Website Bryte Insurance Company Limited
Bryte Insurance Company Limited is the premier, proactive commercial risk specialist in Southern Africa. Applying our unparalleled sector insights, proven expertise and foresight, we partner with customers and brokers to protect their businesses and improve their risk profile across the continent. … read moreOur short-term insurance risk management solutions are developed from deep sector knowledge, a future-fit focus and our commitment to service excellence. The Bryte Insurance Company brand may be new, but it retains the benefit of the incumbent infrastructure, products and management team. We are proud of what has been accomplished by this team in recent years and look forward to building further on our strong foundation of an established, successful insurance heritage and an invested partnership model. Bryte Insurance Company Limited’s operations in South Africa and Botswana are recent additions to the Fairfax Financial Holdings portfolio. Fairfax is a company based in Toronto, Canada and through its subsidiaries, is engaged in property and casualty insurance, and reinsurance and investment management. Bryte Insurance Company Limited approaches customer risk with purpose, proactively working with brokers and clients to enable better risk decisions. 15 Marshall Street Ferreirasdorp Johannesburg 2001 South Africa
Key tasks & Responsibilities
Provide basic actuarial services with minimal supervision by a more experienced actuary.
Perform more complex analyses as assigned under the supervision of a more experienced actuary.
Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
Actively pursue local actuarial qualification and demonstrate consistent progress toward designation.
Under general direction, support the pricing of new/renewal business, development of effective premium/rating structure, the formal Profitability Review process and development of strategies in support of business objectives.
Provide support for management of profit margins on new and renewal business.
With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including analysis of loss and expense reserves as relates to pricing adequacy and strategic direction.
Provide consultation and technical expertise on actuarial models and risk issues and support Market Facing and Technical Underwriters on pricing decisions.
Stakeholders
Internal
Actuarial business partners
Local Pricing or Profitability Manager
Underwriting
Claims
Finance (FAR and PPM)
External
Minimal external interaction
Network of contacts within the actuarial profession
Qualification & Experience
University degree in actuarial science, mathematics, statistics, or a related field.
Pursuing Actuarial qualification (per local society).
Two years of experience in an actuarial environment.
Experience in multiple functions strongly preferred.
Self-motivation and drive.
Professional, enthusiastic, and positive attitude.
Able to meet deadlines and work under pressure.
Apply via company website ( http://www.brytesa.com ) or
brytesa.mcidirecthire.com