Manager, Actuarial Technical Rating

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Job ID:

1778

Category:

Finance, Management
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Job Views:

3332

Posted:

09.08.2018
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Occupations:

Accounting-Finance: Corporate Finance
Business-Strategic Management: General-Other: Business-Strategic Management

Job Description:

Job Purpose 

To support the Manager, Actuarial Pricing to assist in the development, improvement and implementation of the rating structures for the products underwritten by Standard Insurance Limited (SIL):

  • Build a policy and claims database to provide a platform for  statistical analysis.
  • Provide office and risk premium rating structures that are profitable and competitive.
  • Be able to drive Price Optimisation of Multi-risk products
  • Identify issues hindering optimisation of pricing models and provide solutions to restore efficiency.
  • Able to build predictive models
  • Able to conduct experience investigations
Key Responsibilities/Accountabilities
  • Organise and clean the data that is available to ensure up to date reporting.
  • Taking all factors into account, ensure SIL’s pricing model for the different distribution channels are targeting specific levels of profitability.
  • Keeping abreast of international best practice on rating.
  • Ensure accuracy of pricing models are maintained by conducting regular reviews of existing pricing 

Job Requirements:

Preferred Qualification and Experience
  • 3-8 years of short term pricing actuarial experience.
  • Experience is pricing multi-risk insurance products
  • Understanding of insurance business principles.
  • Experience in SAS, Emblem and Radar is required.
Knowledge/Technical Skills/Expertise
  • Understanding of insurance business principles.
  • At least four exemptions / exam passes through ASSA
  • Experience in machine learning algorithms will be an advantage
  • Experience in R would be advantageous
Company Info
Standard Bank Group
Angola

Phone:
Web Site: http://www.standardbank.com
Company Profile

Company Info


Standard Bank Group
Angola
Phone:
Web Site: http://www.standardbank.com

Manager, Actuarial Technical Rating

col-narrow-left 

Job ID:

1778

Category:

Finance, Management
col-narrow-right 

Job Views:

3332

Posted:

09.08.2018
col-wide 

Occupations:

Accounting-Finance: Corporate Finance
Business-Strategic Management: General-Other: Business-Strategic Management

Job Description:

Job Purpose 

To support the Manager, Actuarial Pricing to assist in the development, improvement and implementation of the rating structures for the products underwritten by Standard Insurance Limited (SIL):

  • Build a policy and claims database to provide a platform for  statistical analysis.
  • Provide office and risk premium rating structures that are profitable and competitive.
  • Be able to drive Price Optimisation of Multi-risk products
  • Identify issues hindering optimisation of pricing models and provide solutions to restore efficiency.
  • Able to build predictive models
  • Able to conduct experience investigations
Key Responsibilities/Accountabilities
  • Organise and clean the data that is available to ensure up to date reporting.
  • Taking all factors into account, ensure SIL’s pricing model for the different distribution channels are targeting specific levels of profitability.
  • Keeping abreast of international best practice on rating.
  • Ensure accuracy of pricing models are maintained by conducting regular reviews of existing pricing 

Job Requirements:

Preferred Qualification and Experience
  • 3-8 years of short term pricing actuarial experience.
  • Experience is pricing multi-risk insurance products
  • Understanding of insurance business principles.
  • Experience in SAS, Emblem and Radar is required.
Knowledge/Technical Skills/Expertise
  • Understanding of insurance business principles.
  • At least four exemptions / exam passes through ASSA
  • Experience in machine learning algorithms will be an advantage
  • Experience in R would be advantageous
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