Actuarial Analyst

Job Description

We're searching for an Actuarial Analyst to join our Cape Town office. In this role, you will analyse data and trends to assist in the development of insurance products. Your analytical skills will play a crucial role in assessing risk and pricing strategies while collaborating with various departments.

Responsibilities

• Analyse insurance data to develop product pricing strategies.
• Assist in preparing actuarial modelling and analysis.
• Evaluate risk factors for various insurance portfolios.
• Support the preparation of regulatory and compliance reports.
• Collaborate with underwriting and claims departments to refine processes.
• Present findings and recommendations to management and stakeholders.
• Monitor industry trends and adjust models accordingly.

Requirements

Education

• Bachelor's degree in Mathematical Sciences or Statistics
• Master's degree in Actuarial Science or related field is preferred

Experience

• 3+ years of relevant experience in the insurance or financial sector

Technical Skills

• Predictive Modelling
• Data Visualization Tools

Soft Skills

• Team Collaboration
• Problem-solving

Certifications

• Fellow of the Society of Actuaries (FSA)
• Certified Risk Manager (CRM)

Languages

• English: Fluent

Advantageous

• Familiarity with actuarial software: Exposure to software like Prophet or GGY AXIS.
• Experience in the insurance product development lifecycle: Understanding of product design, pricing, and monitoring.

Benefits

• Comprehensive health and retirement benefits
• Performance bonuses based on success metrics
• Flexibility in work-life balance
• Ongoing professional development opportunities

Company Culture

• Empowerment: We empower our employees with the freedom to make decisions and drive innovation.
• Continuous Improvement: We cultivate a culture of continuous improvement and value contributions from all team members.
• Supportive Environment: A culture of mutual respect where ideas and feedback are welcomed.