Actuarial Auditor

Durban Full-time R50,000 - R66,667 / Month
(R600,000 - R800,000 / Year)

Job Description

As an Actuarial Auditor in our Durban office, you will conduct thorough assessments of insurance policies and financial practices. You will provide recommendations based on your findings to improve our risk management processes. If you are passionate about data analysis and ensuring compliance, this role is perfect for you.

Responsibilities

  • Perform audits of actuarial valuations and pricing models.
  • Collaborate with cross-functional teams on improving processes.
  • Conduct risk evaluations of financial products and services.
  • Assist in the training and mentoring of junior actuaries.
  • Develop and implement audit plans and methodologies.
  • Ensure timely reporting of audit results to senior management.
  • Prepare documentation to support internal and external review processes.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Master's degree preferred
Experience
  • 3-5 years of experience in actuarial auditing or related field
Technical Skills
  • Excel
  • Statistical Software (e.g., R, SAS)
  • SQL
Soft Skills
  • Analytical Thinking
  • Attention to Detail
  • Communication
Certifications
  • Fellow of the Actuarial Society of South Africa (FASSA)
  • Registered Actuary (if applicable)
Languages
  • English: Fluent

Advantageous

  • Experience with actuarial software (e.g., Prophet, MoSes): Familiarity with industry-standard actuarial tools.
  • Knowledge of insurance regulations in South Africa: Understanding of compliance requirements in the insurance sector.

Benefits

  • Comprehensive health, dental, and vision insurance
  • Retirement savings plan with company matching
  • Generous paid time off and public holidays
  • Continuous professional development opportunities
  • Flexible work arrangements

Company Culture

  • Teamwork: We encourage collaboration and teamwork in all aspects of our work, fostering a supportive environment.
  • Innovation: We value innovative ideas and encourage our team to think outside the box.
  • Professional Development: We support continuous learning and provide resources for our employees to grow their skills.
Status: Closed