Actuarial Scientist

Durban FULL TIME R41,666 - R58,333 / Month
(R500,000 - R700,000 / Year)

Job Description

As an Actuarial Scientist, you will play a key role in interpreting data to help improve our financial strategies. You will engage in predictive modeling and statistical analysis, impacting our pricing and product development initiatives.

Responsibilities

  • Perform actuarial calculations and risk assessments regularly.
  • Utilize statistical software to analyze data and produce forecasts.
  • Present findings and recommendations to team executives.
  • Mentor junior actuarial staff and oversee their projects.
  • Collaborate on product development and profitability analysis.
  • Document methodologies and assumptions for audits and regulatory compliance.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or a related field
  • Fellowship with an actuarial society is preferred
Experience
  • 3-5 years of relevant experience in actuarial roles
Technical Skills
  • Forecasting
  • Statistical Analysis
Soft Skills
  • Analytical Thinking
  • Communication
Certifications
  • Associate of the Society of Actuaries (ASA)
  • Fellow of the Society of Actuaries (FSA)
Languages
  • English: Fluent

Advantageous

  • Experience in predictive modeling: Hands-on experience with predictive analytics tools.
  • Knowledge of regulatory guidelines: Familiarity with the Insurance Act and associated regulations.

Benefits

  • Comprehensive health and wellness benefits
  • Retirement savings plan with company matching
  • Flexible work hours and opportunities for remote work
  • Professional development budget

Company Culture

  • Integrity: We uphold the highest ethical standards and transparency in our work.
  • Innovation: We encourage new ideas and solutions that promote growth and improvement.
  • Collaboration: Teamwork and cooperation are integral to our success.
Status: Open