Actuary

Job Description

As an Actuary in Durban, you will play a vital role in shaping our strategic direction and ensuring compliance with industry standards. You will apply your statistical expertise to monitor and report on the company's financial health, collaborating with other experts to develop innovative and competitive insurance products.

Responsibilities

• Prepare comprehensive financial models for various scenarios.
• Facilitate workshops to promote risk awareness within the organisation.
• Analyze competitor pricing and propose competitive strategies.
• Maintain and update actuarial databases and systems to ensure accuracy.
• Participate in discussions regarding corporate strategy and risk management.

Requirements

Education

• Bachelor's degree in Actuarial Science or Mathematics-related field
• Master's degree in Actuarial Science preferred

Experience

• 5+ years in an actuarial role within the insurance sector

Technical Skills

• Financial Modelling
• Excel and Spreadsheet Software

Soft Skills

• Detail-Oriented
• Team Player

Certifications

• Fellow of the Society of Actuaries (FSA)
• Certified Actuarial Analyst (CAA)

Languages

• English: Fluent

Advantageous

• Experience in health insurance actuarial modelling: Exposure to health insurance metrics and risk factors.
• Knowledge of regulatory compliance: Up-to-date understanding of insurance regulations and compliance procedures.

Benefits

• Comprehensive health insurance plans
• Performance bonuses and incentives
• Annual leave and paid time off
• Employee assistance programs

Company Culture

• Diversity and Inclusion: We value diversity and create an inclusive culture that respects different backgrounds and experiences.
• Continuous Development: We believe in continuous development and provide resources for our employees' growth.