Lead Actuarial Analyst

Placements24; Stellenbosch; Hybrid; ZAR 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Hybrid work

Medical, dental, retirement benefits

Study leave and professional dev

Bonuses

Job summary

Placements24 is seeking an accomplished Lead Actuarial Analyst to join its Stellenbosch team in a hybrid role. You will lead a team of actuarial professionals and oversee pricing, reserving, and forecasting models, delivering insights to shape pricing decisions and business strategy.

The role requires Fellowship with SA actuarial society and at least 8 years of progressive actuarial experience within insurance, with strong leadership, Prophet/RADAR expertise, and excellent communication skills.

Qualifications

• Fellowship with the Actuarial Society of South Africa.
• Minimum of 8 years of progressive actuarial experience in insurance.
• Proven leadership experience leading a team.
• Expertise in Prophet and RADAR and statistical modeling techniques.
• Exceptional analytical and problem-solving skills.
• Strong communication and presentation skills.

Responsibilities

• Lead and mentor a team of actuarial analysts and guide project execution.
• Develop, implement, and validate complex actuarial models for pricing, reserving, and forecasting.
• Analyze large datasets to identify trends and inform strategic decisions.
• Ensure compliance with actuarial standards, regulatory requirements and internal policies.
• Communicate complex findings to senior management and non-technical stakeholders.
• Collaborate with underwriting, claims, and finance to provide actuarial expertise.

Skills

Leadership

Analytical thinking

Communication

Statistical modeling

Education

Fellowship with Actuarial Society of SA

Tools

Prophet

RADAR

Job description

About the Role

Our client is looking for an accomplished Lead Actuarial Analyst to join their dynamic team in Stellenbosch . This hybrid role focuses on applying advanced statistical and mathematical methods to assess financial risks and price insurance products. You will lead a team of actuarial professionals, oversee complex modeling projects, and provide critical insights to inform business strategy and pricing decisions. This is a prime opportunity for an experienced actuary to make a significant impact within a progressive insurance company, leveraging both remote flexibility and in-office collaboration.

Key Responsibilities

• Lead and mentor a team of actuarial analysts, guiding their technical development and project execution.
• Develop, implement, and validate complex actuarial models for pricing, reserving, and financial forecasting.
• Analyze vast datasets to identify trends, assess risk exposures, and inform strategic decision-making.
• Ensure compliance with all relevant actuarial standards, regulatory requirements, and internal policies.
• Communicate complex actuarial findings and recommendations clearly to senior management and non-technical stakeholders.
• Collaborate with other departments, including underwriting, claims, and finance, to provide actuarial expertise.

Requirements

• Fellowship or near-fellowship status with a recognized actuarial society (e.g., Actuarial Society of South Africa).
• Minimum of 8 years of progressive experience in actuarial analysis within the insurance industry .
• Proven leadership experience, with the ability to manage and motivate a team.
• Expertise in actuarial software (e.g., Prophet, RADAR) and statistical modeling techniques.
• Exceptional analytical, quantitative, and problem-solving skills.
• Strong communication and presentation skills, capable of conveying complex information effectively.

Benefits

• Highly competitive salary and performance-related bonuses.
• Hybrid work arrangement offering flexibility and work-life balance.
• Comprehensive medical, dental, and retirement benefits.
• Generous support for professional development, including exam fees and study leave.
• Dynamic and collaborative work environment in scenic Stellenbosch .