Actuarial Analyst | Sandton

3 months ago


sandton Gauteng, 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 Deployment and Testing:

  • Assist in the planning and execution of system changes.
  • Work closely with stakeholders to define business requirements and deliver effective solutions.
  • Conduct impact and sensitivity analyses, clearly communicating results to the business and outlining the implications of pricing changes.
  • Support the successful deployment of models by defining robust testing processes.
  • Track product and pricing performance, ensuring that monitoring mechanisms are in place.

Process Improvement and Innovation:

  • Identify areas for improvement within existing systems, processes, and models.
  • Stay updated on industry developments and proactively contribute to creating innovative solutions.
  • Continuously research actuarial techniques and share findings with the team to enhance efficiency.


Actuarial Modeling:

  • Develop, maintain, and implement actuarial models that accurately reflect business realities.
  • Ensure all models are thoroughly documented, with clear definitions, data inputs, and assumptions.
  • Put in place risk mitigation strategies to prevent errors in modeling.


Business Requirements Identification:

  • Support the collection and documentation of business requirements, ensuring clarity and alignment with business needs.
  • Assist with the actuarial control cycle, including the development, deployment, and monitoring of actuarial models.
  • Contribute to managing key business metrics like embedded value, product profitability, and new business value.


Stakeholder Engagement:

  • Collaborate with internal teams, such as Sales and Marketing, to ensure alignment and communication of outcomes.
  • Work with external stakeholders to drive effective product development solutions.
  • Maintain service levels for business requests and provide insightful feedback based on business needs.


Data Analysis and Insights:

  • Analyze data from various sources to identify trends and provide recommendations.
  • Ensure the accuracy of data used for actuarial models by reconciling it with credible data sources.
  • Prepare reports that translate data into actionable insights and recommendations for stakeholders.


Operational Compliance:

  • Stay informed about organizational policies and industry regulations, ensuring all work adheres to the standards set by the Actuarial Society of South Africa.
  • Apply actuarial practices in line with regulatory guidelines.


Behavioral Competencies:

  • Action-Oriented: Approaches challenges with urgency and enthusiasm.
  • Financial Acumen: Understands key financial drivers and makes well-considered decisions.
  • Business Insight: Uses market knowledge to drive business goals.
  • Manages Complexity: Approaches complex problems logically, evaluating all angles to uncover solutions.
  • Work Process Optimization: Continuously seeks ways to enhance efficiency.
  • Ensures Accountability: Takes ownership of responsibilities, meeting commitments consistently.
  • Manages Ambiguity: Thrives in unclear situations, adapting with composure.
  • Effective Communication: Clearly conveys information across different audiences.
  • Collaboration: Works well in a team setting to achieve shared objectives.
  • Resilience: Overcomes setbacks and remains focused under pressure.
  • Persuasion: Uses well-reasoned arguments to gain support from others.
  • Decision Quality: Makes sound decisions independently and knows when to seek advice.


Technical Competencies:

  • Actuarial Modeling: Develop financial and economic models with minimal supervision.
  • Reporting: Create insightful reports and presentations with guidance.
  • Numerical Skills: Strong proficiency in mathematics and statistics for actuarial purposes.
  • Data Analysis and Control: Extract, analyze, and ensure the integrity of data.
  • Multitasking: Manage multiple tasks effectively, maintaining attention to detail.
  • Compliance Management: Adhere to the standards of the Actuarial Society of South Africa.
  • Negotiation: Secure agreement and consensus with both internal and external parties.
  • Presentation and Communication: Convey complex information clearly to various stakeholders.


Qualifications:

  • Bachelor's degree in Actuarial Science or a related field.
  • Progress toward full actuarial qualification.


Experience:

  • Minimum 1 year of actuarial experience in the Short-Term Insurance sector.


  • 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...


  • 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...

  • Actuarial Analyst

    6 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 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...


  • 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...


  • 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 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 Analyst

    4 weeks ago


    Gauteng, South Africa Goldman Tech Resourcing Full time

    We have an amazing opportunity for an Insurance Company who are seeking an Actuarial Analyst to join their team Gauteng. We require a candidate with: The following experience and qualification will be required: Nearly or newly qualified actuary 5 years experience in short-term or general insurance, specifically in product development and pricing Management...

  • Actuarial Manager

    6 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

    3 months ago


    Gauteng, South Africa MSP Staffing LTD Full time

    A reputable financial services group is seeking an Actuarial Analyst to join their team. The role focuses on remuneration modelling, marketing and operational insights for process optimisation, and procurement insights. This technical role offers opportunities for development in various areas, with responsibilities ranging from data analysis and statistical...


  • sandton, Gauteng, 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...


  • 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 -...


  • 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

    About the RoleWe are seeking an Actuarial Business Analyst to join our team at The Recruitment Council. In this role, you will be responsible for providing vital support to senior analysts and managers in our Actuarial team.


  • sandton, Gauteng, 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...


  • 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

    1 month ago


    Sandton, Gauteng, South Africa The Recruitment Council Full time

    Job Title: Junior Actuarial AnalystThe Recruitment Council is seeking a talented Junior Actuarial Analyst to join our team. As a key member of our Actuarial team, you will provide vital support to senior analysts and managers in driving business growth and optimizing performance.Key Responsibilities:Model Deployment & Testing: Assist in planning and...

  • Actuarial Analyst

    3 weeks ago


    Sandton, South Africa Sanlam Full time

    **What will you do?** - Santam’s Actuarial and Data Analytics team has an exciting new opportunity available for a general insurance professional.- The position will be based at Santam’s Head Office in Bellville, Cape Town or Sandton Johannesburg. **What will make you successful in this role?**KEY ACCOUNTABILITIES**: - Develop effective pricing and...


  • Sandton, South Africa Wound and Burn Centers of America Full time

    Investment analyst and assistant portfolio manager The Investment Division is seeking a highly qualified Investment Analyst and Assistant Portfolio Manager to join their team. The successful candidate will work directly with the Chief Investment Officer (CIO), who will be their primary reporting manager, focusing on both traditional multi-management and...


  • Sandton, South Africa Mister Sparky Corporate Store Full time

    The role holder will be responsible to oversee team to perform routine Reserving or Capital tasks as assigned requiring minimal direct supervision; performs more complex analyses. Detailed description The successful candidate will be responsible for the following key performance areas: General - Provide actuarial services with minimal supervision. -...