Actuarial Analyst

Johannesburg FULL TIME R29,167 - R45,833 / Month
(R350,000 - R550,000 / Year)

Job Description

Join our team as an Actuarial Analyst where you will analyze financial risks using mathematics, statistics, and financial theory. Our ideal candidate will have a keen eye for detail and the ability to interpret complex data, contributing to strategic decision-making processes.

Responsibilities

  • Analyze and interpret complex data pertaining to financial risk.
  • Develop predictive models to enhance product development strategies.
  • Collaborate with underwriting teams to support risk selection processes.
  • Maintain actuarial databases and conduct regular updates for accuracy.
  • Stay updated with industry trends and regulations to ensure compliance.
  • Assist in internal audits regarding actuarial valuations.
  • Provide training and mentoring to junior staff members.

Requirements

Education
  • Master's degree in Actuarial Science or similar discipline is preferred
  • Professional actuarial designation (e.g., Fellow of the Society of Actuaries)
Experience
  • 3+ years of experience in actuarial analysis or consulting roles
Technical Skills
  • Quantitative Analysis
  • Programming (R, Python)
Soft Skills
  • Problem-solving
  • Team Player
Languages
  • English: Fluent

Advantageous

  • Familiarity with predictive modeling and machine learning: Understanding of ML techniques for insurance claims analysis.
  • Second actuarial designation (e.g., AIA, CERA): Possession of a second designation adds value for this role.

Benefits

  • Generous leave policy and work-life balance initiatives.
  • Access to employee wellness programs.
  • Flexible work hours to support personal commitments.
  • Opportunities for advancement within the company.

Company Culture

  • Innovation Driven: We promote a culture of innovation where every idea is valued and explored.
  • Respectful Communications: We encourage open discussions and value feedback from all levels.
  • Ethical Practices: Our commitment to integrity drives our business practices and decision-making.
Status: Open