Actuarial Analyst

Durban FULL TIME R29,167 - R45,833 / Month
(R350,000 - R550,000 / Year)

Job Description

We are seeking a detail-oriented Actuarial Analyst to join our growing team in Durban. The ideal candidate will have a strong background in mathematics, statistics, and financial modeling. You'll provide valuable insights to support our clients' decision-making processes and help them manage risk more effectively.

Responsibilities

  • Evaluate financial risks using stochastic models and other statistical techniques.
  • Engage in ongoing learning and development initiatives within the actuarial field.
  • Coordinate with IT and data teams to ensure accurate data collection and processing.
  • Develop dashboards for tracking key performance indicators.
  • Formulate strategies to mitigate risks identified through data analysis.
  • Assist in designing and implementing actuarial software and tools.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Statistics, or related fields
  • Master's degree or other professional qualifications are advantageous
Experience
  • 3-5 years of experience in actuarial analysis or financial services
Technical Skills
  • Excel Proficiency
  • Statistical Software
Soft Skills
  • Critical Thinking
  • Interpersonal Skills
Certifications
  • Fellow of the Society of Actuaries (FSA)
  • Chartered Enterprise Risk Analyst (CERA)
Languages
  • English: Fluent

Advantageous

  • Experience with machine learning techniques: Knowledge of machine learning principles applicable to actuarial analysis.
  • Project management experience: Ability to manage projects from initiation to completion within timelines.

Benefits

  • Comprehensive health coverage
  • Secure retirement plan with contributions
  • Work-life balance initiatives
  • Ongoing training and certification support

Company Culture

  • Continuous Learning: Our team values personal and professional growth through ongoing learning opportunities.
  • Work-Life Balance: We encourage a healthy work-life balance to ensure the well-being of our employees.
  • Recognition: We celebrate the successes of our team members and recognize their contributions.
Status: Closed