Actuarial Analyst — General Insurance (Remote/Hybrid)

Placements24; Gauteng; Hybrid; ZAR 520,000 - 760,000; Full time

Benefits offered by this job

Study assistance

Bonuses

Medical aid

Retirement benefits

Career advancement

Remote work options

Job summary

Placements24 is seeking an Actuarial Analyst to join our team in Pretoria, Gauteng. You will model pricing, perform reserving analyses and support risk management for our general insurance portfolio. Collaborate with underwriting and finance to produce actionable insights and regulatory reports.

The role emphasizes strong quantitative skills, programming with Python/R/SQL/ResQ, and progress toward actuarial qualifications. Hybrid work options and study support are provided.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or related quantitative field.
• Actuarial student status with progress towards professional qualifications (e.g., ASSA).
• 2–3 years of relevant experience in the general insurance industry.
• Strong quantitative, analytical and problem-solving skills.
• Experience with actuarial software and programming languages is a plus.
• Excellent written and verbal communication; ability to work both independently and in a team.

Responsibilities

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

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics

Tools

Python

R

SQL

ResQ

Job description

Placements24 is seeking an Actuarial Analyst to join our team in Pretoria, Gauteng. You will model pricing, perform reserving analyses and support risk management for our general insurance portfolio. Collaborate with underwriting and finance to produce actionable insights and regulatory reports.

The role emphasizes strong quantitative skills, programming with Python/R/SQL/ResQ, and progress toward actuarial qualifications. Hybrid work options and study support are provided.