Actuarial Analyst

Port Elizabeth Full-time R30,000 - R45,000 / Month
(R360,000 - R540,000 / Year)

Job Description

We are looking for an experienced Actuarial Analyst to join our growing team in Port Elizabeth. The ideal candidate will possess strong quantitative skills and a passion for problem-solving, along with a dedication to providing high-quality analyses and insights.

Responsibilities

  • Conduct detailed analysis of data sets to assess risk profiles.
  • Develop and maintain actuarial models for forecasting and budgeting.
  • Collaborate with cross-functional teams to improve data processes and systems.
  • Prepare reports and presentations that communicate complex analytical findings clearly.
  • Assist in the pricing of insurance products based on actuarial calculations.
  • Provide technical support and guidance to junior analysts.
  • Stay updated with industry trends and regulatory changes.

Requirements

Education
  • Bachelor's degree in Actuarial Science or related field
  • Master's degree preferred but not required
Experience
  • 5+ years of experience in actuarial analysis or related positions
Technical Skills
  • Advanced Excel
  • Data Visualization Tools (Tableau, Power BI)
Soft Skills
  • Problem-solving
  • Team Player
Certifications
  • Fellow of the Actuarial Society of South Africa (FASSA)
  • Chartered Enterprise Risk Analyst (CERA)
Languages
  • English: Fluent

Advantageous

  • Experience with statistical analysis software (SAS, SPSS): Expertise in statistical analysis and model validation using software packages.
  • Understanding of insurance industry regulations: Good knowledge of compliance requirements in the actuarial field.

Benefits

  • Medical aid and pension fund contribution
  • Annual performance bonuses
  • Opportunities for further training and certification
  • Flexible working hours

Company Culture

  • Collaboration: We promote a collaborative culture where every team member’s input is valued.
  • Innovation: We encourage innovative thinking and strategic problem-solving in all our projects.
  • Inclusivity: Our workplace is inclusive and encourages a diverse workforce to enrich our thinking.
Status: Open