Senior Actuarial Analyst | Life Insurance | Johannesburg

The Recruitment Council; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading recruitment firm is seeking a permanent Senior Actuarial Analyst to oversee strategic projects in life insurance. This role requires a strong actuarial background with a focus on risk, credit life, and investments. The successful candidate will drive project delivery and mentor junior staff, with opportunities for future management responsibilities.

Qualifications

• Advanced Diplomas / National 1st Degrees with a focus on Actuarial Science.
• 4+ years of Actuarial experience and at least 9 ASSA exams passed.
• Experience in Risk, Credit Life, or Investments highly valued.

Responsibilities

• Managing small to medium-sized strategic projects across the life portfolios.
• Communicating results to stakeholders and identifying process improvements.
• Mentoring junior staff and contributing to culture-building initiatives.

Skills

Data Analysis

Problem Identification

Stakeholder Communication

Microsoft Office

Education

BSc (Actuarial Science) Hons

Advanced Diplomas / National 1st Degrees

Tools

Relevant Software and Systems

Job description

Our client, a Banking Giant, is looking to recruit a permanent Senior Actuarial Analyst.

This Senior Actuarial Analyst will drive the delivery of small to medium strategic projects in the life insurance solutions team spanning across all portfolios; in line with the company's Client Value Proposition.

The types of projects will vary but may include the delivery of new products, product enhancements, assistance with launch of newer channels, pricing or competitor reviews, and delivery of other capabilities that will assist the company's insurance in growing its life licence solutions.

Job Responsibilities: The primary purpose of the person in this role will be responsible for running a number of small to medium-sized strategic projects across all 3 life portfolios, namely Risk, Credit Life, and Investments.

This will initially be a specialist role reporting directly to the Head of Life Solutions but working closely with the Portfolio Managers for the 3 life portfolios.

The role could expand to include management responsibilities in the future.

Other responsibilities include:

• Assisting the Head of Life Solutions with delivery of tasks spanning the 3 life portfolios.
• Managing relationships with key stakeholders (both internal and external).
• Communicating results to wider business stakeholders for further action.
• Assisting with identifying areas of improvement in processes and reporting within the product teams.
• Contributing to the completion of Actuarial Committee and Board packs.
• Being an active member of the Actuarial team and mentoring junior staff.
• Participating in the company's culture-building initiatives.
• Staying updated in the field of expertise and building capability through training and development.

Qualifications: Advanced Diplomas / National 1st Degrees, BSc (Actuarial Science) Hons.

Experience: 4+ years of Actuarial experience across Risk, Credit Life, or Investments, with at least 9 Actuarial exams passed (ASSA), nearly qualified.

Technical / Professional Knowledge includes: Administrative procedures, banking knowledge, business principles, data analysis, governance, risk and controls, Microsoft Office, relevant software and systems, and business writing skills.

Behavioural Competencies: Adaptability, applied learning, communication, collaboration, innovation, work standards.