Actuary

Port Elizabeth Full-time R50,000 - R66,667 / Month
(R600,000 - R800,000 / Year)

Job Description

As an Actuary at our firm, you’ll be at the forefront of risk evaluation. Your work will directly influence clients' risk management strategies, enhancing their decision-making processes. We encourage analytical thinkers who are keen on developing sound financial forecasts and pricing mechanisms that promote company growth and client satisfaction.

Responsibilities

  • Analyze statistical data to inform business decisions.
  • Prepare forecasts regarding insurance claims and other financial liabilities.
  • Evaluate the efficiency of current processes and suggest improvements.
  • Create documentation for new policies and procedures.
  • Engage with clients to understand their needs and provide tailored advice.
  • Utilize software tools for data modeling and analysis.
  • Monitor economic and regulatory developments in relation to financial projections.
  • Collaborate with finance and marketing teams to enhance customer solutions.
  • Review and interpret insurance contracts to manage risks efficiently.
  • Present findings to senior management and stakeholders.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Professional Actuary qualifications (e.g., ASSA or equivalent)
Experience
  • 3-5 years of actuarial experience in insurance or risk management
Technical Skills
  • Statistical Analysis
  • Actuarial Software (e.g., Prophet, AXIS)
  • Excel and VBA Programming
Soft Skills
  • Analytical Thinking
  • Communication
  • Attention to Detail
Certifications
  • Fellowship of the Society of Actuaries (FSA)
  • Associate of the Society of Actuaries (ASA)
Languages
  • English: Fluent

Advantageous

  • Experience with predictive modeling techniques: Knowledge in developing predictive models for risk assessment.
  • Familiarity with data visualization tools: Experience using tools like Tableau or Power BI to present data findings.

Benefits

  • Competitive salary and performance bonuses
  • Health insurance and wellness programs
  • Retirement savings plan with company matching
  • Professional development and learning opportunities
  • Flexible working hours

Company Culture

  • Innovation: We encourage inventive thinking and innovative approaches to problem-solving.
  • Collaboration: Teamwork is key; we value diverse perspectives and cooperative processes.
  • Continuous Learning: The firm supports ongoing education and professional growth.
Status: Open