Actuary: AI-Driven Risk & Pricing Expert

Sutherland; Johannesburg; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading consulting firm in Johannesburg is seeking an Actuarial Analyst to analyze data and develop actuarial models. The ideal candidate holds a Bachelor’s degree in Actuarial Science or a related field and has strong analytical skills. Responsibilities include designing insurance policies, preparing reports, and collaborating with finance teams. The role requires proficiency in Excel and experience with actuarial software.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
• Successful completion of actuarial exams (e.g., ASA or progressing toward FSA).
• Strong analytical, mathematical, and problem-solving skills.
• Proficiency in Microsoft Excel and actuarial software.
• Working knowledge of programming or statistical languages such as SQL, R, Python, or VBA.

Responsibilities

• Analyze data to estimate the probability and likely cost of events like death or injury.
• Design and price insurance policies and pension plans.
• Develop and implement actuarial models using statistical software.
• Collaborate with underwriting, finance, and product teams to assess risk.
• Prepare reports and presentations for stakeholders.

Skills

Analytical skills

Mathematical skills

Problem-solving skills

Communication skills

Education

Bachelor’s degree in Actuarial Science or related field

Actuarial exams (e.g., ASA or FSA)

Tools

Microsoft Excel

Statistical software (e.g., SAS, R, Python)

Actuarial software (e.g., Prophet, MoSes)

Job description

A leading consulting firm in Johannesburg is seeking an Actuarial Analyst to analyze data and develop actuarial models. The ideal candidate holds a Bachelor’s degree in Actuarial Science or a related field and has strong analytical skills. Responsibilities include designing insurance policies, preparing reports, and collaborating with finance teams. The role requires proficiency in Excel and experience with actuarial software.