Junior Actuary

Job Description

We are seeking a Junior Actuary to join our talented team in Sandton. This entry-level position is perfect for those looking to apply their analytical skills to real-world financial scenarios. The successful candidate will assist in developing and analyzing models that help in assessing risk and informing business decisions.

Responsibilities

• Perform valuations of insurance liabilities and assess risks associated with different products.
• Assist in gathering and validating data required for actuarial analyses.
• Contribute to the preparation of financial statements for actuarial reporting.
• Engage in continuous professional development and stay updated on actuarial practices.
• Provide insights to support strategic decision-making in business planning and product development.

Requirements

Education

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

Experience

• 0-2 years of experience in the actuarial field or internships related to finance and risk management

Technical Skills

• Statistical Analysis
• Excel
• Programming (Python/R)
• Data Visualization

Soft Skills

• Analytical thinking
• Communication Skills
• Teamwork

Certifications

• Actuary or equivalent qualification in progress

Languages

• English: Fluent

Advantageous

• Familiarity with actuarial software (e.g., Prophet, MoSes): Understanding of actuarial-specific software used in analysis.
• Experience with financial modelling: Knowledge of how to construct financial models for forecasting.

Benefits

• Competitive salary package
• Health, dental, and vision insurance
• Retirement benefits including provident fund
• Opportunity for continuous professional development
• Flexible working arrangements

Company Culture

• Innovative Environment: We encourage creativity and innovative thinking among our staff.
• Supportive Team Culture: Our team fosters a supportive environment, helping each other succeed.
• Focus on Professional Growth: We invest in our employees' professional development through training and mentorship.