Actuarial Assistant

Placements24; Benoni; Hybrid; ZAR 180,000 - 300,000; Full time

Benefits offered by this job

Study support for actuarial exams

Hybrid work in Benoni

Medical & retirement benefits

Mentorship from actuaries

Structured career progression

Job summary

Placements24 in Benoni seeks an Actuarial Assistant to support the actuarial department with data analysis, modeling, and risk assessment. You will work closely with senior actuaries on pricing, reserving, and forecasting in a hybrid Gauteng environment.

The role offers hands-on experience, study support for actuarial exams, and mentorship within a structured career path, with a competitive starting salary and comprehensive benefits.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, or Statistics.
• Progress toward actuarial exams (SOA/CAS) preferred.
• Strong analytical and quantitative skills.
• Proficiency in Excel; experience with R or SAS is a plus.

Responsibilities

• Assist in calculating policy reserves and premium rates.
• Develop and maintain actuarial models and databases.
• Analyze data to identify trends and support studies.
• Prepare reports on actuarial findings for management.
• Collaborate with finance and underwriting on data tasks.
• Contribute to regulatory filings and internal reports.

Skills

Analytical thinking

Problem solving

Attention to detail

Communication skills

Education

Bachelor's degree in Actuarial Science, Mathematics, or Statistics

Progress toward actuarial examinations (SOA/CAS) preferred

Tools

Excel

R

SAS

Job description

About the Role

Our client is seeking a bright and ambitious Actuarial Assistant to join their team in Benoni . This role provides crucial support to the actuarial department in analyzing financial data, developing models, and assessing insurance risks. You will work closely with senior actuaries, contributing to pricing, reserving, and financial forecasting activities. This is an ideal opportunity for an individual passionate about a career in actuarial science, looking to gain hands‑on experience within a supportive, hybrid work environment in Gauteng .

Key Responsibilities

• Assist in the calculation of policy reserves and premium rates.
• Support the development and maintenance of actuarial models and databases.
• Conduct data analysis to identify trends and support actuarial studies.
• Prepare reports and presentations on actuarial findings for management.
• Collaborate with other departments, including finance and underwriting, on data-related tasks.
• Contribute to the completion of regulatory filings and internal reports.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Progress towards actuarial examinations (e.g., SOA, CAS) is highly preferred.
• Strong analytical, problem-solving, and quantitative skills.
• Proficiency in Excel and experience with statistical software (e.g., R, SAS) is a plus.
• Excellent attention to detail and organizational abilities.
• Good communication skills for explaining technical concepts.

Benefits

• Competitive starting salary and study support for actuarial exams.
• Hybrid work schedule offering a blend of office and remote work from Benoni .
• Comprehensive medical and retirement benefits.
• Mentorship from experienced actuaries.
• A structured path for career progression within the actuarial field.