Actuary

Johannesburg FULL TIME R50,000 - R66,666 / Month
(R600,000 - R800,000 / Year)

Job Description

As an Actuary at Top Insurance Group, you will play a crucial role in evaluating and managing risk. This position involves analyzing data, preparing reports, and assisting in the development of insurance products that meet market need. If you enjoy working with numbers and providing strategic insights, we want to hear from you.

Responsibilities

  • Evaluate and analyze statistical data for pricing and product development.
  • Develop predictive models to forecast future risks and liabilities.
  • Collaborate with finance and underwriting teams to address financial and insurance risk.
  • Produce detailed reports and presentations for stakeholders on risk assessment findings.
  • Monitor and assess policy performance to ensure industry compliance.
  • Stay updated with legislative changes and adapt to new standards in actuarial practices.
  • Lead projects involving the implementation of new pricing models.
  • Provide risk insight and analysis into various scenarios impacting market environments.
  • Mentor junior analysts on actuarial methodologies and data interpretation.
  • Participate in cross-functional teams to enhance operational capabilities.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Master's degree is advantageous
Experience
  • 3-5 years of relevant actuarial experience
Technical Skills
  • Statistical Analysis
  • Excel Modeling
  • Risk Management
  • Programming in R or Python
Soft Skills
  • Analytical Thinking
  • Effective Communication
Certifications
  • Associate of the Society of Actuaries (ASA)
  • Chartered Enterprise Risk Analyst (CERA)
Languages
  • English: Fluent

Advantageous

  • Experience in insurance risk assessment: Knowledge of insurance products and related risks.
  • Proficiency in actuarial software (e.g., Prophet, MoSes): Experience with actuarial software for modeling and analysis.

Benefits

  • Competitive salary package with performance bonuses
  • Comprehensive medical aid and pension fund
  • Flexible work hours and opportunities for remote work
  • Support for professional development and actuarial exams

Company Culture

  • Team Collaboration: We value teamwork and encourage cooperation to achieve shared goals.
  • Professional Development: We support continuous learning and offer opportunities for career advancement.
  • Innovation: We encourage innovative thinking and approaches to solve problems effectively.
Status: Closed