Senior Actuarial Analyst

Placements24; United States; Hybrid; USD 54,000 - 91,000; Full time

Benefits offered by this job

Hybrid work model

Bonus

Health insurance

Exam support

Professional growth

Job summary

Placements24 is seeking a Senior Actuarial Analyst to join a sophisticated team in Randburg. The role focuses on complex financial modeling, risk assessment, and pricing strategy development for insurance products, with responsibility for ensuring financial soundness and profitability through expert actuarial insights.

You will mentor junior staff, stay current with best practices, and contribute to regulatory filings and product development in a collaborative Gauteng market.

Qualifications

• SOA/CAS exams completed or equivalent.
• Minimum of 5 years actuarial experience in the insurance industry.
• Strong proficiency in actuarial software, statistical analysis tools, and programming languages (e.g., R, Python, SQL).
• Excellent analytical, problem-solving, and quantitative skills.
• Effective communication and presentation skills, with the ability to explain complex concepts clearly.

Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and financial projections.
• Analyze insurance data to assess risk, profitability, and solvency.
• Provide actuarial support for product development, pricing, and business initiatives.
• Assist in the preparation of regulatory filings and financial reports.
• Mentor junior actuarial staff and contribute to knowledge sharing within the team.
• Stay current with actuarial best practices, industry trends, and regulatory changes.

Skills

Actuarial software

Statistical analysis

Programming (R, Python, SQL)

Analytical skills

Communication skills

Education

SOA/CAS exams

5+ years actuarial experience

Tools

R

Python

SQL

Job description

About the Role

Our client is seeking a highly skilled and experienced Senior Actuarial Analyst to join their sophisticated team in Randburg . This role involves complex financial modeling, risk assessment, and pricing strategy development for various insurance products. You will play a crucial role in ensuring the financial soundness and profitability of the company by providing expert actuarial insights. Working within a collaborative environment, you will contribute to strategic decision-making and product development, leveraging advanced analytical techniques in the dynamic Gauteng insurance market. This is an excellent opportunity for a seasoned actuary looking to advance their career in a challenging and rewarding setting.

Key Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and financial projections.
• Analyze insurance data to assess risk, profitability, and solvency.
• Provide actuarial support for product development, pricing, and business initiatives.
• Assist in the preparation of regulatory filings and financial reports.
• Mentor junior actuarial staff and contribute to knowledge sharing within the team.
• Stay current with actuarial best practices, industry trends, and regulatory changes.

Requirements

• Successfully completed a significant number of actuarial exams (e.g., SOA/CAS or equivalent).
• Minimum of 5 years of actuarial experience in the insurance industry.
• Strong proficiency in actuarial software, statistical analysis tools, and programming languages (e.g., R, Python, SQL).
• Excellent analytical, problem-solving, and quantitative skills.
• Effective communication and presentation skills, with the ability to explain complex concepts clearly.
• Experience with various lines of insurance business is desirable.

Benefits

• Highly competitive salary and performance-based bonus.
• Comprehensive health, retirement, and wellness benefits.
• Hybrid work model offering flexibility.
• Significant opportunities for professional growth and exam support.
• Collaborative and intellectually stimulating work environment in Randburg .