Actuary

Port Elizabeth FULL TIME R54,166 - R66,666 / Month
(R650,000 - R800,000 / Year)

Job Description

As an Actuary, you will play an essential role in assessing risk and uncertainty in the insurance and finance industries. Utilising your analytical skills, you will develop solutions, build models, and provide consulting services that help businesses to understand their risk exposure. The position requires a deep understanding of statistical analysis, financial theory, and the ability to communicate complex information in a clear manner.

Responsibilities

  • Conduct detailed risk assessments on current and future policies.
  • Develop statistical models to analyze and forecast potential risks.
  • Communicate findings to stakeholders effectively, providing actionable insights.
  • Assist in policy design and the pricing of new insurance products.
  • Evaluate the financial implications of various risks to the company.
  • Collaborate with other teams to ensure data integrity and compliance.
  • Continuously monitor and adjust models based on new data.
  • Compile comprehensive reports on risk strategies and results.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Fellowship from a recognized actuarial society is preferred
Experience
  • 3-5 years of experience in actuarial or relevant roles
Technical Skills
  • Statistical Analysis
  • Risk Management
  • Data Modelling
Soft Skills
  • Problem-solving
  • Communication
Certifications
  • Associate degree from a recognised actuarial body
  • Certification in Risk Management
Languages
  • English: Fluent

Advantageous

  • Experience with predictive analytics software: Knowledge of tools like R or Python for rigorous data analysis.
  • Expertise in financial investment principles: Strong understanding of financial markets and investment strategies.

Benefits

  • Competitive salary packages with performance bonuses.
  • Health and wellness benefits.
  • Opportunities for further education and professional development.
  • Flexible working hours and supportive work culture.

Company Culture

  • Professional Development: We invest in the continuous learning and professional growth of our employees.
  • Team Collaboration: Our culture thrives on teamwork and mutual support.
  • Inclusive Environment: We promote diversity and an inclusive workplace where all ideas are valued.
Status: Open