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Actuarial Assistant

Hire Resolve

Johannesburg

On-site

ZAR 200 000 - 300 000

Full time

Today
Be an early applicant

Job summary

A leading insurance company in South Africa is seeking a driven Actuarial Assistant to join its short-term insurance team. The successful candidate will be TASSA registered with all A-series exams completed and will possess at least 3 years of hands-on actuarial experience. This role involves developing actuarial models, conducting data analyses, and collaborating with various teams to enhance insurance products. Competitive salary and opportunities for growth are offered.

Benefits

Market-related salary
Opportunity to grow within the company
Exposure to diverse actuarial projects

Qualifications

  • TASSA registered with the Actuarial Society of South Africa.
  • Completion of all A-series exams (Core technical exams).
  • Minimum of 3 years actuarial experience, preferably in short-term insurance.
  • Solid understanding of South African insurance regulations including SAM and Treating Customers Fairly principles.
  • Strong technical and analytical skills with proficiency in actuarial tools such as Excel, VBA, R, Python, SQL, or Prophet.
  • Ability to interpret actuarial results and communicate findings clearly to both technical and non-technical stakeholders.
  • Keen attention to detail and problem-solving skills.

Responsibilities

  • Support the development and enhancement of actuarial models within the short-term insurance environment.
  • Conduct data analysis and experience investigations to inform reserving, pricing, and risk assessment.
  • Assist in developing and validating assumptions used in pricing models.
  • Prepare actuarial reports, analyses, and documentation.
  • Provide actuarial input in designing customer-focused short-term insurance products.
  • Ensure compliance with regulatory reporting requirements.
  • Collaborate with cross-functional teams to integrate actuarial insights into business strategies.
  • Monitor actual versus expected results and provide recommendations.
  • Participate in actuarial research and development projects.
Job description
Description

A leading insurance company is seeking a driven and detail-oriented Actuarial Assistant to join its short-term insurance team. This role is ideal for a professional who is TASSA registered has successfully completed all A-series exams and brings hands-on actuarial experience in the short-term insurance sector.

Responsibilities
  • Support the development maintenance and enhancement of actuarial models within the short-term insurance environment.
  • Conduct data analysis and experience investigations to inform reserving pricing and risk assessment.
  • Assist in developing and validating assumptions used in short-term insurance pricing models.
  • Prepare actuarial reports analyses and documentation to support decision-making across underwriting finance and risk functions.
  • Provide actuarial input in the design and pricing of innovative customer-focused short-term insurance products.
  • Contribute to regulatory reporting requirements ensuring compliance with frameworks such as SAM and IFRS 17.
  • Collaborate with cross-functional teams including underwriting and product development to ensure actuarial insights are effectively integrated into business strategies.
  • Monitor actual versus expected results and provide recommendations for adjustments where needed.
  • Participate in actuarial research and development projects aimed at improving modelling techniques and efficiency.
Requirements
  • TASSA registered with the Actuarial Society of South Africa.
  • Completion of all A-series exams (Core technical exams).
  • Minimum of 13 years actuarial experience preferably in short-term insurance.
  • Solid understanding of South African insurance regulations including SAM and Treating Customers Fairly (TCF) principles.
  • Strong technical and analytical skills with proficiency in actuarial tools such as Excel / VBA R Python SQL or Prophet.
  • Ability to interpret actuarial results and communicate findings clearly to both technical and non-technical stakeholders.
  • Keen attention to detail, problem-solving skills and the ability to work effectively in a team environment.
Benefits
  • Market-related salary
  • Opportunity to grow within a leading insurance company
  • Exposure to diverse actuarial projects within the short-term insurance space
  • Apply for this role today! Contact Lidene Pienaar at Hire Resolve or connect on LinkedIn.
  • You can also visit the Hire Resolve website or email your CV to the address provided. Please use Actuarial Assistant (Short-Term Insurance) as your subject line when applying via email.
  • We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable we will keep your CV on file and contact you regarding any future vacancies that arise.
About Us

Hire Resolve is a Recruitment Agency in South Africa that focuses on working the following jobs in South Africa.

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Key Skills

HR Development, General Services, Apache Commons, Automobile Service, Accident Investigation, AV

Employment Type : Full-Time

Experience : years

Vacancy : 1

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