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Actuarial Analyst

Boardroom Appointments3,354 open roles

Where
Johannesburg, South Africa
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Your applicationOpen nowActuarial AnalystBoardroom Appointments · Johannesburg, South Africa
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The clock on this job

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12.1% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.1%7 days
  4. 19.1%14 days
  5. 35.6%30 days
  6. 52.7%60 days
This job: first seen 3 days ago

The posting

Actuarial Analyst

Minimum Requirements:

  • Matric (Grade 12)
  • Minimal external interaction
  • Network of contacts within the actuarial profession
  • University degree in actuarial science, statistics, mathematics, or a related field.
  • Pursuing Actuarial qualification (per local society).
  • One to three years of experience in an actuarial environment.
  • Self-motivation and drive.
  • Professional, enthusiastic, and positive attitude.
  • Able to meet deadlines and work under pressure.

Responsibilities:

  • General
  • Provide basic actuarial services with minimal supervision by a more experienced actuary/actuarial specialist.
  • Perform more complex analyses as assigned under the supervision of a more experienced actuary/actuarial specialist.
  • Demonstrate increasing knowledge of relevant actuarial disciplines and procedures to be able to provide first class service to internal customers.
  • Actively pursue local actuarial qualification and demonstrate consistent progress toward designation.
  • Reserving specific
  • Under general direction, support reserving, portfolio profitability analysis, reinsurance analysis, or market facing business units in support of business objectives.
  • With appropriate review and governance from Management coordinate, prepare, and perform actuarial analyses including and premium projections, consultation on actuarial models, and risk-based capital issues.
  • Support finance, market-facing business units, claims, risk, capital management, and other functions on reserving, portfolio pricing, and strategic business decisions.
  • Pricing specific
  • Under general direction, support the pricing of new/renewal business, development of effective premium/rating structure, the formal
  • Profitability Review process and development of strategies in support of business objectives.
  • Provide support for management of profit margins on new and renewal business.
  • With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including analysis of loss and expense reserves as relates to pricing adequacy and strategic direction.
  • Provide consultation and technical expertise on actuarial models and risk issues, and support Market
  • Facing and Technical Underwriters on pricing decisions.
  • Capital specific
  • Under general direction, support capital modelling, data quality and regulatory returns.
  • With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including collection of information from various stakeholders across the business.
  • Business Support specific
  • Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
  • Perform data analytics and/or reinsurance analysis.
  • Pricing specific
  • Under general direction, support the pricing of new/renewal business, development of effective premium/rating structure, the formal
  • Profitability Review process and development of strategies in support of business objectives.
  • Provide support for management of profit margins on new and renewal business.
  • With appropriate review and guidance from Manager, coordinate, prepare and perform actuarial analyses including analysis of loss and expense reserves as relates to pricing adequacy and strategic direction.
  • Provide consultation and technical expertise on actuarial models and risk issues, and support Market
  • Facing and Technical Underwriters on pricing decisions.
  • Business Support specific
  • Support actuarial services related to Risk Based Capital model development, parameterisation, and allocation activities.
  • Perform data analytics and/or reinsurance analysis.
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