Actuarial Analyst

Cape Town FULL TIME R41,666 - R54,166 / Month
(R500,000 - R650,000 / Year)

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

  • Develop and implement actuarial models.
  • Utilise statistical software for data analysis.
  • Work with cross-functional teams on product development initiatives.
  • Conduct risk assessments and provide actionable insights.
  • Ensure compliance with regulatory requirements and standards.
  • Prepare documentation and reports for internal and external use.

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

  • Knowledge of regulatory frameworks: Understanding of Solvency II, SAM requirements.
  • Advanced Excel modelling skills: Expertise in developing complex models for pricing and forecasting.

Benefits

  • Health and wellness programs
  • Educational reimbursement for professional courses
  • Flexible working arrangements
  • Annual company retreats

Company Culture

  • Team Spirit: Collaboration and teamwork are central to our success.
  • Innovation Focus: We are constantly striving for innovative solutions in our product offerings.
  • Inclusivity: Diversity is our strength; we embrace different perspectives.
Status: Open