Actuary

Durban FULL TIME R50,000 - R66,667 / Month
(R600,000 - R800,000 / Year)

Job Description

We are seeking a skilled Actuary to join our dynamic team in Durban. The successful candidate will play a critical role in assessing financial risks, analyzing data, and developing insurance products that keep our clients protected and satisfied.

Responsibilities

  • Conduct statistical analyses to evaluate potential risks.
  • Collaborate with underwriters to refine pricing strategies.
  • Advise management on strategic decisions based on data-driven insights.
  • Develop and implement actuarial methodologies.
  • Support finance and operations in resource allocation.
  • Contribute to the risk management framework.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics or Statistics
  • Fellowship in a recognized actuarial society is preferred
Experience
  • 3-5 years of experience in actuarial roles
Technical Skills
  • Statistical Analysis
  • Financial Modelling
  • Data Visualization Tools
Soft Skills
  • Analytical Thinking
  • Communication
Certifications
  • Associate of the Society of Actuaries (ASA)
  • Fellowship of the Society of Actuaries (FSA) is a plus
Languages
  • English: Fluent

Advantageous

  • Experience with data analysis software such as R or Python: Familiarity with programming languages and tools used for complex data analysis.
  • Knowledge of the insurance regulatory landscape: Understanding of compliance requirements in the insurance industry.

Benefits

  • Competitive salary and performance bonuses
  • Health and wellness benefits
  • Pension contribution
  • Professional development opportunities
  • Flexible working hours

Company Culture

  • Collaborative Environment: We believe in teamwork and open communication to drive success.
  • Commitment to Growth: Our company supports continuous learning and professional development.
  • Diversity and Inclusion: We foster a culture that values diverse perspectives and backgrounds.
Status: Open