Actuarial Analyst

Durban FULL TIME R40,000 - R60,000 / Month
(R480,000 - R720,000 / Year)

Job Description

We seek a highly skilled Actuarial Analyst to enhance our analytical team in Durban. In this role, you'll utilize actuarial models and techniques to evaluate financial risks and assist in the development of insurance products and services.

Responsibilities

  • Support the development of actuarial policies and procedures.
  • Participate in audits and compliance reviews as needed.
  • Coordinate with IT to ensure data integrity and integration.
  • Mentor junior staff and assist in their professional growth.
  • Document methodologies and maintain accurate records of analyses.
  • Work effectively within a team to deliver projects on time.

Requirements

Education
  • Bachelor's or Master's degree in Actuarial Science or related field
  • Qualified actuary or in process of attaining qualification is advantageous
Experience
  • 2-4 years of experience in a relevant role
Technical Skills
  • Risk Assessment
  • Financial Reporting
Soft Skills
  • Communication
  • Teamwork
Certifications
  • Financial Risk Manager (FRM)
  • CFA Level 2 is a plus
Languages
  • English: Fluent

Advantageous

  • Experience with SAS or MATLAB: Proficiency in using SAS or MATLAB for actuarial calculations.
  • Participation in actuarial volunteer groups: Active involvement in actuarial societies or related community events.

Benefits

  • Health insurance, including dental and vision
  • Generous leave policies and work-life balance support
  • Professional development reimbursement
  • Team-building retreats and events

Company Culture

  • Innovation: We foster a culture of innovation, encouraging creative thinking and new ideas.
  • Diversity and Inclusion: We embrace diverse perspectives and experiences to enhance our work environment.
  • Commitment to Excellence: Striving for high-quality outcomes in every project we undertake is our priority.
Status: Open