Actuarial Analyst

1 month ago


Johannesburg, South Africa Network Recruitment Full time
Key Responsibilities:
  • Assist in developing pricing strategies for existing and new lines of business.
  • Analyze portfolio performance and provide recommendations to guide pricing decisions.
  • Collaborate with internal teams such as Underwriting, Claims, Finance, and Sales to optimize pricing strategies.
  • Support senior management with actuarial analysis, insights, and business recommendations.
  • Ensure data accuracy and integrity in pricing models.
  • Monitor profitability, renewals, and pricing targets, making adjustments as needed.
  • Participate in Mergers & Acquisitions analyses and special projects.
  • Support pricing initiatives and contribute to data analytics efforts within the organization.
Qualifications & Experience:
  • At least 5 years of experience in short-term insurance pricing, including modelling and deployment.
  • Strong background in providing actuarial advice and support to senior management.
  • Experience in underwriting, portfolio management, and working within cross-functional teams.
  • Previous exposure to large IT development projects and project management.
  • A University degree in Actuarial Science or a related field (NQF Level 7).
  • FASSA or an international equivalent qualification is preferred.
Skills & Competencies:
  • Strong analytical skills with the ability to influence decisions through data insights.
  • Ability to meet deadlines and manage multiple priorities under pressure.
  • Knowledge of statistical and actuarial pricing tools and methods.
  • Proficient in computer literacy (SAS, VBA, Pricing Software, etc.).
  • Understanding of portfolio management, optimization methods, and underwriting strategies.
  • Excellent communication skills, with the ability to explain complex technical concepts to diverse audiences.


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