Short Term Actuarial Analyst

Network Recruitment; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading recruitment firm is seeking an Innovative Actuarial Pricing Analyst in Johannesburg to develop and refine pricing models for short-term insurance products. Ideal candidates will have experience in short-term insurance pricing, knowledge of actuarial principles, and proficiency in programming tools like R or Python, alongside a keen interest in machine learning and AI applications.

Qualifications

• 2 to 3 years experience in short-term insurance pricing is essential.
• Solid knowledge of actuarial principles, GLMs, and statistical modeling.
• Self-motivated, adaptable, and thrives in fast-paced environments.

Responsibilities

• Develop and refine pricing models for short-term insurance products.
• Analyze insurance datasets to enhance pricing accuracy.
• Support design and validation of actuarial pricing frameworks.

Skills

Experience in short-term insurance pricing

Knowledge of actuarial principles

Proficiency in R, Python, or similar tools

Strong analytical skills

Communication skills

Interest in machine learning and AI

Education

Almost or newly qualified Actuary (ASSA)

Tools

R

Python

Job description

Innovative Actuarial Pricing Analyst – Short-Term Insurance

Are you ready to shape the future of short-term insurance pricing? Join a forward-thinking actuarial technology team where your skills in pricing, analytics, and actuarial modeling won’t just be applied – they’ll be valued, expanded, and celebrated.

Our client is at the forefront of innovation, creating AI-powered solutions for the non-life (P&C) insurance industry. By combining actuarial expertise with advanced AI, they deliver pricing and risk models that are accurate, efficient, and transparent. This is your opportunity to be at the center of transformation, redefining how short-term insurance is priced and delivered.

Key Responsibilities

• Develop and refine pricing models for short-term insurance products.
• Analyze insurance datasets to identify trends that enhance pricing accuracy.
• Support the design and validation of actuarial and AI-driven pricing frameworks.
• Participate in client implementation projects, offering actuarial expertise.
• Stay current with short-term insurance market developments and regulatory requirements.
• Contribute to research initiatives driving actuarial innovation in pricing.

Job Experience and Skills Required

• Experience in short-term insurance pricing is essential 2 to 3 years
• Nearly or newly qualified Actuary (ASSA).
• Solid knowledge of actuarial principles, GLMs, and statistical modeling.
• Proficiency in R, Python, or similar programming tools.
• Strong analytical and communication skills.
• Keen interest in machine learning and AI applications within short-term insurance.
• Self-motivated, adaptable, and thrives in a fast-paced, innovative environment.

Apply now!

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