Latest Job Posting at Old Mutual
POSITION: Senior Actuarial Manager
Old Mutual strongly believes in the potential of Africa, and our varied talent showcases this commitment.
Position Overview
Analyzes and condenses statistical data using mathematical and statistical expertise related to unpaid claim liability, trend assessment, rate calculation, forecasting, and premium evaluation. Assists in the creation of yearly reports, computing tax-related matters, and formulating business insurance documents. OML positions associated with this profile include: Senior Specialist in Actuarial, Fund Actuary, Actuarial Expert, and Senior Specialist in reinsurance Analytics.
Duties
- Actuarial Evaluation, Premises, and Perspectives: Develop and deliver top-notch actuarial analyses, assumptions, insights, and reports to aid in business decision-making and/or assess business performance. Conduct intricate statistical evaluations to facilitate data interpretation.
- Actuarial Financial Statements: Generate intricate actuarial financial data, guaranteeing the precise fulfillment of a crucial component of the process to aid in the creation of regulatory and non-regulatory reports as well as additional disclosures.
- Development and Upkeep of Actuarial Models: Create and uphold intricate actuarial models, verifying that the foundational framework of the actuarial assumptions is completely validated and that the models can be incorporated into broader business frameworks to facilitate actuarial analysis, financial reporting, and regulatory adherence.
- Actuarial Product Creation & Oversight: Create plans for new products as well as enhancements and management of current products that provide a competitive edge, align with the organization’s risk tolerance and financial goals, and comply with regulatory standards. Featured jobs
- Organizational Risk Assessment: Create and/or implement a contingency strategy for key elements of the risk and financial management and/or control procedures.
- Actuarial Assessment of Financial Need: Assess funding contributions, such as employee benefit programs, and formulate suggestions for future levels of funding contributions.
- Adherence: Supervise and assess performance and conduct within the scope of responsibility to identify and address any instances of non-compliance with the organization’s policies, applicable regulatory codes, and conduct guidelines.
- Enhancement/Creativity: Recognize deficiencies and propose enhancements to current processes, systems, and procedures, subsequently presenting a strategy for a minor aspect of a change management initiative.
Skills
Analytical Reasoning, Computer Proficiency, Data Collection, Data Regulations, Implementing Strategies, Information Administration, Insurance Product Oversight, Insurance Marketing, Legal Procedures, Market Research, Mathematical Skills, Risk Assessment
Competencies
- Reconciles Stakeholders
- Establishes Connections
- Business Perspective
- Works together
- Conveys Messages Clearly
- Fosters Creativity
- Decision Excellence
- Delivers Outcomes
Education
- Bachelor’s Degree (B)
Deadline for Submission: 24 March 2025, 11:59 PM
How to Apply for this Job Posting at Old Mutual
Closing Date: April 27, 2025
NOTE:
It is important to keep in mind that employers receive many applications for each job posting and will only select the most qualified candidates. Furthermore, NewsNowGh does not have any influence over the decisions made by employers/recruiters. As a result, we cannot guarantee that sending applications will lead to candidates being shortlisted or selected for a particular position.
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