Actuary

Job Description

As an Actuary based in Durban, you will have the opportunity to apply your quantitative skills to evaluate financial risks and support our clients in establishing sustainable practices.

Responsibilities

• Design and execute actuarial studies and reports.
• Create and refine pricing models based on statistical findings.
• Evaluate financial risks for new insurance products.
• Work closely with the underwriting team to assess risk.
• Develop and maintain complex spreadsheets for data analysis.
• Ensure compliance with industry regulations and standards.
• Provide technical guidance and support to non-actuarial staff.
• Research market trends and emerging risks.
• Participate in client meetings and provide actuarial insight.
• Support the development of internal training programs.

Requirements

Education

• Bachelor's degree in Actuarial Science or related field
• Fellowship with a recognized actuarial body is preferred

Experience

• 3+ years of experience in actuarial consulting or related fields

Technical Skills

• Statistical Analysis
• Risk Management
• Actuarial Software (e.g., Prophet, MoSes)

Soft Skills

• Analytical Thinking
• Communication
• Team Collaboration

Certifications

• Certified Actuarial Analyst (CAA)
• Fellow of the Society of Actuaries (FSA)

Languages

• English: Fluent

Advantageous

• Experience with predictive analytics and machine learning: Knowledge of techniques in predictive modeling and AI applications in actuarial science.
• Proficient in Excel and VBA for analysis: Ability to automate and enhance data processing tasks using VBA.

Benefits

• Competitive salary package
• Health and wellness benefits
• Performance bonuses
• Professional development opportunities
• Flexible work hours

Company Culture

• Team-oriented: We promote a collaborative environment where teamwork and communication are valued.
• Continuous Learning: We support our employees' growth through ongoing training and development initiatives.
• Diversity and Inclusion: We celebrate diversity and strive to create an inclusive workplace.