Job Description

Who are we?MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients superior value products.
Our Vision is to be a world-class direct financial services business that offers a complete array of services under one convenient umbrella - all managed online.We are passionate about our people. We are positive that with the right people on board, we will continue to grow and give our clients the freedom to do things their way - free from worry and most importantly at peace with all the what-ifs of the world.Company values that every employee subscribes to are: Energy, Freedom, Accountability and Attitude.The ideal candidate is one who has the courage to be bold and subscribes to MiWay's core values!Do you have a positive attitude, love a challenge, treat your colleagues with respect and look for solutions, not problems? If yes, then MiWay is the place for you!Build a successful career with usWe're all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth.Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.Role DescriptionJoin the innovative MiWay Actuarial: Telematics & Special Projects team, where we are committed to driving operational excellence and enhancing departmental performances. Our focus extends to leveraging telematics data for enriching customer experiences and bolstering our analytical prowess.Under direct supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits.
Other duties include collecting data from various databases and performing standard mathematical calculations.Minimum Qualification Required

• Bachelor's degree in Actuarial Science

Minimum Experience

• Minimum of 2 years' experience in the insurance industry, specifically in an actuarial or analytics role.

Deliverables include, but will not be limited to

• Innovative Solution Development: Play a pivotal role in analysing and devising novel solutions across various MiWay sectors. This involves engaging with both internal and external stakeholders, conducting process mapping, spearheading new implementations, and creating efficient, automated reporting and monitoring systems.
• Telematics and Procurement Systems: Take charge of developing and maintaining advanced telematics and procurement processes, with a special emphasis on the Claims department.
• Model Development and Optimisation: Assist in the creation and refinement of models for pricing, expense management, profit analysis, and forecasting.
• Predictive Analysis: Engage in the testing and development of new predictive factors to enhance MiWay's pricing models and contribute value across different business areas.
• Statistical Modeling and Software Development: Build and refine statistical models, and develop software solutions to improve the precision and efficiency of pricing and other actuarial models.
• Web Application Development: Craft web applications for various departments to aid in calculations and reporting. Proficiency in R, R Shiny, and SQL (Oracle SQL and SQL Server) is beneficial.
• Data Management with C#, Python, and SQL: Utilize C#, Python, and SQL to build and maintain robust telematics data tables and infrastructure.

Competencies RequiredKnowledge and SkillsActuarial Problem SolvingIssues managementAttention to detail and accuracyPersonal AttributesSelf-development - Contributing independentlyInterpersonal savvy - Contributing independentlyNimble learning - Contributing independentlyTech savvy - Contributing independentlyCore CompetenciesCultivates innovation - Contributing independentlyCustomer focus - Contributing independentlyDrives results - Contributing independentlyCollaborates - Contributing independentlyBeing resilient - Contributing independentlyTurnaround timeThe shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.Closing date: 12 June 2024Our commitment to transformationAt MiWay we believe in cultivating a positive and dynamic working environment that gives you freedom and opportunity to succeed. MiWay is committed to transformation and embracing diversity. This is what drives us to achieve a multicultural workplace with employment equity as a key goal to create an inclusive workforce, reflective of the demographics of our society.

Sanlam