Life Insurance Actuary

Job Description

Join our innovative team as a Life Insurance Actuary, where you will apply your analytical skills to evaluate financial risks and assist in the development of insurance products. The ideal candidate will possess a strong background in actuarial science and be passionate about creating impactful financial strategies.

Responsibilities

• Lead actuarial projects from inception to implementation, ensuring alignment with business objectives.
• Conduct sensitivity analyses to understand the impact of different variables on product performance.
• Work with IT and data teams to enhance actuarial data management systems.
• Prepare and present findings to stakeholders to support key business decisions.
• Engage in continuous professional development to stay current with industry changes.
• Participate in cross-departmental strategy sessions to foster collaborative product development.

Requirements

Education

• Master's degree in Actuarial Science, Finance or Statistics.
• Fellowship in a recognised actuarial society (e.g., ASSA) is highly regarded.

Experience

• 5+ years of experience in a similar role in the life insurance industry.

Technical Skills

• Data Analysis Tools
• Risk Assessment

Soft Skills

• Problem-solving
• Presentation Skills

Certifications

• Certified Actuarial Analyst (CAA)
• Fellowship in Actuarial Society of South Africa (ASSA)

Languages

• English: Fluent

Advantageous

• Experience in financial reporting: Ability to prepare financial reports concerning insurance portfolios.
• Proficiency in actuarial software: Proficient with tools like Prophet or AXIS for actuarial modelling.

Benefits

• Competitive salary with performance bonuses
• Comprehensive medical aid cover
• Generous leave policies
• Support for continuous professional development

Company Culture

• Continuous Learning: We support continuous learning to ensure our team stays ahead of industry trends.
• Work-Life Balance: We promote a healthy work-life balance, recognizing the importance of personal time.
• Employee Empowerment: We empower our employees, providing them with the resources needed to excel.