Actuarial Analyst

Actuarial Analyst

Location: Johannesburg, South Africa

Salary: R1.1 Million CTC Per Annum

About the Client:

A pioneering organisation at the forefront of reinsurance, focusing on advanced solutions for risk assessment and product innovation. With a commitment to driving success through creativity and strategic thinking, this company offers a dynamic environment to explore and shape transformative projects across various sectors.

About the Role:

The client is seeking an Actuarial Analyst for their Technical Pricing Team under the Life Retail Product and Pricing department. The role involves performing experience reviews, pricing new business, ensuring risk management standards, and contributing to various projects to enhance product propositions.

Why Join Them?

1. Competitive Salary;
2. Collaborate with international colleagues on innovative projects;
3. Develop technical expertise in life reinsurance and expand your Actuarial career;
4. Participate in diverse projects like tenders, client-specific initiatives, and product development;
5. Work in a collaborative and diverse environment with support for personal and professional development.

Key Responsibilities:

1. Conduct experience reviews and price new business across regions;
2. Lead/participate in tenders, client projects, and product development initiatives;
3. Ensure compliance with actuarial and risk management standards;
4. Collaborate with client managers and support pricing strategies;
5. Provide high-quality actuarial consulting to clients in pricing, product development, and risk management.

Requirements:

1. Four or more years experience in life reinsurance or insurance;
2. Nearly or newly qualified Actuary;
3. Pricing experience with sound knowledge of life products, including mortality and morbidity rate setting;
4. Proficiency in actuarial modeling software such as Excel, VBA, SQL, and Power BI;
5. Strong verbal communication and presentation skills.