Actuarial Analyst

Durban FULL TIME R33,333 - R50,000 / Month
(R400,000 - R600,000 / Year)

Job Description

As an Actuarial Analyst, you will apply your quantitative reasoning to build statistical models and conduct trend analyses. Your expertise will directly impact product strategies and underwriting processes within our dynamic organization.

Responsibilities

  • Perform experience studies to support actuarial assumptions.
  • Collaborate with the IT department to streamline data collection processes.
  • Update internal databases and maintain accurate documentation of analyses.
  • Present findings to senior management in clear and concise formats.
  • Participate in professional development to enhance actuarial skills.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or Statistics
  • Fellowship in an actuarial society is advantageous
Experience
  • 3+ years of experience in actuarial roles, preferably in insurance
Technical Skills
  • Excel
  • R
  • SQL
  • Python
Soft Skills
  • Critical thinking
  • Communication
Certifications
  • Actuarial Society Certification
Languages
  • English: Fluent

Advantageous

  • Fellowship of the Actuarial Society of South Africa (ASSA): Preference for candidates who hold or are pursuing fellowship status.
  • Experience with Python and machine learning techniques: Hands-on experience in applying machine learning for actuarial purposes.

Benefits

  • Competitive salary and performance bonuses
  • Comprehensive health benefits
  • Retirement fund with employer contribution
  • Opportunities for professional development

Company Culture

  • Innovative Environment: We foster an environment that encourages innovative thinking and problem-solving.
  • Supportive Team: Our team is dedicated to supporting each other and valuing diverse ideas.
Status: Open