Actuary

Durban FULL TIME R50,000 - R75,000 / Month
(R600,000 - R900,000 / Year)

Job Description

We are on the lookout for a skilled Actuary to join our Durban team. The successful candidate will analyze data and assess risks to assist in designing and implementing insurance policies. This role requires analytical thinking and the ability to present complex information in a clear manner.

Responsibilities

  • Analyze risk data and develop models to assess financial risk.
  • Prepare reports for stakeholders that summarize risk assessments and recommendations.
  • Collaborate with other departments to enhance our insurance products.
  • Monitor and evaluate the effectiveness of existing insurance policies.
  • Utilize statistical methodologies to interpret complex data sets.
  • Assist in the pricing of insurance products based on risk analysis.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Fellowship in the Actuarial Society of South Africa (ASSA) is preferred
Experience
  • 3+ years of experience in actuarial analysis or a related role
Technical Skills
  • Statistical Analysis
  • Risk Assessment
  • Excel and Actuarial Software
Soft Skills
  • Analytical Thinker
  • Effective Communication
  • Team Player
Certifications
  • Associate of the Society of Actuaries (ASA)
  • Chartered Enterprise Risk Analyst (CERA)
Languages
  • English: Fluent

Advantageous

  • Experience with predictive modeling techniques: Expertise in using predictive analytics to improve forecasting accuracy.
  • Familiarity with financial regulations and compliance: Knowledge of compliance standards relevant to the insurance sector.

Benefits

  • Competitive salary and performance-based bonuses
  • Comprehensive health insurance
  • Retirement fund contributions
  • Generous annual leave and holiday break

Company Culture

  • Supportive Environment: Our team thrives in a supportive and collaborative environment where every team member contributes to our success.
  • Innovation Driven: We encourage innovative ideas and approaches to problem-solving.
  • Commitment to Diversity: We are committed to building a diverse workforce, welcoming applicants from all backgrounds.
Status: Open