Actuarial Analyst

Durban FULL TIME R30,000 - R40,000 / Month
(R360,000 - R480,000 / Year)

Job Description

Join us as an Actuarial Analyst where you'll utilize your analytical skills to support actuarial projects. You will analyze data, provide insights, and help develop models that inform financial decisions. We're looking for someone who is detail-oriented, enjoys problem-solving, and is eager to learn in a fast-paced environment.

Responsibilities

  • Conduct statistical analyses to identify trends and insights.
  • Develop and maintain actuarial models to assess risk.
  • Collaborate with the finance team to interpret data findings.
  • Prepare reports and presentations for stakeholders.
  • Support the actuarial team in product development.
  • Continuously improve methodologies and processes.
  • Assist in pricing analysis and forecasts.
  • Work on project reports and documentation as needed.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Postgraduate degree is preferred
Experience
  • 2-3 years of experience in actuarial or statistical analysis
Technical Skills
  • Statistical Software (e.g., R, SAS)
  • Excel Modeling
  • Programming Languages (e.g., Python, SQL)
Soft Skills
  • Analytical Thinking
  • Attention to Detail
Certifications
  • Associate of the Society of Actuaries (ASA) or equivalent certification
Languages
  • English: Fluent

Advantageous

  • Experience with actuarial software (e.g., Prophet, AXIS): Hands-on experience with popular actuarial modeling software.
  • Familiarity with regulatory frameworks in insurance: Knowledge of compliance aspects within the insurance sector.

Benefits

  • Comprehensive health care benefits
  • Employee wellness programs
  • Paid time off and holidays
  • Training and professional development support

Company Culture

  • Team Collaboration: We emphasize a collaborative approach that values input from all team members.
  • Continuous Improvement: We foster a culture of learning and self-improvement for all employees.
  • Diversity and Inclusion: We celebrate our diverse workforce and promote an inclusive environment.
Status: Open