Actuarial Analyst

Job Description

We are seeking a detail-oriented Actuarial Analyst with strong analytical skills to join our dynamic team in Johannesburg. The successful candidate will be involved in data analysis, financial modeling, and risk assessment to aid in strategic decision-making. The ideal candidate will have a solid foundation in mathematics, statistics, and programming skills, particularly in using actuarial software.

Responsibilities

• Conduct data analysis to evaluate financial risks and opportunities.
• Develop financial models to support pricing and underwriting decisions.
• Assist in the preparation of actuarial reports and presentations.
• Collaborate with other departments for integrated financial solutions.
• Evaluate existing processes and recommend improvements.
• Ensure compliance with regulatory standards and actuarial principles.
• Prepare statistical reports for management review.
• Support the actuarial team in project work and client engagement.

Requirements

Education

• Bachelor's degree in Actuarial Science, Mathematics, or a related field
• Actuarial exams progress preferred

Experience

• 2+ years of experience in actuarial analytics or related field

Technical Skills

• Statistical Analysis
• Actuarial Software (e.g., Prophet, GGY AXIS)

Soft Skills

• Analytical Thinking
• Communication

Certifications

• Society of Actuaries (SOA) Membership
• Fellowship (if applicable)

Languages

• English: Fluent

Advantageous

• Experience in insurance industry analytics: Understanding of pricing and claims analysis.
• Familiarity with data visualization tools (e.g., Tableau): Ability to create insightful data visualizations.

Benefits

• Competitive salary package
• Performance bonuses
• Comprehensive medical aid
• Flexible working hours

Company Culture

• Innovation: We value creativity and innovative thinking to drive our business forward.
• Teamwork: We believe in collaboration and support among our colleagues.
• Diversity: We embrace diversity in our workforce and champion inclusive practices.