Our client, a leader in the investments and insurance sector, is seeking a strategic and technically-minded Service Specialist to drive the evolution of their guaranteed annuity and structured product portfolios. This is a high-impact role designed for an actuarial professional who thrives on innovation, complex pricing, and cross-functional leadership.
Key Responsibilities
Product Leadership: Lead the development and maintenance of guaranteed annuities and structured products, overseeing changes across systems, processes, and the overall client experience.
Innovation & Design: Drive innovation in product design to maintain market leadership and meet evolving client needs.
Pricing & Financial Oversight: Oversee and enhance pricing models to ensure financial soundness. Provide expert guidance on complex pricing and special quote scenarios.
Strategic Governance: Present strategic proposals and insights to high-level governance forums, including Product Management Committees and Manco.
Market Analysis: Monitor market trends and the ongoing competitiveness of current solutions.
Mentorship: Act as a senior subject matter expert, mentoring and developing junior product specialists and analysts to foster a high-performance culture.
Collaboration: Work closely with actuarial, finance, distribution, and IT teams to implement product enhancements.
Requirements.
Qualifications:
Actuarial Status: You must be an academically qualified associate or fellow actuary.
Experience:
Industry Experience: A minimum of 3 years' experience within the life insurance or investments industry is required.
Advantageous Experience: While not strictly mandatory, the following experience is listed as a benefit to the applicant:
Product Knowledge: Experience specifically with guaranteed annuities and/or structured products.
Functional Expertise: Prior experience in product development and pricing.
Essential Skills and Competencies:
Technical & Analytical: High level of technical skills and a strong attention to detail.
Strategic Thinking: The ability to interrogate data, think critically, and balance the needs of various stakeholders.
Management: Proven leadership and project management skills.
Personal Attributes: Must be self-confident, self-motivated, and demonstrate a relentless pursuit of targets and goals.
Knowledge Maintenance: A commitment to keeping technical product and legislative knowledge current to ensure compliance and innovation.
Send your applications to info@recruitmentcouncil.co.za