Senior Actuarial Analyst

Placements24; Randburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Hybrid work model

Bonus potential

Exam support

Insurance coverage

Job summary

Placements24 is seeking a Senior Actuarial Analyst to join its analytics team in Randburg. This hybrid role involves applying advanced statistical methods to price insurance products, assess financial risks, and support strategic planning.

You will lead modeling projects, mentor junior analysts, and collaborate with senior management. The ideal candidate will have progressed toward ASA/FSA credentials, extensive actuarial experience in insurance, and strong Python/R/SQL skills.

Qualifications

• Experience as an Actuarial Analyst within insurance.
• Advanced qualifications or progress towards actuarial certifications (e.g., ASA, FSA).
• Proficiency in actuarial modeling software and programming (Python/R/SQL).
• Strong analytical, problem-solving, and communication skills.

Responsibilities

• Develop, implement, and validate complex actuarial models for pricing, reserving, and forecasting.
• Analyze large datasets to assess financial impacts of insurance risks and market trends.
• Prepare actuarial reports and present findings to senior management and stakeholders.
• Ensure regulatory compliance and best practices across actuarial work.
• Mentor and guide junior actuarial analysts.

Skills

Actuarial experience

Analytical abilities

Communication skills

Education

ASA/FSA progress toward

Tools

Actuarial software

Python

R

SQL

Job description

About the Role

Our client is seeking a highly skilled and experienced Senior Actuarial Analyst to join their sophisticated analytics team in Randburg . This crucial role involves applying advanced mathematical and statistical methods to assess financial risks, price insurance products, and ensure the company's long-term financial stability. You will work on complex modeling projects, contribute to strategic planning, and mentor junior analysts. This hybrid position offers the best of both worlds: collaborative team engagement and the flexibility of remote work, based out of our Randburg hub.

Key Responsibilities

• Develop, implement, and validate complex actuarial models for pricing, reserving, and financial forecasting.
• Analyze large datasets to assess the financial impact of insurance risks and market trends.
• Prepare detailed actuarial reports and present findings and recommendations to senior management and stakeholders.
• Ensure compliance with regulatory requirements and industry best practices in all actuarial work.
• Mentor and guide junior actuarial analysts, fostering their professional growth and development.

Requirements

• Advanced qualifications or progress towards actuarial certifications (e.g., ASA, FSA, or equivalent).
• Significant experience as an Actuarial Analyst within the insurance industry.
• Expertise in actuarial modeling software, statistical analysis techniques, and programming languages (e.g., Python, R, SQL).
• Strong understanding of insurance products, regulations, and financial principles.
• Excellent analytical, problem-solving, and communication skills.

Benefits

• Highly competitive salary and significant bonus potential.
• Hybrid work model providing flexibility and work-life balance.
• Generous support for actuarial exam preparation and professional development.
• Comprehensive health, life, and disability insurance.
• Opportunity to work on challenging projects in a collaborative environment in Randburg .