Tafadzwa Fanuel Taziva
Sydney
Summary
Dynamic Pricing Actuary at iptiQ, Swiss Re, with expertise in pricing models and cross-functional collaboration. Successfully enhanced product profitability through rigorous experience studies and assumption setting. Proven track record in delivering actionable insights and improving risk reporting processes, driving strategic decision-making in complex environments.
Overview
15
15
years of professional experience
Work History
Pricing Actuary
iptiQ, Swiss Re
08.2021 - Current
- Support new group insurance business tenders
- Support pricing of new products and review of existing product premium rates and profitability
- Review profitability, lapse experience and claims performance of life insurance portfolios and develop appropriate product management recommendations.
- Maintain, develop, implement, and run pricing models, including analysis of results and documentation of model change and results
- Set assumptions for pricing and valuation, including expenses, mortality, and lapses
- Provide regular product performance reporting, including sales, lapses, claims, loss ratios, and AvEs including continuous improvements of the reporting
- Collaborate with cross-functional teams, including products, underwriting, claims, finance, operations and data – contributing to key projects where actuarial/pricing input is required
- Support and engage stakeholders to coordinate pricing and product processes
- Conduct experience studies using R for assumption setting and reporting
- Perform remediation calculations for policyholders
- Contribute to the collection and analysis of market competitor information
Senior Analyst - Treasury
AMP Limited
01.2021 - 08.2021
- Produced and improved regular risk reporting processes:
- LAGIC monthly capital reporting processes for a variable annuity product
- Production of regular risk Dashboard reports
- Group Stress and Scenario Testing – model development, scenario development, modelling of scenarios, and develop
- Drafting and review of policies and standards
Senior Analyst – Financial Risk - ERM
AMP Limited
07.2019 - 12.2020
- Produced and improved regular risk reporting processes:
- Aggregate Risk and Intra-Group Transaction Exposures
- Monthly calculation and reporting of Profit at Risk – an internal earnings volatility measure
- Group Stress and Scenario Testing – model development, scenario development, and modelling of scenarios
- Delivery of Financial and Insurance Risk work:
- Develop and report against Early Warning Indicators for liquidity
- Review of various internal models, including the Profit-at-Risk model
Compensation Analyst
AMP Limited
06.2018 - 07.2019
- Create and maintain remediation calculators - estimation of financial loss for life insurance, superannuation, pension and other financial products.
- Quality Assurance of compensation calculations.
- Design, develop and deliver end-to-end holistic compensation calculations aligned with established policies, processes, and procedures.
- Assessment of a customer’s loss and related issues specific to their circumstances
- Identifying, recognising, and evaluating the impact of compensation and utilising external data sources and ASIC guidance.
- Work closely with other teams to ensure that the Advice Remediation Team complies with AMP standards and regulatory requirements and delivers an accessible, responsive, and robust program.
Customer Service Secondment
ZB Life Assurance Limited
01.2014 - 12.2015
- New Business, Premiums Processing and Claims – Led a team managing life insurance applications, allocating premiums, issuing refunds for cancelled policies, and processing claims.
Actuarial Analyst
ZB Life Assurance Limited
10.2010 - 12.2013
- Reserves and Embedded Value calculations - including data checks, validations, and analysis – Financial Soundness Valuation basis
- Pricing and Product Development – Develop and price Individual Life products and Group Life insurance rate reviews.
- Experience Investigations – conduct experience analyses on lapses and claims to set assumptions for pricing, reserving, and other actuarial investigations.
- Preparing and maintaining product specifications for products, both group business and individual life products
- Ensure calculations, documentation, and reporting comply with professional, statutory, regulatory, and internal requirements.
- Providing reports, analyses, and insights for use in making management decisions
Education
Fellow -
Institute and Faculty of Actuaries
UK01.2021
Bachelor of Commerce Honours Degree - Actuarial Science
National University of Science and Technology
Zimbabwe01.2010
Skills
- Microsoft Office
- Excel
- Word
- PowerPoint
- Python
- R
- Pricing models
- Experience studies
- Financial modeling
- Assumption setting
- Cross-functional collaboration
Timeline
Pricing Actuary
iptiQ, Swiss Re
08.2021 - Current
Senior Analyst - Treasury
AMP Limited
01.2021 - 08.2021
Senior Analyst – Financial Risk - ERM
AMP Limited
07.2019 - 12.2020
Compensation Analyst
AMP Limited
06.2018 - 07.2019
Customer Service Secondment
ZB Life Assurance Limited
01.2014 - 12.2015
Actuarial Analyst
ZB Life Assurance Limited
10.2010 - 12.2013
Fellow -
Institute and Faculty of Actuaries
Bachelor of Commerce Honours Degree - Actuarial Science
National University of Science and Technology