Insurance Risk Analyst - Sandton - Actuarial Science

Sandton Full-time R41,667 - R58,333 / Month
(R500,000 - R700,000 / Year)

Job Description

As an Insurance Risk Analyst, you will utilize your actuarial expertise to assess and mitigate risks within insurance portfolios. Your role will involve analyzing data, developing risk models, and collaborating with stakeholders to ensure sound risk management practices.

Responsibilities

  • Analyze historical data to identify trends and forecast future risks.
  • Design risk management frameworks that comply with regulatory standards.
  • Utilize statistical software to produce data-driven insights.
  • Engage with external stakeholders to facilitate discussions on risk management strategies.
  • Review and enhance existing risk management policies and processes.
  • Assist in the preparation of presentations for senior management.

Requirements

Education
  • Bachelor's degree in Finance, Statistics, or a related field
  • Master's degree is an advantage
Experience
  • 4+ years of relevant experience in an insurance or actuarial role
Technical Skills
  • Statistical Software (e.g., SAS)
  • Risk Management Principles
Soft Skills
  • Team Collaboration
  • Problem-Solving
Certifications
  • Certified Risk Manager (CRM)
  • Actuarial Analyst Certification
Languages
  • English: Fluent

Advantageous

  • Experience utilizing data visualization tools (e.g., Tableau): Hands-on experience in presenting complex data visually.
  • Knowledge of underwriting processes: Familiarity with the underwriting mechanisms in the insurance sector.

Benefits

  • Comprehensive medical aid coverage
  • Pension plan with company match
  • Annual bonuses based on performance
  • Work-from-home flexibility

Company Culture

  • Innovation-Driven: We motivate our team to be creative and innovative in their problem-solving approaches.
  • Career Growth Opportunities: We provide ample opportunities for career advancement and promotions.
  • Community Engagement: We participate in various community service activities, fostering a culture of giving back.
Status: Closed