Junior Actuarial Analyst

2 months ago

Johannesburg, South Africa The Recruitment Council Full time

Job Title: Junior Actuarial Analyst

Job Description:

The Junior Actuarial Analyst will provide vital support to senior analysts and managers within the actuarial team. This role involves utilizing actuarial models to identify, analyze, and address business challenges while delivering effective solutions.

Key Responsibilities:

  • Model Deployment and Testing:
    Assist in planning and delivering system changes by engaging with users to gather requirements and collaborating with the team to design solutions. Conduct impact and sensitivity analyses to forecast profitability and policy growth associated with pricing changes. Document deployment processes and testing strategies to ensure successful implementation.

  • Data Collection & Analysis:
    Analyze data from various sources to identify trends and potential impacts on the business. Extract, verify, and reconcile data for actuarial models to ensure accuracy and completeness, aligning definitions and assumptions with problem statements.

  • Actuarial Modeling:
    Contribute to the development, maintenance, and implementation of actuarial models that accurately reflect business realities. Document models clearly, outlining their scope, definitions, data, and assumptions, while ensuring processes are in place to minimize risks of incorrect modeling.

  • Improvement & Innovation:
    Identify and address shortcomings in existing processes, systems, and procedures. Stay updated on industry developments and proactively assist in the creation of innovative solutions. Share insights on actuarial techniques to improve efficiencies across the business.

  • Business Requirements Identification:
    Support the collection of business requirements using various methods, ensuring documentation is comprehensive and aligned with experience assumptions. Contribute to the implementation of the actuarial control cycle, encompassing development, deployment, and monitoring.

  • Stakeholder Engagement:
    Facilitate internal stakeholder communication to keep relevant teams informed of project outcomes. Engage with external stakeholders to develop appropriate solutions for product development and maintain service level standards.

  • Insights and Reporting:
    Prepare data and analytics reports, assisting in the creation and presentation of insights and recommendations to stakeholders. Ensure the accuracy of monitoring processes and validate against credible data sources.

  • Operational Compliance:
    Understand and adhere to organizational policies, procedures, and relevant regulatory codes to ensure compliance in all work. Maintain professional integrity as per industry standards.

  • Performance Management:
    Prioritize workflow to meet quality and timeliness standards, utilizing performance management systems to enhance personal performance.

Required Qualifications:

  • Bachelors degree in Actuarial Science or a related field.
  • Progress toward actuarial qualifications is advantageous.
  • Experience in actuarial work within financial services is a plus.
  • Familiarity with actuarial and statistical software, including advanced Microsoft Office and Prophet.

Skills and Competencies:

  • Strong analytical and numerical skills.
  • Excellent data collection and analysis capabilities.
  • Attention to detail and compliance management.
  • Effective verbal and written communication skills.
  • Ability to work collaboratively and engage with stakeholders effectively.

This role offers an excellent opportunity for individuals looking to develop their careers in actuarial science within a supportive and innovative environment.

  • Junior Actuarial Analyst

    2 months ago

    Johannesburg, South Africa Jobted ZA C2 Full time

    Job Title: Junior Actuarial Analyst Job Description: The Junior Actuarial Analyst will provide vital support to senior analysts and managers within the actuarial team. This role involves utilizing actuarial models to identify, analyze, and address business challenges while delivering effective solutions. Key Responsibilities: - Model Deployment and...

  • Junior Actuarial Analyst

    2 months ago

    Johannesburg, South Africa The Recruitment Council Full time

    Job Title: Junior Actuarial Analyst Job Description: The Junior Actuarial Analyst will provide vital support to senior analysts and managers within the actuarial team. This role involves utilizing actuarial models to identify, analyze, and address business challenges while delivering effective solutions. Key Responsibilities: Model Deployment and Testing:...

  • Actuarial Analyst

    6 months ago

    Johannesburg, South Africa RPO Recruitment Full time

    RPO Recruitment's client in the short term insurance space is currently seeking an Actuarial Analyst to join their team in Johannesburg. As an Actuarial Analyst, you will play a crucial role in conducting complex risk analyses, financial forecasting, and providing insights for our clients in Johannesburg. This is an excellent opportunity to be part of a...

  • Senior Actuarial Analyst

    2 months ago

    Johannesburg, South Africa Jobted ZA C2 Full time

    Job Description: Senior Actuarial Analyst The Senior Actuarial Analyst will play a crucial role in providing actuarial technical support while mentoring junior analysts within the actuarial team. This position involves utilizing actuarial models to identify, model, and monitor business challenges, delivering effective solutions that drive organizational...

  • Senior Actuarial Analyst

    3 weeks ago

    Johannesburg, South Africa The Recruitment Council Full time

    Job Description: Senior Actuarial AnalystThe Senior Actuarial Analyst will play a crucial role in providing actuarial technical support while mentoring junior analysts within the actuarial team. This position involves utilizing actuarial models to identify, model, and monitor business challenges, delivering effective solutions that drive organizational...

  • Actuarial Data Analyst

    1 month ago

    Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    Job Title: Junior Actuarial AnalystJob Description:The Recruitment Council is seeking a talented Junior Actuarial Analyst to join our actuarial team. This role offers an excellent opportunity for individuals looking to develop their careers in actuarial science within a supportive and innovative environment.Main Responsibilities:Model Deployment and Testing:...

