Senior Actuarial Analyst - Life Insurance

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 900,000 - 1,300,000; Full time

Job summary

Placements24 is seeking a Senior Actuarial Analyst for a prominent life insurance client in Richards Bay, KwaZulu-Natal. The role combines office collaboration with hybrid remote flexibility and focuses on complex actuarial calculations, pricing models, reserving, and capital management strategies.

The successful candidate will leverage advanced statistical techniques on large datasets and communicate insights to non-technical stakeholders.

Qualifications

• Must hold or be pursuing actuarial designation.
• Strong analytical and numerical modeling skills.
• Excellent communication skills for non-technical stakeholders.

Responsibilities

• Perform complex actuarial calculations and develop pricing models.
• Assess financial risks for life insurance products and contribute to reserving and capital management.
• Collaborate with finance, product development and risk management teams.

Skills

Actuarial software

Statistical analysis

Data interpretation

Education

Actuarial science degree

Job description

About the Role

Our client, a prominent life insurance company, is seeking a Senior Actuarial Analyst to enhance their actuarial department in Richards Bay, KwaZulu-Natal . This position offers a stimulating hybrid work model, combining office-based collaboration with remote flexibility. You will be responsible for performing complex actuarial calculations, developing pricing models, and assessing financial risks associated with our life insurance products. Your insights will be crucial in guiding product development, reserving, and capital management strategies. The ideal candidate will have a strong foundation in actuarial science, a keen analytical mind, and proficiency in actuarial software. We are committed to fostering a challenging yet rewarding work environment, supporting professional growth and the pursuit of actuarial designations. This is a fantastic opportunity to contribute to the financial health and strategic direction of our organization. You will work with vast datasets, applying advanced statistical techniques to derive actionable insights. Collaboration with other departments, including finance, product development, and risk management, will be essential. We are looking for a candidate who is not only technically proficient but also possesses excellent communication skills to articulate complex actuarial concepts to non-technical stakeholders. Your contribution will directly impact the company's ability to innovate and remain competitive in the dynamic life insurance market. Join a team that values expertise, integrity, and a forward-thinking approach to actuarial challenges.