Actuarial Analyst

Durban FULL TIME R33,333 - R50,000 / Month
(R400,000 - R600,000 / Year)

Job Description

As an Actuarial Analyst, you will analyze data to identify trends and risks that affect our insurance products. This role requires a proactive approach to problem-solving and a collaborative spirit. Use your skills to drive our business forward while contributing to a culture of excellence and innovation.

Responsibilities

  • Develop risk assessment models to guide insurance policy pricing.
  • Collaborate on actuarial projects that improve firm-wide decision-making.
  • Perform regular reviews and updates of actuarial assumptions based on data.
  • Prepare and deliver educational workshops for team members on actuarial best practices.
  • Contribute to the actuarial strategy by identifying growth opportunities.
  • Participate in ongoing professional development to maintain industry knowledge.

Requirements

Education
  • Bachelor's or Master's degree in a quantitative field
  • Advanced actuarial qualifications are favorable
Experience
  • 3-5 years of experience in actuarial functions or risk analysis
Technical Skills
  • Statistical Analysis
  • Data Visualization Tools
Soft Skills
  • Problem-solving
  • Teamwork
Certifications
  • ASSA Associate Membership
  • Professional Risk Manager (PRM)
Languages
  • English: Fluent

Advantageous

  • Experience in model validation techniques: Experience in validating actuarial models to ensure accuracy in results.
  • Knowledge of insurance products: Familiarity with life and health insurance products and their nuances.

Benefits

  • Comprehensive medical aid and benefits
  • Flexible working arrangements
  • Company-sponsored certifications and trainings
  • Employee assistance programs and wellness days

Company Culture

  • Team Collaboration: Collaboration and teamwork are the foundation of our success.
  • Employee Recognition: We regularly acknowledge and reward our employees' achievements and contributions.
  • Work-Life Balance: Maintaining a work-life balance is crucial to us, and we offer flexible options.
Status: Open