Actuarial Technician/Underwriter at Absa Bank Limited

Job Summary

To deliver actuarial /underwriter support services through the execution of predefined objectives as per agreed standard operating procedures (SOPs).

Job Description

• Preparation of quotations
• Preparation of loss ratio reports and provision of appropriate renewal terms
• Product review and pricing for new and existing products
• Monthly tracking of claims and membership trends: average cost analysis, membership count, rejection rates and provide recommendations to address significant variances
• Negotiate terms with prospective clients and intermediaries
• Build relationships with intermediaries
• Membership management: entries and exits, card requests, debit and credit note preparations

Education

• Bachelors Degree and Professional Qualifications: Actuarial Science (Required)