Senior Insurance Actuary - Pricing, Reserving & Strategy

Placements24; Benoni; On-site; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary

Medical and retirement benefits

Generous annual leave

Professional development support

Stable work environment in Benoni

Job summary

Placements24 in Benoni is seeking a Senior Insurance Actuary to join the core team. The role involves applying advanced mathematical and statistical methods to assess financial risks, price insurance products, and manage capital.

You will influence pricing, reserving, solvency, and regulatory compliance, and mentor junior actuaries while collaborating with underwriting, claims, and finance. Office-based in Gauteng.

Qualifications

• Fellowship or near-fellowship status with a recognized actuarial society.
• 5+ years of insurance actuarial experience.
• Advanced proficiency in actuarial modeling software and statistical analysis tools.
• Excellent written and verbal communication skills.
• Strong understanding of financial modeling, risk management, and regulatory environments.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
• Analyze financial data to assess profitability and risk of insurance products and portfolios.
• Ensure compliance with statutory reporting requirements and solvency regulations.
• Provide expert actuarial advice to support strategic business decisions and product development.
• Collaborate with underwriting, claims, and finance teams to provide data-driven insights.
• Mentor and guide junior actuaries and analysts within the department.

Skills

Actuarial software

Statistical analysis

Education

Fellowship or near-fellowship with a recognized actuarial society (e.g., ASISA)

Job description

Placements24 in Benoni is seeking a Senior Insurance Actuary to join the core team. The role involves applying advanced mathematical and statistical methods to assess financial risks, price insurance products, and manage capital.

You will influence pricing, reserving, solvency, and regulatory compliance, and mentor junior actuaries while collaborating with underwriting, claims, and finance. Office-based in Gauteng.