Actuary

Johannesburg Full-time R50,000 - R66,667 / Month
(R600,000 - R800,000 / Year)

Job Description

We are seeking a skilled Actuary to join our Johannesburg office. The ideal candidate will leverage statistical and analytical methods to evaluate risk, particularly within the insurance and finance sectors. You'll be involved in designing and analyzing complex models to support business decisions and ensure compliance with industry standards.

Responsibilities

  • Conduct risk assessments and develop pricing models for various insurance products.
  • Analyze statistical data to draw insights and inform decision-making.
  • Prepare and present reports on findings to senior management and stakeholders.
  • Collaborate with other departments to design and implement risk mitigation strategies.
  • Monitor and evaluate the effectiveness of existing actuarial models and suggest improvements.
  • Stay updated with industry trends and regulatory requirements impacting actuarial practices.

Requirements

Education
  • BSc in Mathematics or Statistics
  • Actuarial Associate (AA) status or equivalent preferred
Experience
  • 4+ years in actuarial consulting or relevant experience
Technical Skills
  • Financial Modeling
  • Programming (R, Python)
Soft Skills
  • Problem-solving
  • Detail-oriented
Certifications
  • Chartered Enterprise Risk Analyst (CERA)
Languages
  • English: Fluent
  • Afrikaans: Conversational

Advantageous

  • Knowledge of IFRS 17: Understanding of international financial reporting standards and their impact on actuarial practices.
  • Experience in Machine Learning: Experience using machine learning techniques for predictive analytics in an actuarial context.

Benefits

  • Competitive salary and performance-based bonuses
  • Health insurance, including dental and vision coverage
  • Generous retirement plan with employer matching
  • Opportunity for continuous professional development

Company Culture

  • Inclusive Environment: We promote diversity and inclusion, welcoming individuals from all backgrounds to foster creativity and innovation.
  • Continuous Growth: We prioritize the development of our employees, offering various training and growth opportunities.
  • Collaborative Team Spirit: Our culture encourages collaboration among all team members to achieve common goals.
Status: Open