Actuary

Cape Town FULL TIME R50,000 - R66,667 / Month
(R600,000 - R800,000 / Year)

Job Description

Join us as an Actuary, where you will assess risks and help in developing new insurance products. The role requires strong technical skills to analyze data effectively and support the management team with quantified insights for better business decisions.

Responsibilities

  • Conduct thorough risk evaluation to provide insights into insurance and investment strategies.
  • Develop and maintain actuarial models for pricing and reserves.
  • Communicate findings to senior leadership to drive strategic decisions.
  • Collaborate with underwriting and sales to support policy development.
  • Maintain up-to-date knowledge of industry trends and regulatory requirements.
  • Conduct reviews of existing policies and terms to recommend improvements.
  • Participate in external audits and regulatory inspections as needed.

Requirements

Education
  • Bachelor's in Mathematics or related field
  • Master's in Actuarial Science is a plus
Experience
  • 3-5 years experience in actuarial roles
Technical Skills
  • Risk Management
  • Statistical Modeling
Soft Skills
  • Collaboration
  • Time Management
Certifications
  • Chartered Enterprise Risk Actuary (CERA)
Languages
  • English: Fluent

Advantageous

  • Advanced proficiency in SQL: Experience with database management and data analysis using SQL.
  • Knowledge of regulatory compliance: Understanding of regulatory requirements in the insurance industry.
Status: Closed