Actuary

Johannesburg Full-time R50,000 - R75,000 / Month
(R600,000 - R900,000 / Year)

Job Description

Join our team as an Actuary where you will employ your expertise to evaluate financial uncertainties and support strategic decision-making. The role involves risk assessment and modeling, along with regular collaboration with various departments to ensure sound financial practices.

Responsibilities

  • Analyze statistical data using actuarial methodologies to assess risk.
  • Develop pricing models for various insurance products.
  • Prepare reports and present findings to stakeholders.
  • Advise on risk mitigation strategies and financial trends.
  • Collaborate with underwriters and other departments to ensure best practices.
  • Monitor claims data to identify trends and necessary changes.
  • Provide guidance for regulatory compliance.
  • Evaluate and enhance existing actuarial processes.
  • Implement software tools for enhanced data analysis.
  • Stay up to date with industry developments and actuarial standards.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or a related field
  • Professional qualification (e.g., ASSA, SOA) strongly preferred
Experience
  • 5+ years of experience in actuarial roles, preferably within the insurance industry
Technical Skills
  • Statistical Analysis
  • Financial Modelling
  • Software Proficiency (Excel, R, Python)
Soft Skills
  • Critical Thinking
  • Communication Skills
Certifications
  • Fellow of the Society of Actuaries or equivalent
Languages
  • English: Fluent

Advantageous

  • Experience in machine learning techniques: Knowledge of applying machine learning for predictive analysis in actuary tasks.
  • Experience with SQL databases: Proficiency in database management and SQL for data retrieval and manipulation.

Benefits

  • Competitive salary with performance bonuses
  • Health and wellness benefits
  • Retirement savings plan
  • Flexible work hours
  • Professional development opportunities

Company Culture

  • Team Collaboration: We believe in fostering a collaborative environment that promotes teamwork and innovation.
  • Integrity and Professionalism: Our commitment to ethical practices and professionalism guides our business decisions.
  • Diversity and Inclusion: We promote a diverse workforce and an inclusive workplace culture where everyone is valued.
Status: Closed