Actuarial Assistant

Placements24; East London; Hybrid; ZAR 180,000 - 320,000; Full time

Job summary

Placements24 in Queenstown is seeking an Actuarial Assistant to join our actuarial team. You will assist with data analysis, model development, and regulatory reporting in a hands-on role within the insurance sector.

The position targets graduates with a strong mathematical background and progress toward actuarial exams, offering mentorship and exposure to pricing, risk assessment, and financial modelling. Flexible work arrangements are available.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Strong academic record with excellent mathematical and analytical abilities.
• Progress towards actuarial examinations is highly desirable.
• Proficiency in data analysis tools and programming languages such as Excel, SQL, R, or Python.
• Excellent problem-solving skills and a keen eye for detail.
• Effective written and verbal communication skills.

Responsibilities

• Assist in collection, cleaning, and analysis of large datasets for actuarial purposes.
• Support development, testing, and implementation of actuarial models.
• Help prepare valuation reports, pricing analyses, and financial projections.
• Conduct research on industry trends and regulatory changes affecting actuarial practices.
• Collaborate with other departments to provide actuarial insights and support business objectives.
• Ensure data integrity and adherence to actuarial standards and best practices.

Skills

Excel

SQL

R

Python

Mathematics

Education

Bachelor's degree in Actuarial Science

Job description

About the Role

Our client is seeking a motivated and mathematically inclined Actuarial Assistant to support their actuarial team in Queenstown . This role is ideal for an individual aspiring to a career in actuarial science, providing exposure to crucial aspects of risk assessment, pricing, and financial modeling within the insurance industry . You will assist senior actuaries in data analysis, model development, and the preparation of regulatory reports. This is a significant opportunity to gain hands-on experience and contribute to the company's strategic decision-making in the Eastern Cape .

Key Responsibilities

• Assist in the collection, cleaning, and analysis of large datasets for actuarial purposes.
• Support the development, testing, and implementation of actuarial models.
• Help in the preparation of valuation reports, pricing analyses, and financial projections.
• Conduct research on industry trends and regulatory changes affecting actuarial practices.
• Collaborate with other departments to provide actuarial insights and support business objectives.
• Ensure data integrity and adherence to actuarial standards and best practices.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Strong academic record with excellent mathematical and analytical abilities.
• Progress towards actuarial examinations (e.g., Society of Actuaries, Institute and Faculty of Actuaries) is highly desirable.
• Proficiency in data analysis tools and programming languages such as Excel, SQL, R, or Python.
• Excellent problem-solving skills and a keen eye for detail.
• Effective written and verbal communication skills.

Benefits

• Competitive starting salary and a structured study benefit program to support actuarial exams.
• Comprehensive medical and retirement benefits.
• Mentorship from experienced actuaries and opportunities for career advancement.
• Flexible working arrangements, including the option for remote work.
• Exposure to diverse actuarial functions within a reputable insurance firm in Queenstown .