Actuarial Analyst

Mbombela FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

Join our team as an Actuarial Analyst, where you will leverage your analytical skills to interpret complex data sets and facilitate effective risk management. Your contributions will directly influence strategic decisions and shape the financial landscape of our organization.

Responsibilities

  • Analyze statistical data to identify trends, risks, and opportunities in financial outcomes.
  • Develop and maintain actuarial models to support pricing and risk assessments.
  • Prepare detailed reports and presentations to communicate findings to stakeholders.
  • Collaborate with underwriting and finance teams to align risk strategies.
  • Assist in the development of new products based on risk analysis.
  • Stay updated with industry trends and regulatory requirements.
  • Conduct experience studies and peer reviews to validate assumptions.
  • Support the preparation of financial statements and forecasts.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field
  • Additional actuarial exams are beneficial
Experience
  • Minimum of 2 years of experience in an actuarial role or related field
Technical Skills
  • Data Analysis
  • Statistical Modeling
Soft Skills
  • Critical Thinking
  • Communication

Advantageous

  • Fellowship in the Society of Actuaries: Preferred but not mandatory; indicates advanced knowledge and skills.
  • Experience with actuarial software (e.g., Prophet, MoSes): Knowledge of industry-standard actuarial tools.
Status: Open