Actuarial Analyst

Job Description

We are on the lookout for an Actuarial Analyst to join our team in Johannesburg. This role is perfect for someone who thrives on data analysis and enjoys tackling complex problems in the insurance sector. The successful candidate will apply their actuarial skills to carry out risk assessments, model potential outcomes, and support the development of new products to meet the needs of our clients.

Responsibilities

• Model potential financial outcomes based on different scenarios.
• Evaluate and improve current actuarial models for efficiency.
• Collaborate with cross-functional teams to enhance product offerings.
• Present findings and recommendations to stakeholders and senior management.
• Ensure all actuarial processes comply with the latest industry regulations.
• Conduct peer reviews of actuarial analyses for quality assurance.
• Train and mentor junior analysts on best practices.

Requirements

Education

• Bachelor's degree in Mathematics, Statistics, or Actuarial Science
• Postgraduate qualification is a plus

Experience

• 3+ years of experience in actuarial or quantitative analysis

Technical Skills

• Data Analysis Tools
• Python

Soft Skills

• Critical Thinking
• Team Collaboration

Certifications

• Fellow of the Actuarial Society of South Africa (FASSA)
• Certificate in Advanced Actuarial Studies

Languages

• English: Fluent

Advantageous

• Skills in Predictive Analytics: Experience in applying predictive analytics in the insurance sector.
• Familiarity with VBA: Experience with programming using Visual Basic for Applications.

Benefits

• Comprehensive medical Insurance plans
• Retirement savings options with employer contributions
• Generous leave policies including annual leave and sick leave
• Training and certification support for career advancement

Company Culture

• Innovation: Encouraging innovative thinking and creative solutions is at the heart of our work culture.
• Work-Life Balance: We believe in supporting a balanced work and personal life for our employees.
• Open Communication: We promote transparency and open communication between all levels of the organization.