Actuary

Johannesburg FULL TIME R50,000 - R66,667 / Month
(R600,000 - R800,000 / Year)

Job Description

As an Actuary at Insurance Solutions Ltd., you will be responsible for conducting quantitative analyses to support our insurance offerings. You will collaborate with cross-functional teams to provide insights that drive our underwriting decisions and ensure we meet regulatory requirements.

Responsibilities

  • Conduct comprehensive risk assessments for various insurance offerings.
  • Collaborate closely with finance and underwriting teams.
  • Prepare annual financial reports reflecting actuarial insights.
  • Analyze data trends to forecast future outcomes.
  • Maintain compliance with regulatory standards.
  • Present findings to stakeholders and provide actionable recommendations.
  • Participate in peer reviews of actuarial work and methodologies.
  • Support the implementation of risk management strategies.

Requirements

Education
  • Bachelor's degree in Mathematics, Statistics or Actuarial Science
  • Master's degree preferred
Experience
  • Minimum 4+ years of experience in a similar role
Technical Skills
  • SAS
  • Python
Soft Skills
  • Critical Thinking
  • Team Collaboration
Certifications
  • Associate of the Society of Actuaries (ASA)
Languages
  • English: Fluent

Advantageous

  • Familiarity with data visualization tools: Experience in data visualization for effectively representing risk assessments.
  • Advanced Excel skills: High proficiency in complex Excel calculations and modeling.

Benefits

  • Attractive salary package with annual reviews
  • Health and wellness programs
  • Flexible working arrangements
  • Support for ongoing education and training

Company Culture

  • Empowerment: We empower our employees with the tools and support they need for success.
  • Ethics: We uphold the highest ethical standards in all our practices.
  • Respect: Respect is a fundamental value in our corporate culture.
Status: Closed