Actuarial Analyst - Insurance

Placements24; East London; Híbrido; ZAR 350.000 - 650.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Hybrid work arrangement

Actuarial study support

Health, retirement and risk benefits

Bonus potential based on performance

Descripción de la vacante

Placements24 in East London is seeking an aspiring Actuarial Analyst to join a sophisticated team focusing on pricing, reserving, and financial forecasting within the insurance sector. The role emphasizes collaboration with actuaries, underwriters, and finance professionals to ensure profitability and sound financial decisions.

The position offers a hybrid work setup, generous study support for actuarial exams, and a strong pathway for career advancement in actuarial science within a leading

Formación

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial qualifications (e.g., completed or actively pursuing exams with a recognized actuarial society).
• Strong analytical, problem-solving, and quantitative skills.
• Proficiency in mathematical modeling software and programming languages (Excel, SQL, Python, R).
• Excellent communication skills and the ability to work collaboratively in a team setting.

Responsabilidades

• Assist in the development and maintenance of actuarial models for pricing, reserving, and financial forecasting.
• Perform complex calculations and analyses to assess the financial impact of insurance risks.
• Support the actuarial team in data collection, validation, and reconciliation processes.
• Contribute to the preparation of regulatory and management reports related to actuarial functions.
• Stay abreast of industry developments, regulations, and best practices in actuarial science.

Conocimientos

Analytical skills

Problem solving

Quantitative skills

Communication skills

Educación

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field

Herramientas

Excel

SQL

Python

R

Descripción del empleo

About the Role

Our client seeks a talented and aspiring Actuarial Analyst to join their sophisticated team in East London. This role is integral to the company's financial health, involving complex calculations, modeling, and analysis related to insurance risk, pricing, and reserving. You will collaborate closely with actuaries, underwriters, and finance professionals to ensure the financial soundness and profitability of the company's insurance products. The hybrid work model provides a structured environment for collaboration and focused work. This is an exceptional opportunity for an ambitious analyst to advance their career in actuarial science within a leading insurer in the Eastern Cape, contributing to strategic financial decisions.

Key Responsibilities

• Assist in the development and maintenance of actuarial models for pricing, reserving, and financial forecasting.
• Perform complex calculations and analyses to assess the financial impact of insurance risks.
• Support the actuarial team in data collection, validation, and reconciliation processes.
• Contribute to the preparation of regulatory and management reports related to actuarial functions.
• Stay abreast of industry developments, regulations, and best practices in actuarial science.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial qualifications (e.g., completed or actively pursuing exams with a recognized actuarial society).
• Strong analytical, problem-solving, and quantitative skills.
• Proficiency in mathematical modeling software and programming languages (e.g., Excel, SQL, Python, R).
• Excellent communication skills and the ability to work collaboratively in a team setting.

Benefits

• Highly competitive salary and significant bonus potential based on performance and exam progression.
• Hybrid work arrangement offering flexibility and work-life integration.
• Generous study support, including time off and financial assistance for actuarial exams.
• Comprehensive health, retirement, and risk benefits.
• A challenging and rewarding career path within a dynamic financial services environment.