Actuarial Analyst

Cape Town FULL TIME R25,000 - R50,000 / Month
(R300,000 - R600,000 / Year)

Job Description

Join us as an Actuarial Analyst where you will help evaluate and analyze financial risks using mathematical and statistical methods. This role demands a solid grasp of actuarial principles and the ability to apply them in practical scenarios. Your contributions will directly impact our ability to provide insightful recommendations and translate data into actionable strategies for our clients.

Responsibilities

  • Utilize actuarial software and statistical tools for data analysis.
  • Develop summaries and visual representations of data findings.
  • Support the client service team with actuarial advice and expertise.
  • Conduct cost-benefit analyses for various insurance products.
  • Review data inputs for accuracy and integrity before analysis.
  • Stay updated with actuarial principles and industry trends.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Statistics, or related field
  • Graduate studies or professional certification (such as ASA, FSA) preferred
Experience
  • 2-5 years of experience in actuarial analysis or related field
Technical Skills
  • Excel
  • R / Python
  • SQL
Soft Skills
  • Analytical thinking
  • Communication
  • Teamwork
Certifications
  • Associate of the Society of Actuaries (ASA)
Languages
  • English: Fluent

Advantageous

  • Familiarity with Solvency II or similar regulatory frameworks: Understanding of regulatory requirements affecting the actuarial industry.
  • Knowledge of insurance products and financial services: Experience in the insurance sector, especially in pricing or claims analysis.

Benefits

  • Competitive salary and structured career progression
  • Medical aid and retirement benefits
  • Performance-based bonuses
  • Work-life balance initiatives

Company Culture

  • Integrity: We maintain high ethical standards in our practices and interactions.
  • Innovation: We encourage creative thinking and innovative problem-solving.
  • Collaboration: We believe in teamwork, collaboration, and respect for one another.
Status: Closed