Actuarial Analyst

Johannesburg Full-time R25,000 - R41,667 / Month
(R300,000 - R500,000 / Year)

Job Description

We are looking for a proactive Actuarial Analyst to enhance our analytical capabilities. This role involves rigorous data analysis, risk assessment, and the application of statistical methods to forecast trends. By transforming data into actionable insights, you will play a crucial role in our strategic planning and offer valuable recommendations based on your findings.

Responsibilities

  • Analyze demographic data to assess mortality and morbidity rates.
  • Support the actuarial team in preparing statutory and regulatory reports.
  • Utilize software tools to refine processes and enhance reporting accuracy.
  • Interpret and validate model outputs to ensure reliability in decision-making.
  • Help prepare quarterly and annual actuarial valuations.
  • Engage with underwriters to assess and manage portfolio risks.
  • Assist with the review and interpretation of modelling assumptions.
  • Participate in cross-departmental projects to enhance data-sharing practices.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or Statistics
  • Actuarial qualifications (e.g. ASSA exam completion) are preferred
Experience
  • 2-4 years of relevant experience in actuarial analysis
Technical Skills
  • Statistical Modelling
  • Data Analysis Tools (e.g., R, Python, SAS)
  • Excel
Soft Skills
  • Analytical Thinking
  • Communication
Certifications
  • ASSA or equivalent
  • FSA or equivalent will be advantageous
Languages
  • English: Fluent

Advantageous

  • Experience with SQL and database management: Proficiency in database querying and management for data analysis.
  • Knowledge of financial regulations and compliance: Understanding of regulatory frameworks affecting the industry.

Benefits

  • Competitive salary and performance bonuses
  • Health and wellness benefits
  • Flexible working hours
  • Opportunities for professional development

Company Culture

  • Integrity: We value honesty and transparency in all our processes and interactions.
  • Innovation: We foster a culture of innovation, encouraging creativity and open-mindedness.
  • Teamwork: We work collaboratively, valuing diverse inputs and fostering a sense of community.
Status: Closed