Actuarial Analyst

Rooftop Recruitment; Johannesburg; On-site; ZAR 300 000 - 600 000; Full time

Job summary

An established industry player is seeking an actuarial professional to manage pricing and product development for short-term insurance. This role involves collecting and analyzing data, performing statistical investigations, and developing innovative pricing models. The ideal candidate will have a Bachelor's degree in Actuarial Science and 1-3 years of experience in short-term insurance, particularly in pricing strategies. Join a dynamic team where your analytical skills will directly influence business decisions and contribute to product innovation in a fast-paced environment.

Qualifications

• 1-3 years experience in short term insurance with a focus on pricing.
• Bachelors in Actuarial Science or related fields preferred.

Responsibilities

• Involved in actuarial management focusing on pricing and product development.
• Perform data analysis and advise on actions based on findings.

Skills

Data Analysis

Statistical Investigations

Actuarial Management

Pricing Strategy

Education

Bachelors Degree in Actuarial Science

Postgraduate qualifications in Statistics/Modelling

Tools

Specialised Software for Data Analysis

Job description

Involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence,

underwriting and other ad-hoc commercial involvements.

Collect data from various sources and assess the completeness and accuracy of the data.

Perform data analysis and advise on appropriate actions to be taken.

Perform detailed statistical investigations using specialised software.

Technical pricing model development and implementation assistance.

Technical pricing innovation and improvement on existing models.

Street pricing development and practical implementation assistance.

Pricing monitoring.

Input into product development and business processes where required.

Design and build analytical solutions to meet business needs.

Minimum Requirements

Bachelors Degree in Actuarial Science

Other degrees or postgraduate qualifications with a statistical / modelling aspect and / or experience will be considered.

Min 1-3 years short term insurance, with experience in short term pricing preferred.