Job Description

Job Classification

Job Requisition - 138223

Closing Date - 11 March 2025

Location - Johannesburg

Cluster - Nedbank Wealth - Division - Nedbank Insurance (Client Solutions)

Please Note: Preference will be given to applicants from Underrepresented Groups

Job Family
Risk, Audit and Compliance
Career Stream
Actuarial
Leadership Pipeline
Manage Self: Technical
FAIS Affected

Job Purpose

To provide actuarial solutions to internal and external clients within the Non-Life Client Solutions team; in line with Nedbanks Client Value Proposition.

Job Responsibilities

Conducting experience investigations into the performance of non-life products and identifying areas of improvement Assisting with the implementation of system enhancements and product changes Assisting with the development and implementation of new pricing models Monitoring the results of pricing models and updating where necessary Documentation of existing and new processes Communication of results to actuarial managers for further action Be an active and engaged member of the actuarial team Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.) Express ideas or facts clearly in written documentation so that the content is understood by the recipient Ensure all personal development plan activities are completed within specified timeframe Share knowledge and industry trends with team and stakeholders during formal and informal interaction Conduct and compile Industry research and product development to provide the most appropriate range of products to clients Identify and interpret relevant information using logic to seek cause and effect relationships Develop software proficiency to deliver required outputs

Job Responsibilities Continue

Develop sound product and industry knowledge Interact with internal and external clients to assess needs and provide solutions Provide feedback and presentations to stakeholders Develop and use collaborative relationships to facilitate the accomplishment of work goals Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned Identify training courses and career progression for self through input and feedback from management Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

People Specification

Essential Qualifications - NQF Level
Advanced Diplomas/National 1st Degrees Preferred Qualification

Bachelor of Commerce in Actuarial Science, Bachelor of Science in Actuarial Science

Essential Certifications
Preferred Certifications
Minimum Experience Level

Minimum of 4 exams (ASSA preferred)

Technical / Professional Knowledge

Administrative procedures and systems Banking knowledge Business principles Business terms and definitions Data analysis Microsoft Office Relevant software and systems knowledge Business writing skills Governance, risk and controls Behavioural Competencies
Adaptability Applied Learning Communication Collaborating Innovation Work Standards
-

Please contact the Nedbank Recruiting Team at +27 860 555 566