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

  • Implement and refine actuarial models for better client risk segmentation.
  • Research industry trends and legislative changes that may impact insurance practices.
  • Provide training and mentorship to junior actuarial staff.
  • Continuously improve processes within the actuarial department.
  • Advise on regulatory compliance related to actuarial matters.
  • Actively participate in customer engagement initiatives to promote transparency in our processes.

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

  • Understanding of international financial reporting standards (IFRS): Knowledge of IFRS and its application in financial reporting.
  • Experience in actuarial consulting: Prior experience providing actuarial services to client organizations.

Benefits

  • Health and dental insurance coverage
  • Retirement savings plan with employer matching
  • Flexible work arrangements
  • Professional development opportunities

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