Senior Insurance Risk Analyst - Hybrid, Growth & Impact

Placements24; Midrand; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Annual bonus

Medical aid

Provident fund

Professional development

Job summary

Placements24 in Midrand, Gauteng, is seeking a Senior Insurance Risk Analyst to evaluate and mitigate risks across the insurance portfolio. The role combines on-site collaboration with remote flexibility and requires expertise in actuarial modeling, data analysis, and SA regulatory frameworks.

You will develop risk management strategies, provide insights to shape business decisions, and mentor junior analysts in a dynamic team.

Qualifications

• Masters degree in a quantitative field required.
• Minimum 5 years in insurance risk management or actuarial analysis.
• Proficiency with statistical tools and risk mgmt software.
• Strong analytical, communication, and presentation skills.

Responsibilities

• Develop, implement, and maintain risk assessment frameworks and models for insurance products.
• Analyze market trends, economic conditions, and regulatory changes to identify risks and opportunities.
• Conduct stress testing and scenario analysis to evaluate portfolio resilience.
• Collaborate with underwriting, claims and finance for integrated risk management.
• Prepare risk reports and present findings to senior management and committees.
• Monitor KRIs and develop mitigation strategies.

Skills

Statistical modeling

Actuarial principles

Data analysis

Communication

Education

Master’s degree in Actuarial Science/Statistics/Finance/Mathematics

Tools

R

Python

SAS

Job description

Placements24 in Midrand, Gauteng, is seeking a Senior Insurance Risk Analyst to evaluate and mitigate risks across the insurance portfolio. The role combines on-site collaboration with remote flexibility and requires expertise in actuarial modeling, data analysis, and SA regulatory frameworks.

You will develop risk management strategies, provide insights to shape business decisions, and mentor junior analysts in a dynamic team.