Actuarial Analyst

Hire Resolve; Johannesburg; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading insurer is seeking an Experienced Actuarial Analyst in Johannesburg. This role entails responsibilities like managing financial planning models, developing capital models, and contributing to reinsurance optimization. The ideal candidate should have a degree in Actuarial Science, nearly qualified or newly qualified status, and a minimum of three years' experience in non-life insurance. Strong skills in teamwork, problem solving, and communication are essential. Join a dynamic team and apply today!

Qualifications

• Nearly qualified or Newly qualified Actuary.
• Minimum 3 Years non-life insurance Experience.
• May need to work odd or long hours occasionally.
• Ability to work independently with little supervision.

Responsibilities

• Familiarize with unit and group strategies.
• Help create and manage financial planning model.
• Contribute to capital model development.
• Assist with automation of numerous procedures.

Skills

Teamwork

Problem Solving

Communication

Initiative

Education

Degree in Actuarial Science

Tools

MS Office advanced

Visual Basic

Advanced SQL

Python

Remetrica

Job description

A leading insurer is looking for an Experienced Actuarial Analyst to join their team at their offices in Johannesburg.

Key Responsibilities

• Becoming familiar with the unit and group strategies and helping the manager put them into action.
• Help with the creation, construction, and upkeep of the financial planning model.
• Help create, construct, and manage the reinsurance optimisation model.
• Do an annual Actual vs. Expected review.
• Monitoring pertinent laws like SAM, IFRS 4 and IFRS 17; • Estimating the capital needs for local regulatory reporting.
• The creation and development of the capital model.
• Streamline the process of reinsurance optimization.
• Testing of the improved outcomes.
• Choose the best cessions for reinsurance contracts for every year of underwriting.
• Sharing information about the precise operations of the cash flow models.
• Contributing to the A&A Board Pack insert.
• Assisting with the automation and enhancement of numerous procedures.

Key Skills

• Ability to work in a team and under pressure.
• Problem Solving.
• Excellent communication skills.
• Ability to take initiative and responsibility.

Requirements

• Degree in Actuarial Science.
• Nearly qualified or Newly qualified Actuary.
• Minimum 3 Years non‑life insurance Experience.
• Knowledge of MS Office advanced, Visual Basic, Advanced SQL (Preferable), Python (Preferable).
• Knowledge of Remetrica (Preferable).
• May be required to work odd or long hours from time to time (Due to deadlines0).
• Travel may be required.
• Ability to work independently with little supervision.

Apply for this role today, visit the Hire Resolve website: hireresolve.us or email us at [e-mail].

Alternatively, you are welcome to connect with Shannon Manley and Lindy-lee on LinkedIn.