Actuarial Analyst: Pricing, Reserving & Risk (Exam Support)

Placements24; Klerksdorp; Hybrid; ZAR 420,000 - 650,000; Full time

Benefits offered by this job

Competitive salary

Bonus structure

Exam fees support

Health insurance

Retirement plan

Job summary

Placements24 is seeking a highly analytical Actuarial Analyst to join our client’s team in Klerksdorp. You will develop pricing and reserving models, assess risks, and support financial projections within the insurance sector, using your quantitative skills to drive informed business decisions.

You will collaborate with underwriting, claims and finance, analyze insurance data, and contribute to regulatory reporting while staying current with industry practices and actuarial developments in the

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Progress towards actuarial qualifications (e.g., Society of Actuaries, Institute and Faculty of Actuaries).
• Strong proficiency in statistical modeling and data analysis; programming in R, Python, SQL.
• Experience with insurance industry data and practices is highly preferred.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
• Conduct analysis of insurance data to identify trends, assess risks, and forecast future liabilities.
• Assist in the preparation of regulatory financial statements and reports.
• Collaborate with underwriting, claims, and finance teams to provide actuarial support and insights.
• Stay abreast of industry best practices, regulatory changes, and emerging actuarial techniques.
• Present complex actuarial findings to stakeholders clearly and convincingly.

Skills

Statistical modeling

Data analysis

Actuarial knowledge

Excellent communication

Education

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

Tools

R

Python

SQL

Job description

Placements24 is seeking a highly analytical Actuarial Analyst to join our client’s team in Klerksdorp. You will develop pricing and reserving models, assess risks, and support financial projections within the insurance sector, using your quantitative skills to drive informed business decisions.

You will collaborate with underwriting, claims and finance, analyze insurance data, and contribute to regulatory reporting while staying current with industry practices and actuarial developments in the