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Senior Actuarial Specialist Retail Protection Product Development

Company

Old Mutual Life Assurance Company (SA) Ltd

Location

cape town, South-Africa

Type

Full-time

Role Overview

As part of Old Mutual’s Personal Finance segment, the Retail Protection Product team is shaping and executing the Retail Protection strategy across mid‑to‑high income markets in South Africa and Namibia. This position – a Senior Actuarial Specialist – focuses on delivering major projects, product developments, and ongoing support for flagship retail protection products.

Responsibilities

  • Lead the design and ongoing management of Retail Protection product ranges.
  • Apply actuarial expertise to provide product support on technical rules, underwriting, and claims to solve business challenges and address customer or advisor queries.
  • Produce and maintain product specification documents.
  • Apply a risk‑management and market‑conduct lens to ensure robust product design and decision‑making.
  • Incorporate regulatory impacts into product design and correspondence.
  • Work cross‑functionally to deliver on pre‑def...

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