Actuarial Analyst

ROLE PROFILE – ACTUARIAL/QUANTITATIVE AND BUSINESS SOLUTIONS ANALYST

Job Type: Full-Time

Job Description:

Drive ASI Financial Services towards its organisational goals by developing efficient solutions and tools. The role focuses on aligning internal requirements with external customer needs and ensuring business scalability. A strong analytical mindset, problem-solving abilities and excellent communication skills are essential for effective collaboration with a variety of stakeholders.

Key Responsibilities:

• Conduct data requisitions and analyses to support business needs
• Develop and maintain actuarial models and tools for decision-making and reporting
• Analyse complex data sets to identify trends, patterns and actionable insights
• Collaborate with cross-functional teams on new business initiatives, including quoting and pricing analysis
• Develop and automate business reports and solutions using Excel, Power BI and SQL
• Serve as the key liaison between the business and external development teams
• Gather and translate business requirements into functional specifications
• Create wireframes, workflow and process diagrams for solution development
• Ensure the accuracy of CRM system data and manage its development
• Provide CRM system training to users and facilitate improvements
• Lead the implementation and enhancement of information security strategies
• Ensure compliance with information security standards and drive governance improvements
• Perform IAS 19 actuarial valuations, including data preparation, analysis and modelling
• Conceptualise and develop new financial models to support business growth
• Develop client and business reports with dashboards and data visualisations.

Required Experience and Qualifications:

• Tertiary qualification in Actuarial Science, Mathematics, Statistics, Computer Science or related fields (preferable)
• Honours degree (advantageous)
• Minimum of three years’ experience in actuarial modelling, data analysis or business analysis
• Strong understanding of actuarial concepts and principles
• Experience in financial services (preferable)
• Exposure to insurance, healthcare, group risk and retirement fund products
• Knowledge of short-term insurance products (advantageous)
• Familiarity with post-employment healthcare valuations and mergers & acquisitions (advantageous)
• Proficiency in R, Python, VBA and SQL
• Experience with data visualisation tools like Power BI
• Understanding of medical scheme and retirement fund legislation (advantageous)
• Broker accreditation with the Council for Medical Schemes and First Level Regulatory Examination (advantageous).

Preferred Experience/Technical Skills:

• Completion of four to five actuarial exams or exemption recommendations (advantageous)
• Advanced Excel skills, including VBA/Macros and financial modelling
• Strong skills in data visualization and presentation
• Proficiency in Power BI, SQL and relevant programming languages (VBA, R, Python, etc.)
• Experience in information security, data governance and classification (advantageous)
• Ability to establish and maintain relationships with internal and external stakeholders.

Attributes:

• Integrity and honesty
• Excellent verbal and written communication skills
• Determination, persistence and solution-oriented mindset
• Strong attention to detail and ability to handle complex tasks
• Collaboration and teamwork skills
• Ability to work under pressure and deliver high-quality results
• Innovative, proactive and critical thinker
• Ability to conceptualise and develop new models
• Curiosity and a willingness to master new skills and technologies
• A sense of humour and a positive, can-do attitude.

Education:

• Bachelors (Required)

Experience:

• Wealth Industry: 5 years (Required)

Application Deadline: 2024/11/30