Senior Insurance Risk Lead — Actuarial Modeling

Placements24; Johannesburg; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Medical aid

Pension fund

Professional development

Career advancement potential

Job summary

Placements24 in Johannesburg seeks a Senior Insurance Risk Assessor to evaluate and mitigate risks across life, short-term and health portfolios. The role focuses on developing risk models and providing expert risk advice.

You will collaborate with actuarial, underwriting and claims teams, prepare reports for senior management, and monitor regulatory changes to ensure robust risk management practice in the South African market.

Qualifications

• Bachelor's or Master's degree in a quantitative field.
• 5-7 years in insurance risk assessment or related role.
• Proven experience with statistical modeling software and data analysis tools.

Responsibilities

• Conduct in-depth analysis of insurance risks across products and portfolios.
• Develop and implement risk models to quantify financial exposures.
• Evaluate internal controls and risk mitigation strategies.

Skills

Statistical modeling

Actuarial analysis

Risk management

Data analysis

Communication skills

Education

Bachelor's or Master's in Actuarial Science/Statistics/Mathematics/Finance

Tools

R

Python

SAS

Job description

Placements24 in Johannesburg seeks a Senior Insurance Risk Assessor to evaluate and mitigate risks across life, short-term and health portfolios. The role focuses on developing risk models and providing expert risk advice.

You will collaborate with actuarial, underwriting and claims teams, prepare reports for senior management, and monitor regulatory changes to ensure robust risk management practice in the South African market.