Actuarial Analyst

Pretoria FULL TIME R41,667 - R58,333 / Month
(R500,000 - R700,000 / Year)

Job Description

As an Actuarial Analyst, you will play a critical role in our data-driven decisions. You will be responsible for conducting analyses related to insurance premiums, investigating claims data, and conducting financial projections. We are looking for someone with a strong analytical background eager to leverage statistical techniques.

Responsibilities

  • Undertake complex calculations to support actuarial reports.
  • Review existing models and enhance them for better accuracy.
  • Provide insights to sales and marketing teams for product pricing.
  • Assist in statutory and regulatory reporting requirements.
  • Collaborate with IT teams on data integration projects.
  • Engage in continuous learning to stay abreast of industry trends.
  • Participate in actuarial projects that improve overall service delivery.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or Statistics
  • Relevant actuarial qualifications (e.g., ASSA)
Experience
  • 2+ years of experience in actuarial roles or related fields
Technical Skills
  • Excel
  • R/Python
  • SQL
Soft Skills
  • Analytical Thinking
  • Communication
  • Problem-solving
Certifications
  • Fellow of the Society of Actuaries (FSA)
Languages
  • English: Fluent

Advantageous

  • Experience with actuarial software (e.g. Prophet): Familiarity with Prophet for life insurance projections.
  • Knowledge of regulatory frameworks: Understanding of local insurance regulations and compliance.

Benefits

  • Competitive salary and performance bonuses
  • Comprehensive health benefits
  • Flexible working arrangements
  • Professional development and training opportunities

Company Culture

  • Innovation: We emphasize innovation in our actuarial practices and solutions.
  • Teamwork: Collaboration and teamwork are at the heart of what we do.
  • Integrity: Our commitment to integrity sets us apart in the industry.
Status: Open