Actuarial Manager

Discovery Insure is committed to creating a nation of great drivers through our innovative Shared-value Insurance model. Discovery Insure is South Africa’s fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor and home insurance sectors. Vitality Drive, an internationally-recognised and award-winning programme, is a key differentiator in the market that incentivises and rewards clients for driving well.

The Vitality Drive programme has been scaled to local and international markets which now include Europe and the Middle East. The company employs over 1 000 people who are committed to putting our customers and financial advisers first by providing unique and innovative solutions and cover.

Research, development and implementation of innovative insurance products and rewards mechanisms that will complement Discovery Insure’s existing suite of products.

• Matric (essential)
• Actuarial qualification (Essential)
• FASSA: Fellow of the Actuarial Society of South Africa (preferred)
• 2-5 years’ experience in a technical actuarial role
• 2-5 years’ experience in a Product development role (preferred)
• 2-5 years’ experience in short-term insurance (preferred)

Research into new insurance products and risks to make informed and innovative product development decisions.

Key involvement in the design, development and implementation of new products.

Analytical and pricing capabilities to understand the financial implications and parameters involved when developing new products, to ensure profitable results.

Collaboration with various teams within Insure and the group on product development and strategic projects.

Working with other teams to ensure products are operating in an efficient and accurate manner.

Monitoring and reporting ongoing results to ensure products are producing optimal results.