Actuarial Analyst: Pricing, Reserving & Risk Modeling

Placements24; Noord-Kaap; On-site; ZAR 550,000 - 750,000; Full time

Benefits offered by this job

Medical aid

Pension fund

Study support

Job summary

Placements24 is seeking an Actuarial Analyst for their Kimberley operations. The role focuses on advanced modeling for pricing, reserving, and solvency, using large datasets to forecast liabilities and support strategic decisions.

The ideal candidate holds a Bachelor’s degree in a quantitative field and is progressing through actuarial exams, with strong analytical skills and proficiency in R, Python or SQL. Excellent communication is required for cross-team collaboration and reporting.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics or Statistics.
• Progress towards professional actuarial examinations.
• Strong analytical and data manipulation abilities.
• Proficiency in R, Python or SQL.
• Excellent written and verbal communication.

Responsibilities

• Develop and maintain actuarial pricing, reserving, and solvency models.
• Forecast future liabilities from historical data and market trends.
• Provide pricing insights for new insurance products.
• Prepare reports and present findings to senior management.
• Collaborate with underwriters, claims and finance on risk assessment.
• Stay updated on regulatory changes and actuarial techniques.

Skills

Analytical thinking

Data manipulation

Communication

R

Python

SQL

Education

Bachelor's degree in Actuarial Science or Mathematics or Statistics

Job description

Placements24 is seeking an Actuarial Analyst for their Kimberley operations. The role focuses on advanced modeling for pricing, reserving, and solvency, using large datasets to forecast liabilities and support strategic decisions.

The ideal candidate holds a Bachelor’s degree in a quantitative field and is progressing through actuarial exams, with strong analytical skills and proficiency in R, Python or SQL. Excellent communication is required for cross-team collaboration and reporting.