Junior Actuarial Analyst | Sandton

4 days ago


sandton Gauteng, South Africa The Recruitment Council Full time

Our client is seeking a dynamic Junior Actuarial Analyst to provide vital support to senior analysts and managers in our clients Actuarial team. The successful candidate will work with actuarial models to identify, analyze, and monitor business challenges, offering data-driven solutions to optimize business performance.

Key Responsibilities:


Model Deployment & Testing:

  • Assist in planning and executing system changes.
  • Collaborate with users to gather requirements and work with the team to design solutions.
  • Conduct impact and sensitivity analyses before deployment and translate results for business insights on profitability and policy growth.
  • Implement testing processes to ensure successful model deployments.
  • Track product performance and monitor pricing changes effectively.


Data Collection & Analysis:

  • Analyze data from various sources to identify business impacts.
  • Extract, verify, and reconcile data to ensure accuracy and alignment with business objectives.
  • Align data definitions and assumptions to support problem-solving initiatives.


Actuarial Modeling:

  • Support in developing, maintaining, and implementing actuarial models and processes that are fit for purpose.
  • Ensure all models and estimations are clearly documented, including scope, definitions, data, and assumptions.
  • Assist in creating process documentation to ensure models are understandable to external stakeholders.


Improvement & Innovation:

  • Identify and address inefficiencies in processes, systems, and procedures.
  • Stay informed on business developments and proactively propose solutions.
  • Research and share insights on new actuarial techniques to drive continuous improvement.


Business Requirements Identification:

  • Assist in collecting and documenting business requirements to support product development and pricing.
  • Support the Actuarial control cycledevelopment, deployment, and monitoring.
  • Help manage key business metrics like value of new business, embedded value, and profit by product line.


Stakeholder Engagement:

  • Collaborate with internal stakeholders (e.g., Sales and Marketing) to ensure they are informed about project outcomes.
  • Support external stakeholder engagement for product development and related solutions.
  • Ensure measurable service levels and provide feedback to address business issues.


Insights & Reporting:

  • Assist in preparing data reports, presenting insights, and communicating recommendations to stakeholders.
  • Regularly validate data monitoring against credible sources to ensure accuracy.


Operational Compliance:

  • Gain a strong understanding of the organizations policies, procedures, and relevant regulatory standards.
  • Adhere to standards of integrity and professionalism as outlined by the Actuarial Society of South Africa.


Performance Management:

  • Manage your workflow to meet required standards of quality and timeliness, while using performance systems to enhance your professional growth.


Technical Competencies:


Data Collection & Analysis:

  • Analyze data trends with minimal supervision to help guide decision-making.
  • Data Mining & Machine Learning:
  • Extract patterns from large datasets and provide technical guidance where necessary.


Data Control:

  • Organize, protect, and process data to meet business objectives.


Actuarial Modeling & Reporting:

  • Support in developing financial and economic models and create clear, effective reports.


Numerical & Analytical Skills:

  • Use numerical concepts and perform mathematical operations to support report analysis.


Computer Proficiency:

  • Demonstrate strong skills in Actuarial and statistical software (e.g., Prophet) and advanced Microsoft Office.


Multitasking & Attention to Detail:

  • Work effectively on multiple tasks, while maintaining attention to detail.


Compliance Management:

  • Achieve full compliance with applicable regulations and the standards of the Actuarial Society of South Africa.


Communication & Presentation Skills:

  • Communicate ideas clearly in both verbal and written formats, with minimal supervision.


Planning & Organizing:

  • Efficiently plan, prioritize, and organize activities to meet business goals.


Qualifications:


  • Bachelors degree in Actuarial Science or a related field.
  • Making good progress toward Actuarial qualification.


Experience:


  • At least 1 year of actuarial work experience in the financial services sector.
  • Experience with Prophet software is required.


  • sandton, Gauteng, South Africa The Recruitment Council Full time

    Our client is on the lookout for a Senior Actuarial Analyst. The successful candidate will provide expert actuarial support while mentoring junior analysts. Utilizing actuarial models, you'll identify, evaluate, and address business challenges, offering effective solutions to improve profitability and policy growth. Key Responsibilities: Model Deployment...


  • sandton, South Africa Adzuna ZA B C2 Full time

    Our client is seeking a dynamic Junior Actuarial Analyst to provide vital support to senior analysts and managers in our clients Actuarial team. The successful candidate will work with actuarial models to identify, analyze, and monitor business challenges, offering data-driven solutions to optimize business performance.Key Responsibilities:Model Deployment &...


  • Sandton, South Africa The Recruitment Council Full time

    Our client is seeking a dynamic Junior Actuarial Analyst to provide vital support to senior analysts and managers in our clients Actuarial team. The successful candidate will work with actuarial models to identify, analyze, and monitor business challenges, offering data-driven solutions to optimize business performance.Key Responsibilities:Model Deployment &...


  • sandton, South Africa Adzuna ZA B C2 Full time

    Our client is on the lookout for a Senior Actuarial Analyst. The successful candidate will provide expert actuarial support while mentoring junior analysts. Utilizing actuarial models, you'll identify, evaluate, and address business challenges, offering effective solutions to improve profitability and policy growth.Key Responsibilities:Model Deployment...


