Actuarial Analyst: Risk & Pricing with Study Support

Placements24; Klerksdorp; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Competitive salary

Study assistance for actuarial exams

Medical aid

Retirement benefits

Career progression

Job summary

Placements24 seeks an analytical Actuarial Analyst to join our client in Klerksdorp, North West. You will contribute to pricing model development, risk assessment, and financial projections, collaborating with underwriting, product development, and finance teams.

The role emphasizes analytical rigour, data analysis, and ongoing actuarial qualification progress, with opportunities for professional growth in a supportive environment within the North West region.

Qualifications

• A degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Progress towards actuarial qualifications (e.g., via Actuarial Society of SA) is essential.
• Strong analytical and problem-solving abilities with attention to detail.
• Proficiency in R, Python, SQL, and actuarial software is advantageous.
• Excellent communication and ability to convey complex concepts clearly.

Responsibilities

• Assist in development, validation, and implementation of pricing models for insurance products.
• Conduct statistical analysis and data mining to identify trends and assess risk.
• Perform reserving calculations and financial projections to ensure solvency.
• Analyze profitability and performance of insurance portfolios.
• Prepare reports and presentations for management and other departments.
• Support new actuarial software implementation and methods.
• Stay updated on regulatory changes and actuarial best practices.
• Collaborate with underwriters and product managers on new product design.
• Assist in regulatory filings and solvency reporting.

Skills

Analytical thinking

Data analysis

Communication skills

Problem solving

Team collaboration

Education

Degree in Actuarial Science or related field

Tools

R

Python

SQL

Actuarial software

Job description

Placements24 seeks an analytical Actuarial Analyst to join our client in Klerksdorp, North West. You will contribute to pricing model development, risk assessment, and financial projections, collaborating with underwriting, product development, and finance teams.

The role emphasizes analytical rigour, data analysis, and ongoing actuarial qualification progress, with opportunities for professional growth in a supportive environment within the North West region.