Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

Supports the Actuarial Team in providing business partner support to the Head of Life Insurance Propositions in developing solutions for risk businesses across the different channels that the businesses that risk solutions are offered. Supports the Business Units through clear understanding of all data and customer insights that helps in developing optimal customer solutions for our businesses.

Engages with different stakeholders with the intention of creating buy in and developing solutions that assists the bank in reducing balance sheet risks on underlying banking solutions whilst reducing the individual customers financial risks and assisting them to meet their personal goals.

Creates in-depth understanding of the business processes that we utilize to engage and serve customers in the bank. Utilizes the resultant understanding to overlay actuarial & analytical skills in developing solutions that meet customer needs and assists the Bank and Liberty Group in meeting their risk business goals.

Qualifications

Minimum Qualifications

A Bachelor’s degree in Actuarial Science
Completed all Actuarial Board Exams up to F100s (i.e. STs) with F102

Experience Required

5 to 7 years experience in Life Insurance
 

Additional Information

Behavioural Competencies:

Adopting Practical ApproachesArticulating InformationChallenging IdeasChecking DetailsExamining InformationExploring PossibilitiesInteracting with PeopleInterpreting DataMeeting TimescalesProducing OutputProviding InsightsTeam Working

Technical Competencies:

Product SupportReservingExperience MonitoringData & Actuarial GovernanceProjects, Initiatives & Innovation