Actuary

Job Description

As an Actuary in our Johannesburg branch, you will play a critical role in analyzing financial data to forecast future risks and costs. Your work will support strategic decisions, ensuring that we maintain our competitive edge in the market.

Responsibilities

• Create and implement actuarial models to effectively evaluate risks.
• Analyze data trends to propose prudent adjustments to insurance product pricing.
• Coordinate with cross-departmental teams on financial outlook and strategic decisions.
• Conduct stress testing and scenario analyses for policy development.
• Continuously monitor regulatory changes affecting actuarial practices and advise management.
• Evaluate the impact of structural changes within the company on risk assessment.
• Prepare and review reports that summarize risk exposure assessments.
• Assist in mentoring junior actuarial staff and trainees.

Requirements

Education

• Bachelor's degree in Actuarial Science, Mathematics, or Statistics
• Several actuarial examinations passed

Experience

• 3-5 years of experience in actuarial roles

Technical Skills

• Statistical Software (SAS, R or Python)
• Risk Assessment Techniques

Soft Skills

• Analytical Skills
• Communication Skills

Certifications

• Fellowship of the Casualty Actuarial Society (FCAS)
• Associate of the Society of Actuaries (ASA)

Languages

• English: Fluent
• Afrikaans: Intermediate

Advantageous

• Experience in financial database management systems: Knowledge in managing and querying financial databases for accurate reporting.
• Familiarity with regulatory requirements: Understanding of compliance protocols surrounding actuarial practices.

Benefits

• Comprehensive health care plans
• Retirement savings plan with company contribution
• Performance bonuses
• Ongoing professional development opportunities

Company Culture

• Innovation: We encourage innovative thinking and a collaborative environment.
• Professional Growth: Opportunities for continuous learning and career development.
• Integrity: We value integrity and professionalism in all our engagements.