Actuarial Analyst

Durban FULL TIME R33,333 - R45,833 / Month
(R400,000 - R550,000 / Year)

Job Description

We are seeking a detail-oriented Actuarial Analyst who will be engaged in risk assessment and developing strategies to minimize financial risks. You will work alongside seasoned professionals and gain valuable experience in the financial services industry while contributing to projects that shape our company's future.

Responsibilities

  • Analyze statistical data relevant to insurance claims.
  • Develop predictive models to inform business strategies.
  • Collaborate with finance teams to report on financial positions.
  • Assist in the implementation of actuarial software tools.
  • Support the training of junior analysts in actuarial methodologies.
  • Ensure compliance with regulatory requirements in all analyses.
  • Contribute to risk assessment discussions with stakeholders.
  • Develop presentations to communicate findings effectively.
  • Support strategic initiatives with data-driven recommendations.
  • Review and validate data for accuracy and completeness.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Finance, or related field
  • Associate of the Society of Actuaries (ASA) preferred
Experience
  • 2+ years of experience in actuarial analysis
Technical Skills
  • Excel
  • R or Python
  • Statistical Analysis
Soft Skills
  • Analytical Thinking
  • Communication
  • Time Management
Certifications
  • Fellow of the Society of Actuaries (FSA)
  • Professional Risk Manager (PRM) certification
Languages
  • English: Fluent
  • Afrikaans: Conversational

Advantageous

  • Familiarity with SQL databases: Experience in querying and managing data in SQL.
  • Understanding of regulatory frameworks: Knowledge of local and international regulations affecting insurance.

Benefits

  • Competitive salary package.
  • Health and wellness benefits.
  • Retirement savings plan with contributions.
  • Opportunities for professional development.
  • Flexible working hours and policies.

Company Culture

  • Team Collaboration: We value teamwork and mutual support to achieve common goals.
  • Innovative Thinking: Encouraging creative solutions and innovative thinking within our teams.
  • Diversity and Inclusion: We strive to create a diverse and inclusive work environment.
Status: Closed