Analyst, Actuarial

Standard Bank Group; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial institution in South Africa is seeking an Analyst, Actuarial to lead technical and retail modeling initiatives. The ideal candidate will focus on developing innovative pricing models and supporting profitability objectives. Candidates should hold a relevant first-degree, have membership in an actuarial society, and possess substantial experience in pricing within the short-term insurance sector.

Qualifications

• First degree in relevant field. Honours is an advantage.
• Member of the Actuarial Society of South Africa or Institute and Faculty of Actuaries.
• At least 6 exemptions or actuarial exam passes.

Responsibilities

• Lead technical, retail, and expense modelling.
• Maintain, develop, and implement pricing models.
• Support the development of innovative products.

Skills

Analytical skills

Pricing model development

Data analysis

Experience in short-term insurance

Education

3-year BSc or 4-year B BusSc/BCom with actuarial majors

Member of Actuarial Society of South Africa

Job description

Job Title

Analyst, Actuarial

Location

Gauteng, Roodepoort

Deadline

November 10

Overview

To take lead of technical, retail and expense modelling.

Maintaining, developing, and implementing market leading pricing models.

Support development of new and innovative products and models.

To assist with setting up of monitoring framework.

To take lead of policy admin system (PAS) pricing requirements implementation.

Supporting management to ensure profitability and objectives are met.

Qualifications

Type of Qualification: First Degree

Field of Study: 3-year BSc, 4-year B BusSc or BCom with actuarial majors. Honours is an advantage.

Member of Actuarial Society of South Africa / Member of the Institute and Faculty of Actuaries.

At least 6 exemptions / actuarial exam passes

Experience Required

4-7 years of short-term pricing experience.

Experience with data is preferred.

Experience in short term insurance pricing.

Experience in system (PAS, rating engine or claims) implementation.