Actuarial Analyst

Polokwane FULL TIME R29,167 - R54,167 / Month
(R350,000 - R650,000 / Year)

Job Description

Join us as an Actuarial Analyst, where your contributions will directly impact our pricing strategies and risk management processes. You will be engaged in comprehensive data analysis, modeling, and reporting. The ideal candidate should possess a solid foundation in actuarial principles, in-depth knowledge of statistical software, and the ability to communicate findings effectively.

Responsibilities

  • Utilize statistical software to perform complex calculations.
  • Evaluate the impact of various scenarios on pricing and risk.
  • Work with cross-functional teams to devise data-driven solutions.
  • Assist in the review of reserves and capital analyses.
  • Contribute to the design of new insurance products.
  • Support the development of internal reporting standards.

Requirements

Education
  • Bachelor's degree in Mathematics or related field
  • Master's degree in Actuarial Science is preferred
Experience
  • 2-4 years of experience in actuarial roles
Technical Skills
  • Excel/VBA
  • Statistical Tools (e.g., R, SAS)
Soft Skills
  • Problem-Solving
  • Teamwork
Certifications
  • Certificate in Quantitative Finance (CQF)
  • Associate of the Society of Actuaries (ASA)
Languages
  • English: Fluent

Advantageous

  • An understanding of predictive analytics: Experience in predictive modeling techniques.
  • Knowledge of international actuarial standards: Familiarity with international standards can be beneficial.

Benefits

  • Comprehensive health benefits and pension plans
  • Quarterly performance bonuses
  • Sponsorship for exam fees related to actuarial qualification
  • Work-life balance initiatives

Company Culture

  • Innovation: We encourage innovative ideas and approaches to enhance our services.
  • Employee Well-Being: We prioritize the well-being of our employees with various wellness programs.
  • Community Engagement: Our company is dedicated to giving back to the community and promoting social responsibility.
Status: Open