Actuarial Analyst - Special Projects

Rand Mutual - RMA; Johannesburg; On-site; ZAR 30 000 - 60 000; Full time

Job summary

An established industry player seeks an Actuarial Analyst to join their Special Projects team. This role involves executing strategic actuarial projects, optimizing pricing systems, and collaborating across departments. You'll support product development and ensure compliance with regulations while fostering strong relationships with stakeholders. Enjoy a competitive salary, flexible work arrangements, and opportunities for personal and professional growth in a stable environment that values teamwork and collaboration. If you're passionate about actuarial science and eager to make an impact, this is the perfect opportunity for you.

Benefits

Flexible Work Arrangements

Professional Development Opportunities

Competitive Salary Package

Team Collaboration Environment

Qualifications

• Actuarial degree or relevant qualifications in Statistics, Mathematics, or Data Science.
• Progress towards actuarial exams with at least 3-5 Technical Actuarial Exams.

Responsibilities

• Develop and price strategic products and services.
• Perform data analysis, modeling, and reporting related to actuarial duties.

Skills

Data Analysis

Actuarial Modeling

Statistical Analysis

Collaboration

Education

Actuarial Degree

Degree in Statistics

Degree in Mathematics

Degree in Data Science

Tools

Actuarial Software

Data Visualization Tools

Job description

Actuarial Analyst - Special Projects

Rand Mutual Assurance / 01 / 23 Parktown

Job Reference Number: RM-
Department: RMA Life
Industry: Insurance
Job Type: Permanent
Positions Available: 1
Salary: Market Related

Job Description

THE JOB AT A GLANCE

Reporting into the Special Projects Actuary, the Actuarial Analyst will be primarily responsible for executing strategic actuarial projects under general supervision.

WHAT WILL YOU DO?

• Development and pricing of strategic products and services.
• Build and optimize pricing and quotation systems in conjunction with Product, Quotes, and IT Teams.
• Optimize processes, systems, and tools used by the actuarial division.
• Assist in launching special projects in cross-functional and collaborative team settings.
• Support the Special Projects Actuary in analysis and presentations.
• Perform data analysis, modeling, reporting, and documentation related to actuarial duties.
• Build and maintain dashboards for actuarial reporting.
• Provide strategic support to product development, pricing, and valuation teams.
• Collaborate with the Investment team to optimize Liability Driven Investment processes.
• Respond promptly to actuarial queries.
• Build good relationships with internal stakeholders.
• Ensure effective reporting and assessment of problem areas.
• Ensure regulatory compliance and adhere to company policies and procedures.
• Participate in ad hoc projects.

WHAT YOU'LL BRING TO THE TABLE?

• Actuarial degree; degrees in Statistics, Mathematics, & Data Science will also be considered.
• Progress towards actuarial exams – at least 3-5 Technical Actuarial Exams.
• 2-4 years of experience.
• Previous experience in life and short-term insurance company valuation or insurance risk management would be advantageous.

WHAT WILL YOU GET IN RETURN?

• Opportunities for personal and professional development in a stable company.
• A competitive salary package and various benefits.
• Flexible work arrangements (combination of remote and in-office).
• Join a dedicated team that values teamwork and collaboration.

Additional Information

The shortlisting process begins once the application deadline is reached. The duration depends on the progress and availability of managers. If you do not receive a response within 21 days, consider your application unsuccessful.

Our commitment to transformation aligns with Rand Mutual Assurance's employment equity plan, giving preference to candidates from under-represented groups.