Product Specialist

Role Purpose

Play a leading role in the strategic design, development and management of guaranteed annuity and structured product solutions, ensuring competitiveness and alignment with business objectives.

Requirements

• Actuarial student, with a minimum of 8 actuarial exams completed, including A214.
• 1- 3 years' experience within the life insurance or investments industry.
• Experience with guaranteed annuities and/or structured products will be advantageous.
• Product development and pricing experience will be advantageous.
• Leadership and project management skills.
• The ability to interrogate, balance stakeholders’ needs and critical thinking.
• Technical skills.
• Attention to detail.

Duties and Responsibilities

• Make significant contributions in developing and maintaining guaranteed annuities and structured products for any changes from a system, process and experience perspective.
• Drive innovation in product design to maintain market leadership and meet evolving client needs.
• Oversee and enhance pricing models to ensure financial soundness and competitiveness.
• Present strategic proposals and insights to governance forums including Product Management Committees and Manco.
• Monitor market trends and competitiveness of solutions.
• Provide guidance on complex pricing and special quote scenarios, balancing stakeholder interests.
• Act as a subject matter expert to internal and external stakeholders.
• Collaborate with actuarial, finance, distribution, and IT teams to implement product enhancements.

Self-management and Teamwork (People)

• Participating in and contributing to a culture which builds rewarding relationships, facilitates feedback and promotes excellence.
• Develop and maintain productive and collaborative working relationships with peers, clients and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.
• Effectively manage time and ensure optimal productivity.
• Be self-confident, self-motivated and relentlessly pursue targets and goals.

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