Actuarial Analyst

The Actuarial Analyst will be responsible for analyzing and interpreting data to provide insight into the financial implications of risk and uncertainty for various insurance and financial products.

They will work closely with the Actuarial team to develop and enhance pricing models, perform statistical analysis, and conduct actuarial valuations.

Responsibilities:

1. Perform calculations required under SAM, SARB reporting, and internal management reporting.
2. Perform calculations and scenario testing for the ORSA cycle.
3. Provide technical support for new business investigations and pricing reviews.
4. Develop data requirements and reporting templates to support regulatory reporting.
5. Develop business requirement specifications through discussions and interviews with relevant stakeholders.
6. Track companywide offshore investment capacity.
7. Perform or review portfolio revisions or individual contract adjustments.
8. Develop functional and technical specification documentation.
9. Continuously identify and implement incremental improvements to current processes.
10. Liaise with relevant stakeholders to prioritize project deliverables.
11. Manage stakeholder communications effectively, keeping management, users, and developers informed of progress and managing expectations.

Requirements:

1. A relevant tertiary qualification is essential – Bachelor's Degree (Finance / Risk Management / Mathematics / Actuarial science).
2. 2–3 years' experience as an Actuarial or Risk analyst.
3. If following the Actuarial track, steady progression with Actuarial exams.
4. Registration as a student member with ASSA.
5. Basic SQL and programming skills required.
6. Must have Financial Services experience.
7. Work experience in a stockbroking / security environment beneficial.
8. Investment Management or LISP platform experience beneficial.
9. Must have creative skills in providing possible solutions to business requirements.

Please note that correspondence will only be conducted with shortlisted candidates for this position. Should you not hear from us within 3 days, please consider your application unsuccessful.

Full Time Company Social