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
Be part of an exciting opportunity in Old Mutual Wealth’s product development team. This includes setting product strategy, pricing, product development, product management and oversight as well as interactions in procuring new clients for the local as well as offshore product suites.
Key Performance Areas
Developing a deep understanding of the Product and Investment proposition.
Investigation, problem solving and developing solutions to various issues in the [product and investment area.
Product development, enhancement and pricing initiatives, which includes engaging and gathering input, generate requirements for system changes and ensuring execution and testing solutions.
Managing and supporting technical asset reviews for new investments.
Support in communication of technical investment issues to internal stakeholders and producing communication for external stakeholders (advisers, fund managers etc.)
Liaising with the relevant external stakeholders (brokerages etc.) as well as internal stakeholders (e.g. distribution, operations & finance as well as tax) to coordinate technical deliverables.
Building and maintaining profit models and running experience analysis.
Understanding the capital risk drivers for retail products
Understanding the SAM SCR guidelines
Understanding of EV principles
Role Qualifications, Skills and Experience required
A qualified/nearly qualified Actuary with minimum 6 years technical experience (Pricing, building models, experience analysis)
IFRS17/valuation experience will be beneficial
Strong technical skills and attention to detail
Knowledge of the Prudential Standards of South Africa
Knowledge of Old Mutual’s products and systems will be beneficial
Experience working across teams (Wealth, Exco, Internal and External Old Mutual teams)
Problem solving skills essential
Attributes / Competencies
Executing
Customer First
Personal mastery
Innovation
Collaboration
Leading with Influence
Skills
Competencies
Balances StakeholdersBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyCultivates InnovationDecision QualityDrives ResultsEducation
Bachelor of Commerce (BCom) (Required)Closing Date
23 July 2026 , 23:59The 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.
The Old Mutual Story!
Skills Required
- Qualified or nearly qualified Actuary with minimum 6 years technical experience (pricing, building models, experience analysis)
- Bachelor of Commerce (BCom)
- IFRS17 / valuation experience
- Strong technical skills and attention to detail
- Knowledge of the Prudential Standards of South Africa
- Knowledge of Old Mutual products and systems
- Experience working across teams (Wealth, Exco, internal and external Old Mutual teams)
- Problem solving skills
- Understanding of capital risk drivers for retail products
- Understanding of SAM SCR guidelines
- Understanding of Embedded Value (EV) principles
What We Do
Old Mutual Limited is a listed company on the Johannesburg Stock Exchange and has secondary listings on the London, Malawi, Namibia and Zimbabwe stock exchanges. As a Pan-African financial services company, we are focused on Africa, her needs and her people. Together with you, we have educated our children, given more homes warmth and light, empowered small businesses and improved infrastructure in Africa. Our story will continue #WithAfricaForAfrica
