Senior Actuarial Analyst — Hybrid, Growth & Leadership

Placements24; Midrand; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonuses

Medical aid plan

Retirement savings fund

Ongoing actuarial study support

Hybrid work model

Job summary

Placements24 in Midrand seeks a Senior Actuarial Analyst to develop pricing models and provide data-driven pricing insights for the insurance portfolio. You will collaborate with underwriting and product development to align pricing with market conditions and company strategy.

The role offers a hybrid work arrangement in Gauteng and opportunities to mentor junior team members while staying abreast of the latest actuarial methods and market trends.

Qualifications

• 5+ years of actuarial experience in insurance.
• Progress toward or completion of actuarial examinations.
• Strong proficiency in statistical modeling software and programming languages (R, Python, SQL, Prophet).
• Excellent analytical and quantitative skills.
• Experience in insurance pricing and reserving.

Responsibilities

• Develop, implement, and maintain pricing models for insurance products.
• Analyze historical data and market trends to forecast claims costs and determine premiums.
• Conduct profitability analyses and identify key drivers of financial performance.
• Collaborate with underwriting to support pricing strategies.
• Prepare detailed reports for senior management on pricing, reserving, and risk management.
• Ensure regulatory compliance and industry best practices in actuaries activities.
• Mentor junior actuaries and stay updated on actuarial developments.

Skills

R

Python

SQL

Prophet

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

Tools

Prophet

Job description

Placements24 in Midrand seeks a Senior Actuarial Analyst to develop pricing models and provide data-driven pricing insights for the insurance portfolio. You will collaborate with underwriting and product development to align pricing with market conditions and company strategy.

The role offers a hybrid work arrangement in Gauteng and opportunities to mentor junior team members while staying abreast of the latest actuarial methods and market trends.