Actuarial Analyst

Job Description

Join our Cape Town office as an Actuarial Analyst, where you will provide crucial analytical support to the business through the interpretation of data and risk modeling. Ideal candidates will have a keen eye for detail, experience with actuarial software, and strong problem-solving abilities.

Responsibilities

• Calculate and communicate reserve requirements for various products.
• Perform stress testing and scenario analysis to advise decision-makers.
• Assess the adequacy of pricing models and strategies.
• Mentor junior actuarial staff and assist in their professional development.
• Prepare responses for regulatory submissions and company audits.
• Facilitate workshops or training sessions on actuarial models as needed.

Requirements

Education

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field
• Actuarial exams progress towards full qualification preferred

Experience

• 2+ years of experience in actuarial roles or relevant internships

Technical Skills

• Excel
• R / Python
• Statistical Software

Soft Skills

• Analytical Thinking
• Communication
• Problem-Solving

Certifications

• Fellow of the Society of Actuaries (FSA) or similar
• Professional Risk Manager (PRM) certification preferred

Languages

• English: Fluent

Advantageous

• Exposure to life insurance or pension sectors: Experience in actuarial roles within the life insurance or pension sectors is advantageous.
• Familiarity with regulatory frameworks: Knowledge of the legislation affecting the actuarial profession in South Africa.

Benefits

• Competitive salary and performance bonuses
• Comprehensive health insurance
• Retirement savings plan with company contributions
• Ongoing professional development opportunities

Company Culture

• Team-Oriented Environment: We encourage collaboration and teamwork among our staff.
• Commitment to Innovation: We value innovative ideas and continuous improvement.
• Diversity and Inclusion: We are committed to diversity in our workplace and value perspectives from all employees.