Actuary

Job Description

We are looking for a skilled Actuary to join our dedicated team in Port Elizabeth. The ideal candidate will have a strong analytical background and experience in risk assessment, enabling them to provide crucial insights into our insurance products and strategies.

Responsibilities

• Design and build predictive models to forecast insurance claims.
• Analyse company data to assist in financial planning and strategy.
• Ensure compliance with relevant financial regulatory bodies.
• Collaborate with IT to enhance data collection and analysis processes.
• Report findings to senior management and recommend actionable solutions.
• Engage in continuous professional development to keep up with industry trends.

Requirements

Education

• Bachelor's degree in Actuarial Science, Mathematics, or related field
• Professional actuarial qualification (e.g., SOA, CAS) is an advantage

Experience

• Minimum of 3 years of experience in actuarial roles or related fields

Technical Skills

• Statistical Analysis
• Excel and Actuarial Software
• Financial Modelling

Soft Skills

• Problem-solving
• Communication

Certifications

• Fellow of the Society of Actuaries (FSA)
• Associate of the Society of Actuaries (ASA)

Languages

• English: Fluent

Advantageous

• Experience with predictive modelling and data analytics tools: Familiarity with tools like Python and advanced Excel techniques.
• Knowledge of regulatory compliance in the insurance sector: Understanding of South African insurance regulations.

Benefits

• Competitive salary with performance bonuses
• Comprehensive health insurance including dental and vision
• Retirement savings plan with employer contributions
• Flexible working hours and potential for remote work

Company Culture

• Team Collaboration: We promote a collaborative work environment where everyone works together toward common goals.
• Innovation: Our team is encouraged to innovate and think outside of the box, fostering a culture of creativity.
• Professional Development: We believe in continuous learning and provide opportunities for professional development and training.