Actuarial Manager

Boardroom Appointments; Johannesburg; On-site; ZAR 700,000 - 900,000; Full time

Job summary

Boardroom Appointments seeks an actuarial professional to develop models, forecast budgets, and assess contracts. You will translate complex data into strategic insights for executives and collaborate across the business to drive value.

Ideal candidates have 2–4 years of relevant experience, strong SQL and MS Office skills, and an interest in behavioural science to analyse large datasets.

Qualifications

• Bachelor of Science in Actuarial Science, Statistics or Data Science; Honours advantageous.
• Nearly or recently academically qualified actuaries.
• 2–4 years of relevant work experience.
• Advanced proficiency in MS Word, MS Excel, MS PowerPoint, MS Outlook and SQL.
• Advanced experience in Actuarial Modelling, Problem Solving and Data Analysis.
• Ability to communicate technical complexity to a non-technical audience.
• Interest in Behavioural Science and analysing large datasets.
• Desire to teach and grow junior analysts.
• Keen to pursue a non-traditional actuarial career applying actuarial/statistical principles.

Responsibilities

• Develop actuarial or statistical models to aid in strategic business decision-making.
• Prepare short-term and long-term financial projections used in budgeting, pricing benefits, and calculating embedded value.
• Monitor emerging financial experience against budgets and stress testing via ORSA.
• Model commercial implications of contracts with rewards partners and assist in negotiations.
• Identify key business/data trends and assess actions to mitigate or capitalize on opportunities.
• Conduct ad-hoc analyses quantifying financial and business impact of strategic projects.
• Extract and analyse large datasets to yield insights and communicate results to executives.
• Compile reports and presentations for Exco/Board/Actuarial Committee/Group Exco.
• Develop relationships with stakeholders to support organizational aims.
• Mentor, support and train junior analysts.

Skills

MS Word

MS Excel

MS PowerPoint

MS Outlook

SQL

Actuarial Modelling

Data Analysis

Non-technical comms

Behavioural Science

Mentor junior analysts

Education

Bachelor of Science in Actuarial Science, Statistics or Data Science; Honours advantageous

Job description

• Bachelor of Science degree in Actuarial Science, Statistics or Data Science, with an Honours degreewould be advantageous.
• Nearly or recently academically qualified actuaries
• 2 - 4 years worth of relevant work experience
• Advanced proficiency in MS Word, MS Excel, MS PowerPoint and MS Outlook and SQL
• Advanced experience in Actuarial Modelling, Problem Solving, Data Analysis
• Ability to communicate technical complexity to a non-technical audience.
• An interest in Behavioural Science and analysing large datasets.
• Desire to teach and grow more junior members.
• Keen to pursue a career outside of a traditional actuarial environment whilst applying actuarial andstatistical principles in a non-traditional way.

Responsibilities:

• Develop actuarial or statistical models to aid in strategic business decision-making.
• Prepare short-term and long-term financial projections used in setting the Company budgets, pricing newbenefits, and calculating the Company embedded value.
• Monitor the emerging financial experience against budgets and stress testing the resilience of the Company business as part of the ORSA process.
• Model out the commercial implications of contracts in place with Company rewards partners, assistingexecutives with the optimization of existing contracts and the negotiation of new partnerships.
• Identify and understand key business and data trends, assess the impact, and identify possiblecourses of action to mitigate or capitalize on these opportunities.
• Conduct ad-hoc investigations and analyses including quantifying the financial and business impact ofstrategic projects, working with executives to craft and implement key strategic projects.
• Extracting and analysing large datasets to yield rich insights and communicating the results to a widevariety of stakeholders including the CompanySA Executive Committee.
• Compilation of reports and presentations for the Company Exco, Company Board, Actuarial Committee,Company Board and Group Exco.
• Develop and leverage key working relationships with various stakeholders across the business tosupport the aims of the organization.
• Mentor, support and train junior analysts.