Intermediate Actuarial Specialist | Guaranteed Solutions at Old Mutual

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

The Old Mutual Corporate Investment Solutions Team is seeking an enthusiastic and suitably qualified individual to perform the diverse duties needed to sustain and grow the largest Smoothed Bonus Portfolio in South Africa.

The role will include performing product marketing, management and development of Old Mutual’s R200bn+ Smoothed Bonus book. A deep focus on underlying asset performance allows for the broadening of the incumbent’s skillset beyond the rich understanding of liabilities. Opportunities to present the asset and liability performance to clients is also provided. The role will also require collaboration across the business including senior management, finance, legal, compliance, marketing, IT, client servicing and operations. A clear path for upward progression is also established within the role.

Key Result Areas

• Craft and manage dissemination of smoothed bonus marketing collateral

• Undertaking client report back presentations covering a range of topics including liability positioning, underlying asset performance, ESG and transformation

• Provide Smoothed Bonus Products technical support to distribution force

• Provide oversight into the operations team performing unit pricing of smoothed bonus portfolios

• Representing the area in projects by driving the implementation of development, industry and regulatory changes (amongst others)

• Supporting segments by providing product marketing and management insights to teams in the broader business

Role Qualifications, Skills and Experience required

• Actuarial student with a minimum of 9 exam credits and 2 years’ actuarial experience

• Self-starter who shows initiative and is able to drive projects to completion with minimal guidance.

• Business acumen and negotiation skills.

• Strong interpersonal and communication skills.

• Ability to work on a wide range of deliverables at once.

• Ability to present technical concepts to a wide range of audiences.

• Product experience would be an advantage.

• Investment experience would be an advantage.

• Comfort with integrating AI into processes is an advantage.

Please note: the appointment may be made at a lower role size depending on the successful candidates’ experience and exam progress.

Competencies

• Customer First

• Leading with Influence

• Collaboration

• Execution

• Personal Mastery

• Strategic

• Innovation

Skills

Computer Literacy, Data Compilation, Data Controls, Executing Plans, Information Management, Insurance Product Management, Insurance Sales, Legal Practices, Numerical Aptitude, Risk Management

Competencies

Action Oriented

Balances Stakeholders

Builds Networks

Business Insight

Collaborates

Communicates Effectively

Cultivates Innovation

Decision Quality

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

10 June 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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