Actuarial Specialist, Life Insurance: Pricing & Forecasts
Placements24
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Benefits offered by this job
Job summary
Placements24 is seeking an experienced Actuarial Specialist for our analytics division in Pretoria, Gauteng. You will develop and maintain actuarial models for pricing, reserving, and forecasting life insurance products and provide insights to support strategic decisions.
The role requires a strong quantitative background, progression towards actuarial exams, and solid knowledge of Prophet, MATLAB, R, or Python.
Qualifications
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
- Progress towards or completion of actuarial examinations (e.g., ASSA).
- Minimum 5 years in life insurance actuarial functions.
- Strong knowledge of pricing, reserving, and regulatory context.
Responsibilities
- Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
- Perform complex actuarial calculations and analyses to support decisions.
- Assist in valuation of liabilities and capital requirements.
- Collaborate with product development to price new products.
- Prepare actuarial reports for senior management and regulators.
- Mentor junior actuarial staff.
Skills
Education
Tools
Job description
Placements24 is seeking an experienced Actuarial Specialist for our analytics division in Pretoria, Gauteng. You will develop and maintain actuarial models for pricing, reserving, and forecasting life insurance products and provide insights to support strategic decisions.
The role requires a strong quantitative background, progression towards actuarial exams, and solid knowledge of Prophet, MATLAB, R, or Python.
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