Actuarial Analyst - General Insurance - Pretoria

Placements24; Pretoria; Ibrido; ZAR 420.000 - 660.000; Tempo pieno

Vantaggi offerti da questo lavoro

Study assistance

Performance bonus

Medical aid

Retirement benefits

Remote work options

Career growth opportunities

Descrizione del lavoro

Placements24 in Pretoria, Gauteng, is assisting a leading insurer in hiring an Actuarial Analyst to support pricing, reserving, and risk management for the general insurance portfolio. The role emphasizes advanced quantitative methods, collaboration with cross-functional teams, and ongoing professional development.

The ideal candidate holds an Actuarial Science background with 2–3 years of experience, strong data skills, and familiarity with actuarial software such as Python, R, SQL, and ResQ.

Competenze

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Actuarial student status with progress toward professional qualifications.
• 2–3 years of relevant general insurance experience.
• Strong quantitative, analytical, and problem-solving skills.
• Proficiency in data analysis and statistical modeling.
• Experience with actuarial software and programming languages is a plus.
• Excellent written and verbal communication; able to work independently and in a team.

Mansioni

• Develop and maintain pricing models for general insurance products.
• Perform reserving calculations and analyses to ensure regulatory compliance.
• Conduct profitability studies and provide underwriting improvement recommendations.
• Develop risk models to assess potential business impacts.
• Assist with actuarial reporting and regulatory returns.
• Support data analysis and research initiatives on ad-hoc projects.
• Collaborate with underwriting, finance, and product teams to provide insights.
• Utilize Python, R, SQL, and ResQ for data manipulation and analysis.
• Stay updated on actuarial developments, regulations, and best practices.
• Improve efficiency of the actuarial function through process improvements.

Conoscenze

Analytical skills

Quantitative analysis

Team player

Formazione

Actuarial Science degree

Strumenti

Python

R

SQL

ResQ

Descrizione del lavoro

About the Role

Our client, a leading innovator in the insurance sector, is seeking a bright and analytical Actuarial Analyst to join their dedicated team in Pretoria, Gauteng . This role is fundamental to the company's success, providing critical insights into pricing, reserving, and risk management for their general insurance portfolio. The successful candidate will leverage advanced mathematical and statistical techniques to model complex financial scenarios, assess risk, and support strategic decision-making. This is an excellent opportunity for an ambitious individual to further develop their actuarial career within a supportive environment that encourages professional growth and examination success. You will work closely with experienced actuaries and cross-functional teams, contributing directly to the company's profitability and solvency. The role requires a strong quantitative aptitude and a commitment to maintaining the highest professional standards in actuarial practice. Join a forward-thinking company committed to excellence.

Key Responsibilities

• Assist in the development and maintenance of pricing models for various general insurance products.
• Perform reserving calculations and analyses, ensuring adequacy and compliance with regulatory requirements.
• Conduct profitability studies and provide recommendations for improving underwriting performance.
• Develop and implement risk models to assess potential impacts on the business.
• Assist in the preparation of regulatory returns and actuarial reports.
• Support the actuarial team in ad-hoc projects, data analysis, and research initiatives.
• Collaborate with underwriting, finance, and product development teams to provide actuarial insights.
• Utilize actuarial software and programming tools (e.g., Python, R, SQL, ResQ) for data manipulation and analysis.
• Stay updated on the latest developments in actuarial science, insurance regulations, and industry best practices.
• Contribute to the actuarial function's efficiency and effectiveness through process improvements.

Requirements

• A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Actuarial student status with progress towards professional qualifications (e.g., Actuarial Society of South Africa).
• A minimum of 2-3 years of relevant experience in the general insurance industry.
• Strong quantitative, analytical, and problem-solving skills.
• Proficiency in data analysis and statistical modeling techniques.
• Experience with actuarial software and programming languages is a significant plus.
• Excellent written and verbal communication skills.
• Ability to work effectively both independently and as part of a team.
• Detail-oriented with a commitment to accuracy and quality.
• Located in or willing to relocate to Pretoria (remote work considered based on candidate profile and business needs).

Benefits

• Attractive annual salary package between and ZAR , reflecting qualifications and experience.
• Study assistance and support for actuarial examinations.
• Performance-based bonuses.
• Comprehensive medical aid and retirement benefits.
• Opportunities for rapid career advancement and exposure to diverse actuarial areas.
• A modern and well-equipped office environment in Pretoria , with the flexibility of remote work options.