  • Senior Actuarial Analyst

    2 months ago

    Johannesburg, South Africa The Recruitment Council Full time

    Job Description: Senior Actuarial AnalystThe Senior Actuarial Analyst will play a crucial role in providing actuarial technical support while mentoring junior analysts within the actuarial team. This position involves utilizing actuarial models to identify, model, and monitor business challenges, delivering effective solutions that drive organizational...

  • Senior Actuarial Analyst

    2 months ago

    Johannesburg, South Africa The Recruitment Council Full time

    Job Description: Senior Actuarial Analyst The Senior Actuarial Analyst will play a crucial role in providing actuarial technical support while mentoring junior analysts within the actuarial team. This position involves utilizing actuarial models to identify, model, and monitor business challenges, delivering effective solutions that drive organizational...

  • Junior Actuarial Manager

    2 months ago

    Johannesburg, South Africa Jobted ZA C2 Full time

    Job Description: Junior Actuarial Manager The Junior Actuarial Manager is responsible for managing a team of Actuarial Analysts to support business goals by effectively modeling and monitoring actuarial solutions. This role involves overseeing all short-term insurance brands, products, and distribution channels. Key Responsibilities: - Business...

  • Junior Actuarial Manager

    3 weeks ago

    Johannesburg, South Africa The Recruitment Council Full time

    Job Description: Junior Actuarial ManagerThe Junior Actuarial Manager is responsible for managing a team of Actuarial Analysts to support business goals by effectively modeling and monitoring actuarial solutions. This role involves overseeing all short-term insurance brands, products, and distribution channels.Key Responsibilities:Business Requirements...

  • Actuarial Expertise Required

    3 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    The role of Senior Actuarial Specialist at Network Recruitment is a challenging and rewarding opportunity for professionals with advanced actuarial expertise. In this position, you will be responsible for analyzing financial risks, developing pricing strategies, and ensuring regulatory compliance in sectors like insurance or pensions.Key...

  • Junior Actuarial Manager

    2 months ago

    Johannesburg, South Africa The Recruitment Council Full time

    Job Description: Junior Actuarial ManagerThe Junior Actuarial Manager is responsible for managing a team of Actuarial Analysts to support business goals by effectively modeling and monitoring actuarial solutions. This role involves overseeing all short-term insurance brands, products, and distribution channels.Key Responsibilities:Business Requirements...

  • Junior Actuarial Manager

    2 months ago

    Johannesburg, South Africa The Recruitment Council Full time

    Job Description: Junior Actuarial Manager The Junior Actuarial Manager is responsible for managing a team of Actuarial Analysts to support business goals by effectively modeling and monitoring actuarial solutions. This role involves overseeing all short-term insurance brands, products, and distribution channels. Key Responsibilities: Business Requirements...

  • Actuarial Analyst

    2 months ago

    Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    Job Title: Actuarial AnalystJob Description:The Actuarial Analyst will provide vital support to senior analysts and managers within the actuarial team. This role involves utilizing actuarial models to identify, analyze, and address business challenges while delivering effective solutions.Key Responsibilities:Model Deployment and Testing:Assist in planning...

  • Actuarial Consultant

    4 minutes ago

    Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    Job Title: Actuarial ConsultantWe are seeking an experienced Actuarial Consultant to join our team at The Recruitment Council. This is a great opportunity for a Senior Actuarial Analyst looking to advance their career in the actuarial field.Job Description:As an Actuarial Consultant, you will provide actuarial technical support and mentor junior analysts...

  • Actuarial Business Analyst

    1 month ago

    Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    About this role: The Recruitment Council is seeking a skilled Actuarial Business Analyst to support the company's business objectives. As a Junior Actuarial Specialist, the successful candidate will play a key role in developing, implementing, and monitoring actuarial models to address complex business problems.Key responsibilities:Elicit and document...

  • Actuarial Analyst

    1 month ago

    Johannesburg, South Africa Munich Re Full time

    Actuarial Analyst Career Level 3 **Company** Munich Re **Location** Johannesburg, South Africa We are looking for an Actuarial Analyst to join the Group Business team, reporting to the Group Actuarial Team Lead. The Group Business department writes sustainable group reinsurance business, which includes mortality, disability and critical illness benefits,...

  • Actuarial Analyst

    3 weeks ago

    Johannesburg, South Africa Jobted ZA C2 Full time

    Actuarial Analyst Non-Life (#24625) Required Competencies: - Advanced knowledge of MS Office and MS SQL. - Intermediate to advanced programming experience. - Strong understanding of the components of SCR as prescribed by prudential standards; experience in cell captive structures is advantageous. - Non-life insurance experience is a plus. - Knowledge of...

  • Senior Actuarial Specialist

    1 month ago

    Johannesburg, South Africa Jobted ZA C2 Full time

    Analyzes financial risks, develops pricing strategies, and ensures regulatory compliance in sectors like insurance or pensions. Key duties include risk assessments, financial modeling, and providing insights to senior management. The role requires strong actuarial expertise, proficiency in relevant software. Duties: - Analyze financial risks and develop...

  • Actuarial Analyst Specialist

    1 month ago

    Johannesburg, Gauteng, South Africa Paton Personnel Full time

    Actuarial Analyst OpportunityPaton Personnel is seeking an experienced Actuarial Analyst to assist with IFRS17 modelling and lead capital projections for the ORSA. The ideal candidate will have advanced SQL and actuarial expertise to optimise capital and contribute to regulatory deliverables.Key Responsibilities:Collaborate with the team to develop and...