Actuarial Analyst - New Business

Discovery – Insure

Actuarial Analyst – New Business

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Insure

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.

Key Purpose

The purpose of this role is to provide analytical insights to optimize sales and lead performance, engage with brokers to drive growth, and implement strategies to enhance overall business efficiency.

Areas of responsibility may include but are not limited to

• Provide innovative, analytical insights and recommendations to optimize lead performance and sales across multiple distribution channels.
• Engage with brokers to enhance existing business opportunities and drive sales growth.
• Assist in monitoring and analyzing sales metrics to help identify trends and growth opportunities.
• Collaborate with internal teams to assist in successfully implementing new business growth strategies.
• Support the preparation and reporting of growth strategy progress to ensure alignment with business goals.
• Coordinate the development and delivery of reports to support the distribution teams in their daily activities and strategic planning.
• Assist in developing and maintaining analytical models to monitor business growth performance.
• Conduct ad-hoc analysis to support business growth objectives and data-driven decision-making.
• Support the implementation of innovative strategies to enhance overall business growth and efficiency.

Skills

• Modelling skills preferred (Basic)
• Programming Skills: VBA & SQL (Intermediate)
• Microsoft Office (Excel, PowerPoint and Word) (Advanced).

Education and Experience

Education:

• Matric
• Degree in Actuarial Science and/or Mathematical Statistics/ Computer Science or outstanding Bachelor of Commerce finance/marketing/insurance analytics candidate (Advantageous)
• Min 3-5 completed CT subjects (Essential)
• Honors (Advantageous)

 Minimum Experience:              

• 0-3 years’ experience within the Insurance industry (Advantageous)                                                                                                           

EMPLOYMENT EQUITY   
                             
The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.