Actuary

Durban FULL TIME R50,000 - R75,000 / Month
(R600,000 - R900,000 / Year)

Job Description

We are looking for a detail-oriented actuary who excels in quantitative analysis and has a passion for problem-solving. You will be instrumental in developing strategies to minimize risk and optimize financial performance within our organization.

Responsibilities

  • Prepare financial projections based on statistical analyses.
  • Review and validate the accuracy of actuarial calculations.
  • Establish actuarial standards and guidelines within the organization.
  • Research new methodologies in actuarial science for continuous improvement.
  • Assist in developing investment strategies based on risk metrics and projections.
  • Collaborate with other departments to integrate actuarial insights into broader company strategies.

Requirements

Education
  • Bachelor's degree in Mathematics, Statistics, or related field
  • Actuarial certifications or progress towards
Experience
  • 2-4 years of experience in an actuarial or quantitative analytics role.
Technical Skills
  • Risk Assessment Models
  • Data Visualization
Soft Skills
  • Team Collaboration
  • Detail Orientation
Certifications
  • Professional Risk Manager (PRM)
  • Enrolled Actuary (EA)
Languages
  • English: Fluent

Advantageous

  • Familiarity with insurance regulatory standards: Understanding of insurance regulatory frameworks and compliance.
  • Experience working in a team-oriented environment: Proven ability to work effectively with others in high-pressure situations.

Benefits

  • Subsidized gym memberships and wellness programs.
  • Annual performance bonuses based on company and individual performance.
  • Opportunity for career advancement and training.
  • Generous leave policies for work-life balance.

Company Culture

  • Team Spirit: Fosters a team-oriented environment where collaboration thrives.
  • Innovation Focus: Encourages innovative thinking to tackle financial challenges.
  • Recognition Programs: Recognizes and appreciates employee contributions and achievements.
Status: Open