Actuarial Analyst

Pretoria FULL TIME R29,167 - R41,667 / Month
(R350,000 - R500,000 / Year)

Job Description

We are on the lookout for a sharp-minded Actuarial Analyst to join our skilled team in Pretoria. In this role, you will utilize statistical and mathematical techniques to prepare evaluations of risks and investments, crucial to our organization's success. Collaborating with a variety of departments, you will assist in ensuring our strategies align with industry standards and regulations.

Responsibilities

  • Evaluate insurance and pension products by calculating premiums.
  • Prepare and present findings to stakeholders using clear and concise language.
  • Utilize predictive analytics to enhance underwriting processes.
  • Research industry trends and regulations to inform actuarial practices.
  • Participate in peer reviews and collaborate in the enhancement of existing methodologies.
  • Engage with cross-functional teams for effective implementation of actuarial strategies.
  • Regularly update actuarial databases and reports to reflect new data and assumptions.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or Statistics
  • Associate of the Society of Actuaries (ASA) is preferred
Experience
  • 2-4 years of relevant experience in actuarial roles
Technical Skills
  • Statistical Analysis
  • Excel
  • R/Python
  • Data Visualization
Soft Skills
  • Analytical Thinking
  • Attention to Detail
  • Communication Skills
Certifications
  • Fellow of the Society of Actuaries (FSA) is a plus
Languages
  • English: Fluent

Advantageous

  • Knowledge of actuarial software such as Prophet or MoSes: Familiarity with industry-standard software for actuarial calculations.
  • Previous experience in an insurance environment: Experience working within the insurance sector will be a strong advantage.

Benefits

  • Competitive salary package including bonuses
  • Comprehensive health insurance benefits
  • Continuous professional development opportunities
  • Flexible working arrangements and leave policies

Company Culture

  • Collaboration: We pride ourselves on a team-oriented environment where collaboration drives success.
  • Innovation: Encouraging innovative thinking and solutions is at the heart of our culture.
  • Diversity and Inclusion: We value a diverse workforce and are committed to an inclusive culture.
Status: Open