Actuarial Analyst

Job Description

As an Actuarial Analyst at Insurance Solutions Corp., you will harness your analytical skills to evaluate financial risks, devise pricing methodologies, and support our business strategies. This role involves significant interaction with other teams to enhance understanding of data-driven insights that impact our insurance offerings.

Responsibilities

• Analyze insurance data and financial models to assess risk and profitability.
• Develop and implement pricing models for various insurance products.
• Prepare technical reports and presentations for stakeholders.
• Collaborate with other departments to provide sound actuarial advice.
• Monitor changes in legislation and compliance requirements.
• Contribute to developing actuarial software and tools.
• Support the annual financial reporting process with actuarial inputs.
• Assist in validating and interpreting actuarial data.
• Participate in risk assessment activities for new insurance products.
• Communicate findings effectively to non-technical stakeholders.

Requirements

Education

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

Experience

• 2+ years of experience in actuarial analysis or insurance

Technical Skills

• Statistical Analysis
• Excel
• R or Python

Soft Skills

• Analytical thinking
• Communication

Certifications

• Actuarial Society of South Africa (ASSA) qualification

Languages

• English: Fluent

Advantageous

• Fellow of the Actuarial Society of South Africa (FASSA): Holding this fellowship signifies expertise in actuarial practice.
• Experience with predictive analytics tools: Knowledge of using tools for predictive modeling and risk assessment.

Benefits

• Competitive salary with performance bonuses
• Medical aid and pension fund
• Flexible working hours
• Opportunities for professional development

Company Culture

• Collaborative Environment: We encourage teamwork and open communication to foster innovation.
• Focus on Growth: Our company is dedicated to providing opportunities for training and advancement.
• Diversity and Inclusion: We celebrate diverse perspectives and backgrounds within our workplace.