Actuarial Analyst

Durban Full-time R30,000 - R40,000 / Month
(R360,000 - R480,000 / Year)

Job Description

Join our actuarial team as an Actuarial Analyst where your primary responsibility will be to conduct quantitative analysis leveraging your mathematical knowledge to inform business decisions and assist in pricing strategies.

Responsibilities

  • Analyze historical data to identify trends and inform pricing strategies.
  • Collaborate with underwriting teams to optimize policy pricing.
  • Regularly update and improve existing actuarial models and methodologies.
  • Assist in training junior analysts in actuarial practices and software.
  • Stay updated with industry trends and regulatory changes affecting actuarial work.

Requirements

Education
  • Bachelor's degree in Actuarial Science or Mathematics
  • Master's degree in Actuarial Science is an advantage
Experience
  • 3+ years of experience in the insurance sector
Technical Skills
  • Python & R
  • Statistical Modeling
Soft Skills
  • Attention to Detail
  • Teamwork
Certifications
  • Fellowship of Society of Actuaries (FSA)
Languages
  • English: Fluent

Advantageous

  • Experience with predictive analytics: Hands-on experience with forecasting models and techniques.
  • Familiarity with regulatory standards: Understanding of compliance and reporting requirements in the insurance industry.
Status: Closed