Actuarial Analyst

Johannesburg FULL TIME R37,500 - R50,000 / Month
(R450,000 - R600,000 / Year)

Job Description

Join our actuarial team as an Analyst where you will provide insights through data analysis and risk assessment. This role is crucial in aiding our experts in preparing statistical reports and developing predictive models to improve client solutions.

Responsibilities

  • Analyze quantitative data to assess risk and develop solutions.
  • Work on various actuarial projects, closely monitoring results.
  • Communicate complex technical results to a non-technical audience.
  • Develop models to assess the solvency of insurance products.
  • Assist in preparing pricing models and cost analysis.
  • Support the design of tests to validate actuarial assumptions.
  • Engage in peer reviews of actuarial analyses and calculations.
  • Provide training and guidance to junior analysts.
  • Document methodologies and ensure adherence to documentation standards.
  • Participate in acts of community outreach as required.

Requirements

Education
  • Bachelor's degree in Actuarial Science or Mathematics
  • Professional actuarial qualifications preferable
Experience
  • 3+ years in an actuarial environment focusing on risk analysis
Technical Skills
  • Statistical Modelling
  • SQL for Data Manipulation
Soft Skills
  • Attention to Detail
  • Communication
Certifications
  • Fellow of the Actuarial Society of South Africa (FASSA)
  • Certified Risk Management Professional (CRMP)
Languages
  • English: Fluent

Advantageous

  • Experience with Actuarial Software: Hands-on experience with industry-standard actuarial software packages.
  • Skills in Machine Learning Techniques: Knowledge of applying machine learning algorithms to actuarial problems.

Benefits

  • Health, dental, and vision insurance
  • Retirement savings plan with employer matching
  • Employee wellness programs and benefits
  • Opportunities for professional development

Company Culture

  • Diversity and Inclusion: We embrace diversity and strive to create an inclusive workplace for all.
  • Community Engagement: Encouraging employee involvement in local community initiatives.
  • Work-Life Balance: We promote a healthy work-life balance to enhance job satisfaction.
Status: Open