Actuarial Analyst

Durban FULL TIME R33,333 - R50,000 / Month
(R400,000 - R600,000 / Year)

Job Description

We are seeking a detail-oriented Actuarial Analyst to join our team in Durban. The successful candidate will leverage their statistical analysis skills to assess risk and provide data-driven insights. You will work closely with various stakeholders to develop pricing strategies, evaluate claims, and contribute to the overall success of our insurance products.

Responsibilities

  • Evaluate and improve existing actuarial models for accuracy and effectiveness.
  • Work with data scientists to enhance data collection and analysis techniques.
  • Provide mentorship and guidance to junior analysts within the department.
  • Ensure compliance with relevant legislation and standards in actuarial practices.
  • Collaborate on cross-departmental projects to integrate actuarial insights into wider business strategies.

Requirements

Education
  • Bachelor's degree in Mathematics, Statistics, or related field
  • Master's degree is an advantage
Experience
  • 3-5 years of experience in a similar actuarial role
Technical Skills
  • Data Modeling
  • Statistical Software (SAS, SPSS)
Soft Skills
  • Critical Thinking
  • Presentation Skills
Certifications
  • Chartered Enterprise Risk Analyst (CERA)
  • Certified Actuarial Analyst (CAA)
Languages
  • English: Fluent

Advantageous

  • Familiarity with actuarial software tools: Experience using actuarial software such as Prophet or MoSes.
  • Experience with SQL databases: Proficient in SQL for data querying and management.

Benefits

  • Attractive remuneration
  • Health insurance coverage
  • 401(k) retirement plan with employer matching
  • Opportunities for professional development

Company Culture

  • Diversity and Inclusion: Our team is diverse and inclusive, welcoming individuals from all backgrounds.
  • Integrity: We uphold the highest standards of integrity in all our dealings.
  • Work-Life Balance: We prioritize work-life balance to ensure our employees are happy and productive.
Status: Closed