Actuarial Analyst

Momentum Life

Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms the Momentum Group provides practical financial solutions for people, communities and businesses.

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The role will be responsible for the building and implementation of product models for the purposes of modelling product values and fund build-ups, as well as developing tools to facilitate excellent automated risk management. The role offers exposure to an extensive range of historical and current life insurance products while developing actuarial judgement in balancing the needs for the various stakeholders.

Requirements

  • 0-3 years’ experience in actuarial analysis
  • Degree in Actuarial Sciences, Statistical Analysis, Mathematics or related field
  • Honours degree in Actuarial Science
  • Completed at least 4 Foundation and Intermediate Technical exams - ASSA A100 and A200 series exams
  • Have completed at least 5-8 technical exmas

Duties & Responsibilities

  • Build and maintain models of the business in excel vba
  • Document business requirements
  • Draft and review the required processes that monitor the accuracy of policy values
  • Specify, build and maintain models of the business
  • Investigate, quantify and explain any deviations and advise on corrective measures.
  • Ensure that all projects to be implemented adhere to audit and risk management requirements.
  • Investigate product bases, and apply sound actuarial judgement for rationalisations where required

Competencies

  • Ability to examine and interpret data and provide insights.
  • Good analytical and communication skills.
  • Being able to effectively work and communicate with a range of people.
  • Experience in Excel and SQL will be advantageous