Junior Actuarial Specialist

2 weeks ago

Sandton, South Africa The Recruitment Council Full time
Our client is on the lookout for a Junior Actuarial Specialist to support our business goals through effective actuarial modelling and monitoring of key solutions. The ideal candidate will use actuarial models to identify business challenges, monitor performance, and provide effective, data-driven solutions.

Key Responsibilities:

Business Requirements Identification:
  • Elicit and analyze complex business requirements through interviews, workshops, and workflow analysis.
  • Develop clear and concise business solutions, addressing root causes rather than symptoms.
  • Document and refine actuarial models to meet evolving business needs.

Stakeholder Engagement:
  • Collaborate with internal and external stakeholders to address their needs, providing clear and timely feedback.
  • Lead the development of engagement plans and ensure stakeholders are up to date with project progress.

Actuarial Modeling:
  • Translate business objectives into well-defined models, ensuring accuracy in scope, data, and assumptions.
  • Regularly monitor and adjust models to reflect business realities, providing transparent documentation.

Data Collection & Analysis:
  • Use data from various sources to assess key themes impacting the business.
  • Ensure data accuracy by reconciling with credible sources and acquiring sign-off from senior management before use.

Model Deployment & Testing:
  • Plan and manage system changes, ensuring thorough impact and sensitivity analyses.
  • Develop clear documentation for model deployment and implement monitoring processes to track performance.

Insights & Reporting:
  • Design and execute reporting strategies, delivering actionable insights to stakeholders.
  • Regularly validate data accuracy and provide ecosystem insights to enhance business decision-making.

Performance Management:
  • Manage a diverse team, setting performance objectives and ensuring the achievement of team goals.
  • Oversee the development of talent pipelines and succession planning within the actuarial function.

Improvement & Innovation:
  • Continuously enhance business practices by developing new solutions and refining existing models.
  • Stay current with actuarial techniques and proactively suggest improvements.

Operational Compliance:
  • Ensure adherence to professional and regulatory standards, maintaining high levels of integrity and professionalism.

Team Development:
  • Mentor and coach staff in data analysis, model development, and business acumen.
  • Train and upskill the team to meet evolving business requirements.

Project Management:
  • Oversee a portfolio of projects, ensuring timelines and quality standards are met.

Behavioral Competencies:
  • Action Oriented
  • Manages Complexity
  • Resilience
  • Business Insight
  • Accountability
  • Effective Communication
  • Collaboration
  • Financial Acumen
  • Optimizes Work Processes
  • Persuasion
  • Builds Networks
  • Plans and Aligns
  • Instills Trust
  • Interpersonal Savvy
  • Decision Quality
  • Conflict Management
  • Customer Focus

Skills Required:
  • Advanced actuarial and statistical modeling
  • Strong mathematical and statistical background
  • Data collection, analysis, and management
  • Writing and verbal communication skills
  • Presentation and analytical processes
  • Action planning and project management
  • Compliance with regulatory standards
  • Expertise in actuarial and statistical software, advanced Microsoft Office

Qualifications:
  • Bachelors or Honours degree in Actuarial Science or related field
  • Progress toward or completion of an Actuarial qualification

Experience:
  • 4+ years of actuarial experience in a life insurance environment
  • If you are passionate about solving complex problems through data-driven actuarial solutions, we invite you to apply for this exciting role.

  • Junior Actuarial Specialist

    4 weeks ago

    Sandton, South Africa The Recruitment Council Full time

    Our client is on the lookout for a Junior Actuarial Specialist to support our business goals through effective actuarial modelling and monitoring of key solutions. The ideal candidate will use actuarial models to identify business challenges, monitor performance, and provide effective, data-driven solutions.Key Responsibilities:Business Requirements...

  • Actuarial Solutions Specialist

    3 days ago

    Sandton, South Africa beBee Careers Full time

    Job DescriptionThe role of Junior Actuarial Specialist involves supporting business goals through effective actuarial modeling and monitoring of key solutions. The ideal candidate will utilize actuarial models to identify business challenges, monitor performance, and provide effective, data-driven solutions.Key Responsibilities:Elicit and analyze complex...

  • Actuarial Executive

    2 weeks ago

    Sandton, South Africa Moving Heads Personnel Full time

    **Actuarial Executive (Life)** **Johannesburg** - Assist senior managers where necessary. - Reserving/statutory valuations/SAM Pillar I. - Product pricing and design. - Capital modelling and Asset liability modelling. - Supporting the Head of Actuarial Function. - Reinsurance reviews. - Drafting reports and communications. - Supporting the consulting...

  • Business Intelligence Analyst

    3 days ago

    Sandton, South Africa beBee Careers Full time

    About the RoleThis Junior Actuarial Specialist position involves working closely with internal and external stakeholders to develop effective actuarial models that drive business growth.Key Responsibilities:Develop clear and concise business solutions addressing root causes rather than symptoms.Collaborate with stakeholders to ensure their needs are...

  • Actuarial Analyst

    3 days ago

    Sandton, South Africa F & G Sourcing Specialist Full time

    Our consulting client is seeking an Actuarial Analyst to join their Employee Benefits team in Johannesburg. **Responsibilities**: - Provide technical advice to clients regarding employee benefits, including statutory and accounting valuations and all related fund/corporate services - Wider employee benefits consulting to funds and their sponsoring...

  • Junior Data Scientist Actuarial Analyst

    1 week ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Life**Function**:Actuarial Sciences**Date**:29 Nov 2024- Discovery Life**Junior Data Scientist | Actuarial Analyst** - Advanced Analytics**About Discovery** - Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support...

  • Insurance Actuary: Regulatory Compliance Specialist

    15 hours ago

    Sandton, South Africa beBee Careers Full time

    Job SummarySantam Structured Insurance is seeking a highly skilled insurance actuary to join their team as a regulatory compliance specialist. The successful candidate will be responsible for performing first-line actuarial work, including regulatory and financial reporting.About the RoleThe ideal candidate will have a strong background in actuarial science...

  • Junior Actuarial Manager

    2 weeks ago

    Sandton, South Africa The Recruitment Council Full time

    Join a dynamic team responsible for leading Actuarial Analysts, with a focus on effectively modeling and monitoring actuarial solutions across all of the company's short-term brands, products, and distribution channels. This role will play a critical part in achieving the business objectives set by senior management. Key Responsibilities: Business...

  • Actuarial Manager

    3 weeks ago

    Sandton, South Africa Discovery Limited Full time

    Select how often (in days) to receive an alert:ActuaryBusiness Unit: Vitality RSAFunction: Actuarial SciencesDate: 2 Apr 2025About DiscoveryDiscovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with...

  • Actuarial Manager

    2 weeks ago

    Sandton, South Africa Discovery Limited Full time

    Select how often (in days) to receive an alert: Actuary Business Unit: Vitality RSA Function: Actuarial Sciences Date: 2 Apr 2025 About Discovery Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values...