Actuarial Analyst

2 weeks ago


Cape Town, South Africa Network Recruitment Full time
Duties and Responsibilities:
  • Solution Development: Design and maintain protection products (e.g., life, disability, funeral, critical illness) for individuals and groups.
  • Market Analysis: Research market trends and identify opportunities for new products or enhancements to existing offerings.
  • Financial Modeling: Perform actuarial and financial modeling to evaluate the viability and profitability of solutions.
  • Client Engagement: Utilize behavioral and predictive modeling to enhance client retention and satisfaction strategies.
  • Assumption Management: Set, monitor, and review key actuarial assumptions to ensure accuracy and reliability.
  • Collaboration: Partner with technical and business stakeholders to source and analyze data for informed decision-making.
  • Data Insights: Gather, interpret, and present data findings to support operational and strategic initiatives.
  • Proactive Contribution: Identify areas for improvement and make analytical recommendations to enhance business performance.
Qualifications:
  • Education:
    • Degree in Actuarial Science (Honours degree preferred).
    • Completion of ASSA A100 and A200 series exams (Foundation and Intermediate Technical levels).
  • Experience:
    • Minimum of 2 years in actuarial roles, preferably within the financial services or insurance sectors.
    • Experience in long-term insurance product pricing and actuarial modeling (preferred).


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