Actuary

Johannesburg Full-time R50,000 - R60,000 / Month
(R600,000 - R720,000 / Year)

Job Description

As an Actuary, you'll play a key role in analyzing data to assess risk and financial implications, ensuring that our products remain robust and competitive. You will collaborate closely with our risk management team, developing methodologies that underpin our pricing strategies and reserve calculations.

Responsibilities

  • Analyze and evaluate risk using statistical models and predictive analytics.
  • Develop and maintain pricing models for various insurance products.
  • Provide support in the implementation of regulatory compliance and financial reporting standards.
  • Collaborate with cross-functional teams to enhance product offerings and profitability.
  • Prepare detailed reports and presentations for stakeholders on actuarial findings.
  • Contribute to the company’s strategic planning with financial forecasts and risk assessments.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Finance or a related field
  • Master's degree in a related field is an advantage
Experience
  • 4+ years of actuarial experience in the insurance sector
Technical Skills
  • Risk Management
  • Quantitative Analysis
Soft Skills
  • Teamwork
  • Adaptability
Certifications
  • Chartered Enterprise Risk Analyst (CERA)
  • Associate of the Society of Actuaries (ASA)
Languages
  • English: Fluent

Advantageous

  • Experience with actuarial software (e.g., SAS, R): Familiarity with advanced actuarial software tools for analysis and reporting.
  • Knowledge of regulatory requirements: Understanding of local insurance regulations and compliance standards.

Benefits

  • Comprehensive health insurance package
  • Retirement savings plan with employer contribution
  • Flexible working hours to promote work-life balance
  • Opportunities for professional development and training

Company Culture

  • Supportive Environment: We believe in nurturing talent and providing the tools needed for our employees to succeed.
  • Focus on Innovation: Our culture embraces innovation and encourages creative thinking to solve complex problems.
  • Commitment to Diversity: We strive for a diverse workplace where all employees can thrive and express their unique perspectives.
Status: Open