Actuarial Analyst

Durban Full-time R29,166 - R41,666 / Month
(R350,000 - R500,000 / Year)

Job Description

Join our team as an Actuarial Analyst, where you will be deeply involved in quantitative analyses, modeling, and forecasting. You will need to collaborate with various teams to drive insights that enhance our financial solutions and inform strategic decisions.

Responsibilities

  • Utilize statistical software to perform complex data analyses.
  • Provide risk assessments that guide business strategies.
  • Contribute to the design and implementation of actuarial processes.
  • Assist in actuarial research and the development of methodologies.
  • Work closely with finance teams to align actuarial analysis with business goals.
  • Evaluate and improve existing models and assumptions.
  • Maintain accurate documentation of models and analyses.
  • Communicate findings effectively to non-technical stakeholders.

Requirements

Education
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
  • Master's degree is an advantage
Experience
  • 2-5 years of relevant experience in actuarial roles
Technical Skills
  • Excel
  • R or Python
  • SQL
  • Statistical Modelling
Soft Skills
  • Analytical thinking
  • Communication
  • Team Collaboration
Certifications
  • Associate of the Society of Actuaries (ASA) or similar
  • Fellow of the Society of Actuaries (FSA) is preferred
Languages
  • English: Fluent

Advantageous

  • Experience with insurance products: Knowledge and experience in developing and pricing insurance products would be beneficial.
  • Knowledge of regulatory standards: Familiarity with local regulatory requirements for financial reporting and actuarial practices.

Benefits

  • Competitive salary package with performance bonuses
  • Comprehensive health benefits including medical aid
  • Retirement savings scheme
  • Professional development opportunities and support
  • Flexible work hours
  • Team-building events and activities

Company Culture

  • Inclusive Work Environment: We prioritize an inclusive work environment where all voices are valued and heard.
  • Innovation and Growth: We embrace innovative thinking and encourage continuous professional growth.
  • Team Spirit: We celebrate teamwork and collaboration across all levels of the organization.
Status: Closed