Actuary

Durban FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

We are seeking a skilled Actuary to become a key player in our Durban office. The successful candidate will excel in evaluating financial risks using mathematics, statistics, and financial theory. You will be tasked with analyzing the organization's overall insurance and financial strategies. A deep understanding of life and risk management products is essential.

Responsibilities

  • Conduct detailed investigations into specific claim histories.
  • Enhance the methodology for assessing insurance risks.
  • Collaborate with cross-functional teams for integrated solutions.
  • Support audit processes related to actuarial data.
  • Mentor junior actuaries and data analysts.

Requirements

Education
  • Bachelor's degree in Actuarial Science or Mathematics
  • Master's in Statistics is an advantage
Experience
  • 5+ years in the insurance industry
Technical Skills
  • Financial Modelling
  • Database Management
Soft Skills
  • Team Collaboration
  • Attention to Detail
Certifications
  • FSA Certification
  • CFA Certification is a bonus
Languages
  • English: Fluent

Advantageous

  • Advanced Excel Skills: Proficiency in Excel for complex calculations and data management.
  • Understanding of Regulatory Requirements: Knowledge of local and international regulations affecting the insurance industry.

Benefits

  • Health and wellness program
  • Performance-based bonuses
  • Work-life balance initiatives
  • Professional development budget

Company Culture

  • Corporate Social Responsibility: We are committed to making a difference in our communities.
  • Commitment to Growth: We provide ongoing training opportunities for our employees' development.
  • Work-Life Balance: Our team enjoys a healthy balance between work and personal life.
Status: Open