate, develop, communicate and conduct market research for new retail product ideas in the market.
• Product Design and Pricing: Determine technical premiums for new and repackaged retail products.
• Product Risk management: Identify and analyse risks relating to new and repackaged retail products and set out proposed risk mitigation measures.
• System and Process Capabilities: Drive the operationalization of new products, i.e. ensure processes and systems are in place to administer the complete product administration cycle.
• Product Approvals: Drive the product approval process both within the Company and externally with the Insurance Regulator and other government bodies – where relevant.
• Compliance Requirements: Work with the Legal and Risk functions to ensure that all compliance requirements with respect to products are met.
• Product Documentation: Develop and continually review product training manuals and content for marketing brochures that are appropriate to the target market and distribution channel of the products.
• Work with the Innovation and other teams to turn data insights into profitable products.
• Work with the marketing team to improve the look and feel of Britam product offerings.
• Own and improve the Britam retail client journey with a focus on customer-centricity.
• Ad hoc duties assigned by line manager.

Knowledge, experience and qualifications required
• University Degree in Actuarial Science – or other highly numerate subject areas.
• Good progress in the Institute and Faculty of Actuaries examinations or any equally recognized professional actuarial body (attempted and passed at least 8 actuarial exams).
• At least 3 years of experience in an actuarial or product development function in a very busy office.
• Experience across product lines preferred, i.e. life and non-life.
• Proven experience working across functions and with multiple stakeholders.
• A keen eye for innovation in the insurance and financial services space is preferred.


Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure
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