Actuarial Analyst

Placements24; Pretoria; Hybrid; ZAR 300,000 - 420,000; Full time

Benefits offered by this job

Competitive salary

Health benefits

Study leave

Career growth in Pretoria

Hybrid work

Job summary

Placements24 in Pretoria is seeking an Actuarial Analyst to join a sophisticated risk management team. You will analyze financial risks, develop pricing models, and support decision-making through quantitative analysis.

You will collaborate with underwriting, finance and product development, applying advanced statistics to drive profitability and solvency while pursuing actuarial exams. Hybrid work and study support are provided.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial exams (e.g., via Actuarial Society of South Africa) is essential.
• Proficiency in actuarial software (SAS, R, Python) and advanced Excel skills.
• Strong analytical, problem-solving and critical thinking capabilities.
• Excellent mathematical aptitude and attention to detail.
• Effective communication skills, with the ability to explain technical concepts to non-technical audiences.

Responsibilities

• Perform actuarial calculations for pricing, reserving and financial projections using specialized software.
• Develop, test and implement mathematical models to assess insurance risks and predict outcomes.
• Analyze large datasets to identify trends and mitigation opportunities.
• Collaborate with senior actuaries and management to present findings and recommendations.
• Assist in regulatory filings and statutory reports, ensuring compliance with standards.
• Stay abreast of industry developments and emerging actuarial methods.

Skills

Analytical thinking

Problem solving

Critical thinking

Attention to detail

Communication skills

Education

Bachelor's degree in Actuarial Science / Mathematics / Statistics

Tools

SAS

R

Python

Excel

Job description

About the Role

Our client is seeking a talented and motivated Actuarial Analyst to join their sophisticated risk management team in Pretoria . This role is instrumental in analyzing financial risks, developing pricing models, and supporting strategic decision-making through robust quantitative analysis. You will work closely with various departments, including underwriting, finance, and product development, to provide insights that drive profitability and solvency. This is an exceptional opportunity for an aspiring actuary to apply advanced statistical techniques and contribute significantly to the financial health of the organization within the administrative hub of Pretoria .

Key Responsibilities

• Perform complex actuarial calculations for pricing, reserving, and financial projections using specialized software.
• Develop, test, and implement mathematical models to assess insurance risks and predict future financial outcomes.
• Analyze large datasets to identify trends, patterns, and potential areas for risk mitigation or business improvement.
• Collaborate with senior actuaries and management to present findings and recommendations clearly and concisely.
• Assist in the preparation of regulatory filings and statutory reports, ensuring compliance with all relevant standards.
• Stay abreast of industry developments, new methodologies, and emerging risks affecting the actuarial field.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial exams (e.g., via Actuarial Society of South Africa) is essential.
• Proficiency in actuarial software (e.g., SAS, R, Python) and advanced Excel skills.
• Strong analytical, problem-solving, and critical thinking capabilities.
• Excellent mathematical aptitude and attention to detail.
• Effective communication skills, with the ability to explain technical concepts to non-technical audiences.

Benefits

• Competitive salary commensurate with experience and examination progress.
• Comprehensive health and wellness benefits package.
• Generous study leave and financial support for actuarial exams.
• Opportunities for professional growth and career advancement in Pretoria .
• A collaborative and intellectually stimulating work environment with hybrid flexibility.