Junior Actuarial Analyst — Africa Banking Impact

absa; Johannesburg; On-site; ZAR 350,000 - 500,000; Full time

Job summary

Absa Bank Limited in Johannesburg invites applications for an actuarial specialist role focused on supporting sound financial risk management and business performance through probabilistic and statistical methods.

Responsibilities include data preparation for reserving, analytics, and contributing to product design and pricing. The role works under supervision to develop insights that inform strategic decisions.

Qualifications

• Bachelor's degree in actuarial science or related field.
• Specialist actuarial support experience is desirable.
• Strong analytical and statistical skills.

Responsibilities

• Perform basic actuarial production processes under direct supervision.
• Prepare data inputs for actuarial calculations and reserving analyses.
• Create management information and experience analyses for pricing or risk assessments.
• Support product development through competitor analysis and specification formulation.
• Run basic models to assist in reserving and business case decisions.

Skills

Actuarial analytics

Data analysis

Statistical methods

Education

Bachelor's Degree: Actuarial Science

Job description

Absa Bank Limited in Johannesburg invites applications for an actuarial specialist role focused on supporting sound financial risk management and business performance through probabilistic and statistical methods.

Responsibilities include data preparation for reserving, analytics, and contributing to product design and pricing. The role works under supervision to develop insights that inform strategic decisions.