  • Sandton, South Africa The Recruitment Council Full time

    Our client is on the lookout for a Senior Actuarial Analyst. The successful candidate will provide expert actuarial support while mentoring junior analysts. Utilizing actuarial models, you'll identify, evaluate, and address business challenges, offering effective solutions to improve profitability and policy growth.Key Responsibilities:Model Deployment and...

  • Actuarial Manager

    3 months ago


    Sandton, South Africa RPO Recruitment Full time

    RPO's client in Sandton is currently seeking a skilled Actuarial Manager to join their team of professionals. The Actuarial Manager will be responsible for overseeing the actuarial department and ensuring the accurate and timely completion of actuarial processes and analyses. The individual in this role will collaborate with the Chief Actuary to develop...

  • Actuarial Analyst

    4 months ago


    Sandton, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Recruitment Agency / Vacancy in Sandton- Salary- R900k - R700k per annum- Job Type- Permanent- Education- TASSA / AMASSA- Experience- 3+ Years- Reference- ActAnLife - AP- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847An exciting opportunity exists at an insurer in Johannesburg. They are looking for an Actuarial...


  • sandton, South Africa Adzuna ZA B C2 Full time

    Our client is seeking a dynamic and analytical Actuarial Analyst to support senior team members within the Actuarial division. The successful candidate will leverage actuarial models to identify, analyze, and monitor business challenges, providing practical solutions that enhance decision-making and drive business performance.Key Responsibilities:Model...


  • Sandton, South Africa The Recruitment Council Full time

    Our client is seeking a dynamic and analytical Actuarial Analyst to support senior team members within the Actuarial division. The successful candidate will leverage actuarial models to identify, analyze, and monitor business challenges, providing practical solutions that enhance decision-making and drive business performance.Key Responsibilities:Model...


  • Gauteng, South Africa 1 Life Insurance Full time

    **JOB PURPOSE** Provide support to senior analysts and managers within the 1Life Actuarial team. Use actuarial models to identify, model and monitor business problems and provide effective solutions. **RESPONSIBILITIES** **Model deployment and testing** Support the planning and delivery of systems changes. Engage with users to identify requirements and...

  • Actuarial Analyst

    5 days ago


    Sandton, Gauteng, South Africa The Recruitment Council Full time

    Actuarial Analyst Job DescriptionThe Recruitment Council is seeking a skilled Actuarial Analyst to join our team. As an Actuarial Analyst, you will play a crucial role in supporting senior analysts and managers in our Actuarial team.Key Responsibilities:Model Deployment & Testing: Assist in planning and executing system changes, collaborate with users to...


  • Sandton, Gauteng, South Africa The Recruitment Council Full time

    Senior Actuarial AnalystThe Recruitment Council is seeking a highly skilled Senior Actuarial Analyst to join our team. As a key member of our actuarial team, you will be responsible for providing expert actuarial support and mentoring junior analysts.Key Responsibilities:Model Deployment and Testing: Lead the planning and implementation of system changes,...


  • Gauteng, South Africa 1 Life Insurance Full time

    **JOB PURPOSE** Provide actuarial technical support and coach/mentor junior analysts within the Actuarial team. Use statistical models to analyze data and calculate the probability of and costs associated with certain events. **RESPONSIBILITIES** **Business Requirements Identification** Analyze business requirements and to identify root cause rather than...


  • 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 Analyst

    2 weeks ago


    Sandton, South Africa Sanlam Full time

    About the RoleWe are seeking a highly skilled Actuarial Analyst to join our team at SanlamAllianz. As an Actuarial Analyst, you will play a critical role in supporting the Chief Actuary for SanlamAllianz General Insurance, providing actuarial and business support to our General Insurance businesses.Key ResponsibilitiesPerform detailed data analysis and build...


  • Sandton, South Africa PPS Recruitment Full time

    Actuarial Analyst RoleWe are seeking an experienced Actuarial Analyst to join our team at PPS Recruitment. The successful candidate will be responsible for analyzing risk evaluation data, coordinating actuarial analyses, and interacting with various teams within the Actuarial Services department and other departments within the PPS Group.Key...

  • Actuarial Analyst

    8 hours ago


    Sandton, Gauteng, South Africa The Recruitment Council Full time

    Actuarial Analyst Job DescriptionThe Recruitment Council is seeking a highly skilled Actuarial Analyst to join our team. As an Actuarial Analyst, you will play a crucial role in supporting senior team members within the Actuarial division.Key Responsibilities:Model Deployment and Testing: Assist in the planning and execution of system changes, work closely...


  • 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 Requirements...

  • Actuarial Analyst

    4 months ago


    Sandton, South Africa Moving Heads Personnel Full time

    Responsible for assisting with the efficient functioning of the Balance Sheet Management function. - Perform monthly capital calculations. - Assist with IFRS17 modelling of LRC and LIC provisions. - Assist and take ownership of the capital projections for the ORSA. - Actively participate in initiatives to optimise capital. - Actively participate and take...


  • Gauteng, South Africa The Vine Partners (Pty) Ltd Full time

    **Qualifications**: - Actuarial Degree **Experience Required**: - 5+ years of actuarial experience, specifically in life insurance and preferably in health also. - Pricing and underwriting experience strongly beneficial. - Proficiency in statistical software and actuarial modelling tools - Stellar communication and collaboration skills -...