Senior Insurance Actuary — Hybrid, Bloemfontein

Placements24; Bloemfontein; Hybrid; ZAR 1,200,000 - 2,300,000; Full time

Benefits offered by this job

Bonus structure

Hybrid work flexibility

Medical, retirement and life assurance

Professional development support

Challenging actuarial projects

Job summary

Placements24 in Bloemfontein seeks a skilled Insurance Actuary to join a hybrid team focusing on pricing, reserving, and product development. You will develop models, analyze data, and advise on financial risks to support strategic decisions across underwriting and finance.

You will collaborate with senior management and regulators, mentor junior staff, and contribute to regulatory compliance and ongoing actuarial examinations. This role offers growth and impact.

Qualifications

• Requires Associate or Fellow of ASSA/SOA/CAS with actuarial experience.
• Minimum 5 years post-qualification experience in life or general insurance actuarial roles.
• Strong proficiency in actuarial software, Python, R, and database management.
• Expertise in actuarial modeling, reserving techniques, and capital management.
• Excellent analytical, problem-solving, and communication skills.
• Experience in a hybrid work environment across departments.

Responsibilities

• Perform actuarial calculations for pricing, reserving, and solvency, ensuring accuracy and compliance.
• Develop and maintain actuarial models to support strategic planning and decision-making.
• Analyze insurance data to identify trends, assess risks, and forecast future financial outcomes.
• Collaborate with regulatory bodies and auditors to ensure compliance with all relevant legislation.
• Assist in the development and launch of new insurance products, conducting feasibility studies and pricing analyses.
• Mentor and guide junior actuarial staff, fostering their professional development.

Skills

Analytical thinking

Communication skills

Education

ASSA/SOA/CAS credential

Tools

Python

R

SQL

Actuarial software

Job description

Placements24 in Bloemfontein seeks a skilled Insurance Actuary to join a hybrid team focusing on pricing, reserving, and product development. You will develop models, analyze data, and advise on financial risks to support strategic decisions across underwriting and finance.

You will collaborate with senior management and regulators, mentor junior staff, and contribute to regulatory compliance and ongoing actuarial examinations. This role offers growth and impact.