Actuarial Degree in numerical science, e.g. Mathematics, Statistics, Actuarial, Data Science
For junior role: One to two years working experience, preferably in general insurance.
For more senior role: Three to five years working experience, preferably in general insurance.
Advanced computer literacy skills in one or more of the following: Emblem, SAS, SQL, R, Python, etc.
Duties & Responsibilities
Actuarial Analyst
Positions available in Sandton, Johannesburg and Cape Town
Junior and Senior Positions.
Data Analytics Team with a focus on the personal and commercial lines businesses.
Accountable for actuarial functions which will contribute to the profitable development and financial results of the Group.
Working closely with the senior management team across Product, Pricing, Underwriting and Claims Services contributing to the development and execution of the broader strategy.
Key Accountabilities
Develop effective pricing and risk management strategies to balance profitability and growth
Benefit tracking and performance monitoring of financial, underwriting and distribution indicators
Create and maintain business reports to direct thought processes that drives action
Contribute to the development and maintenance of the internal data assets to support pricing and other modelling initiatives
Continuous process improvement and strategy evaluation
Participate in strategic projects where actuarial input is required
Support current underwriting segmentations models
Interacting with distribution (sales) and claims with the objective of constantly incorporating market trends into the product solution value chain
Supporting the development of product solutions for various market segments and channels
Ad-hoc analysis - statistical investigations as required from time to time by the business
Desired Experience & Qualification
Strong modelling skills including experience in performing statistical investigations and building pricing / predictive models
Strong data management skills
Logical and analytical ability
Self-starter, problem solver and finisher
Good report writing and presentation skills
